Expansion of stock still needed

Victor

Barnabas,nakuru Town, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Victor

Member since

March 2015

On-time repayments

239 installments • 22%

About Me

Hi! My name is Victor,I overcome hardships through proper planning,setting up achievable goals and sticking to a laid down execution techniques,I started my business after realization of a need in the society on communication, I am now building my brand around telecommunication industry,I come from a land full of cereal production, including maize,beans and many others,I love swimming and traveling across the country for both business and visiting friends and family.

My Business

I supply phone accessories including, phone sim cards,phone chargers,holsters,Screen protectors,phone cases,flip cases and wallets.these goods are in high demand and they change with time because new devices are being invented and developed regularly.

I use my profits to do re investments,business expansion and introduction of new range of products on the market.

The typical costs involve distribution costs,parcel sending and delivery costs,typical costs amount to $250, and revenue amounts to $700

The business accessories are sold to consumers through established retailers located across different market centers

Loan Proposal

The funds will be used to expand my current stock in the shop,I want to expand my stock by $300, of which $200 is already available,I am seeking for the remaining $100,this expansion will enable me to grow my profits by at least 10%,This will give me a chance to employ more staff soon.