Funding business capital

Entrepreneur

About Me

I am Samuel Parmat aged 29 and I am determined to make it in life.
my childhood is nothing enviable, as i had to endure neglect by parents at a tender age of 4 for a sickness they tought I couldnt be cured, by God's grace I have been brought up by other people who have become my family at different levels of life.
One challenge that I faced and have overcome is the challenge of education, I didnt have the ability to pay for my own fees but by Gods grace i went through primary school courtesy of free primary education programme by the government of kenya. A well wisher settled by secondary school debts for me to get my certificate. perusing the internet I applied a scholarship and thats how I got a schorlaship and graduate in the year 2020 with bachelors of commerce.
Thats my story

My Business

I am starting a business that I need your support and your trust.

I will be making milkshake, smoothies and selling among other things ice pops, ice creams. This business is quite untapped here at highrise Nairobi near Riara University and therefore I believe it will do quite well. The main target of the business is the university students during this sunny period.This business doesnt require huge amount of capital compared to other kind of business.
The demand is quite predictable having operated same kind of business elsewhere and it succeeded
The cost of the business set up is about 70,000 with daily cost estimated to be between 300 and 500. The revenue expected is between 1000-2000 daily.....

I intend to use 60% of income made on business reinvestment and repayment of loans and use 40% on personal expenditure.

Loan Proposal

I will use this loan to boost my business, i know it looks like a small amount but with proper attitude , the sky is the limit. I can use it to add some two or three ladies wears that will in turn bring me profit higher than the amount that will enable me to keep the business going.

Income Source

The business is still doing fine, as per my statement uploaded within the app am still earning so no one should worry about repayment.

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Loan Info

Lenders