Entrepreneur

About Me

I am a businessman in Kiptangwanyi shopping centre. I am a tenant in plot number 54 house number 3. This is where I stay as well as having my business here.I am married with 3 children. One of the kids is in school and the other two are not schooling.I started the business of selling cereals in Kiptangwanyi shopping centre in the year 2005. The business picked well and there is a very high potential for this business in this area and I would like to increase my effort to tap all the opportunities that are available in this area.

My Business

My business entails the services of selling cereals and other dry grains. The business is situated in Kiptangwanyi shopping centre. This place is very good in terms of this type of business. The area is surrounded by many areas which are potentially productive in terms of agricultural products. There is also a very high demand for the products and this increases my customers. Being near Nakuru town which is a major town in Kenya, I am able to supply most of my products to many town dwellers in Nakuru town.The main challenges that my business encounters are transport problems especially during the rainy season because the area has very poor roads. Other challenges are high transport costs, drought and high electricity costs. Currently I am using my earnings to buy large quantities of cereals that I will be able to supply during the dry season next year.

Loan Proposal

I would like to expand my business by buying more cereals during this period of harvesting. There is plenty of the grains in nearby areas and therefore I can be able to get more. This cereals I will resell them later during the dry season. I would also like to improve my storage so that I can handle larger volumes than I currently handle.

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