Inventory to expand my business

Entrepreneur

About Me

I am Chris from Naivasha Kenya. Naivasha is known for the production of export flowers. Its also a tourist hub with many game parks including Lake Naivasha. I grew up in a society that values physical hard work than mental work
I was born in Nyahururu where i underwent primary and secondary education. Currently am a 3rd year student at the University of Nairobi pursuing Bsc Agribusiness Management. Hardship to fund my education and my love for enterpreneurship motivated me to start a business with cash from friends. During my free time i love playing football, watching movies and reading inspirational books

My Business

my business entails selling of second hand female wear. I get my stock from gikomba which is approximately two hour drive from Naivasha after which i come and sell them at a profit of a 100%. i buy each at ksh 100 and sell at ksh 200.Most of the revenue goes vack to the business since the scale of operation is still low.while i save a small proportion of it for my school fees and upkeep

Loan Proposal

I will use the finances to buy inventory to expand the scale of operation of my businessThis will help me secure a fixed premise in town in the long run which has been a concern by my customers as well as avoiding a challenge of adverse weather conditions. Having increased the size of my stock, i expect an average daily sale of $60 hence an average daily profit of $10 to $15.

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