Loan application for gas supply

Entrepreneur

About Me

My name is Edwin Ruto 30 years old and a Kenyan citizen by birth. I grew up in a small village of saramek in Nakuru county bordering to mau Forest, near timbwalo primary school 500 hundred meters away from Kenya tea development factory siwot location, kuresoi district, nakuru county p o box 128 keringet.I went to olenguruani primary school when I was 5 years old and completed 8 years of primary school. In the year 2004 joined olenguruani day secondary school where I did my Kenya certificate of secondary education in the year 2007.After my 0 level i join my family in farm work mostly looking after cows and sheeps for about two years later.I moved to Nairobi to look for employment luckily with the help of my friend I secured a job in a food chain industry.After working for a while,I thought to start a business to supplement my salary,that was 2014 I decided to start a computer shop. I started buying the necessary equipment for the project one by one since I could not be able to raise the amount for all items at once. Mid last year I rented a room to run my business up to now the business is doing well. I would like my children to have a good life in future.The land where I live is very cool with alot of rain,every crops and animals can live there peacefully.

My Business

I am employed by a restaurant chain industry within the city of Nairobi and do my part job in my computer shop,my salary is 250 USD.in my computer shop I offer computer services, photography, printing typesetting and passport size photos. The demand is good since many people don't have equipment hence give other people to in their behalf in cost.This is part of my hobby I do it with passion its stress free and can be done by any body in my absence. The revenue from this business I pay rent,pills and pay my colleague whom I employed to do the job while I am away, from the total revenue of about 350 USD depending on the amount of work done per a month.The remaining amount I do reinvest it the business.

Loan Proposal

I wish to apply for a soft loan of 21.5 dollars to help me refill my gas cylinders for sell in my shop. This will help me make more sales and more earnings,hence making my business more efficient to run.This loan will really help my bussiness to grow and expand tremendously. This will enables me to earn up-to 30% increase in profits of total sales per month,that is around 50 dollars profit.My customers will also experience affordable gases at at affordable prices.

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