Loan to increase stock for my shop

Entrepreneur

About Me

Am a firstborn in a family of four, a part time student at university of nairobi and a budding entreprenuer.
I hail from a humble background and this has always inspired me to work hard inorder to have a brighter future.
Growing up in a humble background meant that life was really difficult at times but God has always been merciful.
My hobbies include watching movies, documentaries and listening to good music.

My Business

My business entails sell of home supplies and also phone accessories.
I decided to venture into this type of business due to demand for such goods.
My typicall costs include:
Rent-$80
County licence-$30
Water and electricity-$40
While my revenue usually averages $360.
I usually use the profits to fund my education and the remaining is ploughed back into the business.

Loan Proposal

With this loan i shall purchase:
Sugar $100
Flour $90
phone housings $50
Chargers-$50
soap-$28
This will increase the stock volume of the business. In addition this will boost my business profits by at least 15%

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