Loan to increase stock of credit cards

Entrepreneur

About Me

My name is Daudi Barak, a Kenyan by birth. My home district Meru, Eastern Province. Currently, I reside in Baba dogo, Nairobi.

I am the first born in a family of eight. My parents are small scale business persons, while my siblings are in primary school, high school, and college. I went to Diguna Discipleship Training school from 2011 to 2012.

Currently, I have not gotten a job but I am engaged in volunteering tasks in an NGO in Nairobi. I am visionary and supply credit cards, In future I want to start a retail shop for credit cards and other products.

My Business

My current business is supplying credit cards to retail shops. Each day, I purchase cards worth $100 and make a profit of about $10. I use the profit to meet our family's daily needs and cater for fare.

I currently have inadequate money yet I have gotten more orders. I need to increase my capital base. I kindly request for this loan to purchase more credit cards and improve my business. Thank you for your support.

Loan Proposal

I ma requesting for this loan to increase my stock of credit cards. I have been purchasing new cards using $100 daily. The profits of about $ 10 daily is good enough but due to the many family needs, I have limited savings and would appreciate for support to increase the stock in a response to an increase of demand of the products. Thank you in advance.

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