Retail shop for milk and sugar, cooking oil and flour

Entrepreneur

About Me

I am Hannah Mbugua, married and with one child, a daugher.

I grew up in the rural areas of Central Kenya.

After Highs school, I spent most of my time doing little businesses and later joined college of accounts.

My life took a turn when I decided to move from home and start my life alone. I rented a small room without any source of income.
I resumed doing little businesses and applying for jobs.

Later I got a job as internal auditor but within a year, I got an accident, got admitted in the hospital and lost the job.
My life was back to square zero. I went back to stay with my parents. One year later, I got engaged, married and with my lovely husband went to start the small family business which I want to grow.

Am trained in accounts and I do business.

I serve in church and mostly I love children department.

Its also of interest to me to touch people's lives positively.

My Business

My business deals with quick moving food staffs.

I live in an estate where most people work late and by the time they are coming home, most shops are closed.

With my ability to stay late, these customers pick their things from our shop on their way home

Mostly I sell Sugar, Milk, Wheat and Maize flour, coffee, tea leaves, rice and other quick consumables. These goods are on demand mostly because I avail them to my customers when they need them most - late night shopping.

In a bad day my sales are USD 20 and USD 50 on a good day
The profit is between 10-20% of of the sales.

I use the profit to pay rent and add more stock.

Loan Proposal

I plan to spend the loan as follows:
COOKING OIL 10Ltrs USD 14
FRESH FARM MILK 42Ltrs USD 14
MAIZE FLOUR 1 bale USD 11
RICE 30 kg USD 38
SUGAR 25 Kg USD 22
Add Airtime scratchcards with the remining USD 1

The Benefit to ME:
- I will be able to stock more
- I will buy goods in wholesale and resell cheaply to my clients
- My profit margin and turn over will increase. Profit will increase by 10% on the overall.


The Benefit to OTHERS
- They can now buy foodstuffs at comparatively cheap prices from my shop
- They will get a variety of items in the shop

When funded, I believe my business will grow more and I will maintain a high customer flow.

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Loan Info

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