Stock increase

Entrepreneur

About Me

I am Michael simiyu born from a middle class family in transnzoia county,cherangani constituency, sinyirere ward,just like any other child I passed through some ups and downs during my childhood,I did my k.c.p.e exam in 2010 and joined st.Christopher sec school and passed fairly with a min_grade of c plain thus joining kitale technical institute in the year 2015 february and studied diploma in electrical engineering,I completed my course in the year 2016 February.I was blessed with a job in nairobi,industrial area lungalunga road,brushmanufacturers .I realized I had more potential in business than being employed,I opened my small canteen which pays me fairly,earning 18000_20000 per month.

My Business

I operate my own business situated at kayole,Soweto estate which pays me fairly well.with electrical knowledge so
metimes I do wiring.

i came to start this business because i was working at industrial area and there was alot of challenges as in sometimes payment may delay and as you know the house we live they are rentals. so i decided to open up a shop to atleast have something to cater for my needs.

the money i gate from my business i use it to improve the business,investment and other i help to pay school fees for my brothers.

if i will be given the loan i will still add stock to my business so that i yield more to support myself and my family

Loan Proposal

once given this loan,I will increase my stock,I will also purchase latest items that I lack in my shop.when i increase my stock i atleast increase my profit and the profit i get i use it for investment,stock additional, payment of school fees and helping my family

the loan i will receive i will buy staffs as cereals because i usualy sell maize,beans all types of cereals which may atleast cost like 1000$ dollar.

when i sell my staffs and get profit i will increase my stock enlarge my business other money i will put into investment and other use to build my house.

when i sell all of my staffs atleast i get 50% profit of my selling.

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Loan Info

Lenders