Transport my products to the market

Kevin

Karatina Town, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Kevin

Member since

July 2015

On-time repayments

132 installments • 50%

About Me

Hello lenders, I am Kevin Nyachihi. I am a diploma holder in Business Information Technology.
I run a computer and cyber café in Karatina Town. My day to day activities at the shop include: Sales and service of computer parts, stationaries sales, general printing, graphic designs and online service like applying for government permits, travel visas, online job application among others.
I am also a follower of Christian faith. I am also involved in social works in the community that I serve like helping the old and vulnerable people in the society.

My Business

I am running a computer and accessories enterprise accompanied with printing and photocopying activities under the name Jelani Technologies. My business is located at Karatina Market Mall Building adjacent to Post Bank Kenya.
Computer and Accessories entails selling ex-uk laptops and desktops computers among other computer accompaniments like chargers, power cables, hard discs etc.
Printing and Photocopying involves walk-ins’ officials and college and university students who come for printing, scanning and photocopying their documents.
My customer base includes clients with official purposes like payslips, license renewals, income tax returns, visa and passport applications, vehicle registrations and transfers among others. While I offer university students services like Higher Education Loans Board application, online students registration and printing services.

Loan Proposal

I currently have 200 mature indigenous mature hens which on a daily basis produce around 180 eggs. I normally sell the eggs to a broker who then resells them in Thika for a better price.
I already have customers in Thika and its environs who are asking if i can be delivering the eggs daily at a higher price compared to the price they normally fetch from the farm. Currently I have made several trips to Thika to deliver the products the price there is better because an egg goes for Kes 18 which is five shillings (Kes 5) above what I get in the farm, in the farm I normally get Kes13.
But commuting with public means is time involving and normally some of my eggs are broken. When I transport with a motorbike I deliver them in good condition but I incur the cost of paying for the motorbike the whole day which lowers my profit with 300, which is the cost I pay the motorbike owner.
If I can purchase my motorbike i can easily deliver my products on time, save on time and reduce breakages which in return will give me more profit and expand my farm and hopefully i add another worker.

In the farm
in a day 180 x 13 = 2340

When i transport them
In a day 180 x 18 = 3,240

A good motorbike will go for 90,000/=
From my savings i have 70,000/=

I am seeking a loan of 19000/= so that i can purchase the motorbike

Thank you
Kevin