Loan to buy more plastic bowls, spoons, and plates for sale

Entrepreneur

About Me

My name is Daniel Onyango. l am 70 years of old with 12 children and 28 grandchildren. l am the first born in a family of 12 . l am from Kasgunga ward, Mbita Sub County, Kenya .

I grew up with six siblings (since 6 had died due to childhood diseases) and had to leave junior high school because both of my parents were poor and did not have any income to support my higher education. Life became difficult for me and my other siblings . l tried to find job so that l could take care of my self and siblings but l was unable to find a job . l remained unemployed, later, l decided to set up my own shop and my dream came to pass . l set this shop with the help from my friends. l established my own shop selling plate, plastic bowls , pan and so on . Owning my business has enabled me to earn a stable income of around KES 780 (U$10) a day, which has changed my life and help me to send my siblings and children to school. My dream was that because l did not complete high school and college ,l will help them to finish both high school and college.

My hobbies are reading books, swimming , dancing, and traveling.

My Business

I have set up my own small business shop.and l have been in a business for six years.
l sell plates, plastic bowls , pan and so on. I started this business 36 years ago, when both my parents died and I was left with my siblings and my children to take care of, life became difficult for me. No job and no money to support education of my siblings and own children. I have worked on this business and it has taken me through the crisis of life. I have a very good customers who always buy from me.

My business is profitable because I have so many customers so I sell more.I also have so many customers because my prices are normal. The risk of my business have been facing is lack of capital to expand my business and and take good care of my family and reinvest some of the profit into the business

I am going to invest all the loan in the business so that my profit and income will increase in order for me to continue to support my grandchildren (the ones who parents have died) to go to school . I make at least KES 780 (US$10) a day.
I will be paying the loan from the Profit I make .

Loan Proposal

l have a shop and l have been in a business for over 3six years. l am selling pan, plastic bowls, plate, spoons and so on. These are essential household items and the demand is quite high than what I have as stock which is denying me customers.

The profits from the business will be used to take good care of my family and 12 orphaned grandchildren. I will also take 50% of the profit to reinvest into the business. l want the lenders to give me loan so that l will be able to keep up in business. l want to expand my business and add more plates, pan, spoons, bowls to my shop. l urge the lenders to fund me so that l expand the business to cater for my myself and family. Thank you Zidisha and all the lenders.

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