Selling of foodstuffs and households goods

Entrepreneur

About Me

I am Arap Nyige from Eldoret county in Kenya running a retail business shop in the Eldoret town. My shop has been operating for more than 10 years since I migrate from my born village in Narok county to the city of Eldoret.Firstly I was in Nairobi county doing my job and I was able to save some amount of money which I used to buy the plot in town of Eldoret . I bought a plot 500 by 100 at amount $20000. After buying the plot I started building my house first where I can live with my family,and after I decided that I should business some business shop which will rent and have one to run my business to assist me in any other hand to pay school fees for my children in various schools. I am a father of six children and two adopted children making them eight children.The last two years have been challenging for me since I was having four children in different universities lacking their fees and my business was not yet grown and I had quit my Since I needed my children to get my education the fees have been draining my finances and I had to withdraw money from the business for their education. The business is now low on stock and would like to get it back to it's normal operations. Also am a pastor in my church where I was assisted in any other hand,my church church members were able to raise for me $2000 to help me pay school fees for my children and add stock to my business.So am requesting for a loan that I will use to stock back my business to normal and I promise I will be faithful to you when giving back the fund. I also promise to follow payment installment on time.Thank you

My Business

I operate a retail shop dealing with food stuffs and households goods.I decided to run this business because I saw that it can give me more profit.I started this business after I saw that it will help me pay school fees for my children because the job I was doing was was not giving me enough money to pay school fees and feed my family.I was able to raise a capital of $1000 as a capital to start my business, but due to challenges I have been through I have reduced some amount of money to pay school fees for my children.My business is running smoothly by now though I still need more capital to add more stock.

Project Proposal

I have budgeted my plan for business where I will have to use the funds to buy two cartons of lido soaps,three cartons of kibuyu soaps,a carton of Menengai soap, Geisha soap,aerial soap,five cartons of matchbox, sweets,snacks,pens,books,shoe polish,sugar,rice,flour,tea leaves, cooking fat,oilments and perfumes.I am very happy appreciating your assistance.Thank you very much.Regards

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