Additional funds to diversify shop spare parts

Entrepreneur

About Me

A lady in her twenties full of business zeal.
Having trained as an accountant and a graduate I felt the need to start a small business and have never turned back by running auto spares shop in kitengela town ;located at milele centre by name Meyfarm autospares.
I started this business as a result of the need to fulfill my dream to run a business. employment was not making me get satisfaction I wanted in life.Any amount I get after settling all the expenses i use to restock som as to increase my earnings.
I am married with one child who gives me the drive to venture into world of business.
By joining zidisha I am hoping to see a positive acceleration in my business since additional capital will do just that for the expansion.

My Business

Average monthly income between $980
Cost of sales $500
monthly costs include
Rent $87
wages $81
electricity $5
monthly profit after cost of sales-$300
most of Kitengela residents have motorvehicles and therefore the need for auto spares.
with enough stock I will be able to attract many customers as well as instill confidence in them.
there is so much potential in this business given the fact that it is located in an accessible garage behind the famous Nomads hotel and a carwash
Therefore I will be in a position to repay back the given loan on time.

Loan Proposal

From the Loan I am seeking for, this is how I will utilize the money when disbursed.
- Big Vehicle spare parts such as PSVs and Trasport vehicles service parts
-different Lubricants such as motor vehicle oil, Grease, Gear Oil, AT F, Break fluid,Hydraulic oils.-these ones I have been stocking in small quantities but with the loan given I will be able to restock with bigger quantities so as to be able to serve the bigger vehicle which have been outside my reach.
-With some money I also intend to add more shelves so as to create room for growth.

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Loan Info

Lenders