More maize and beans for school supplies

Entrepreneur

About Me

my name is Ruth, I am the first born in a family of eight. i was born in a humbIe family and am a form four leaver and i passed with good grades but was unable to continue my studies due to financial challenges .my parent were not able to pay my school fees. I decided to do business to help my parents in providing for the family and also in educating my siblings

My Business

I do supply cereals like maize and beans to schools, institutions, and milling companies. I take my products from farmers at a lower reduced price that is at $20 per bag of maize and sell them at least at 30%profit and sometimes even more.and $ 12 for a bag of beans and sell at $20 making a profit of $8 through this I have been able to pay school fees for my siblings and help my parents in their daily needs

Loan Proposal

I plan to use the funds in increasing my stock . this will greatly boost me to be able to supply without fear that I will run out of stock. I will buy an extra bag of maize for shs 2000 and use the rest in transporting the maize to the store. I believe this will increase my profits by 30% margin. I will use this profits in growing my business and some to help my parents at home.

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Loan Info

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