2 Containers of Hydrocloric Acid for making detergents

Entrepreneur

About Me

I am Lucy Gacheru, 1st born in a family of six. Born in Narok County- Rift Valley region of Kenya and later relocated to Gilgil where the family still lives.
I later moved to Mombasa and to my late husband John Kiruri in 2008 who passed on in 2013 due to heart failure. I have one daughter who is 3years and 10 months old. She is now attending a pre-primary unit in year one. We started a business together with my late husband in Mombasa which I rely on for my daughter’s upkeep and other family expenses.

My Business

I deal with industrial chemicals for making detergents, body lotions, hair, carpet as well as car shampoos. I provide raw materials to people who manufacture these products on a very small scale. I serve many customers since these products are very popular with low income earners who are the majority in this town. They products provide a cheap alternative to the more expensive and well packaged products produced by multi-national companies.

Due to the large number of customers, the business gives me a fairly good income of about $500 after paying my 1 worker and the bills. I am intending to expand my business by hiring an extra worker who will help me in delivering the chemicals to clients. However, this will come at a cost since I have to buy him a protective gear and create a desk for him.

Loan Proposal

I sell raw materials that are used to make soap, detergents and shampoos. One of the basic ingredients is hydrochloric acid which is always in high demand. I buy this product from the capital city - Nairobi and it is sold in big containers of 40 liters each. I such container costs $22 and therefore, with this loan, I will be able to purchase 80 liters of the acid.

This will go a long way in ensuring that I have a constant supply of the product. The product is fast moving and I hope to recover this money within two weeks hence my short repayment period.

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