A notch above

Entrepreneur

About Me

Stephen is my name.From Kilifi ,North Coast Kenya.
raised in the coast and went to school and finished high school after a long journey of struggle with my parent to pay my fees.
started doing some small jobs to earn so that I can better myself and family as well.
my small savings led me to opening my small business of which I'm still running.
I love reading books especially business knowledge and want to know more about investing.
I believe I have a great future ahead and I am working smart to get there.

My Business

I sell used clothes and also households stuff.i buy stock for $200 and resell for a profit of $120.
I pay rent of $10 and have other small expenses like transport which is not much.

I use my profit to further my studies and expand my business slowly...I also help my small brother with his tuition fees.

Okay that was 2017,but its 2019 and I have decided to come source for more funding for greater heights.

I managed to accumulate money and bought an ice cream machine which started working and is now bringing in some good earnings.
The hot weather at the coast is really favorable for the ice cream business and so far I can say is good.

People around and the students in the various institutions enjoy ice Popsicle during lunch breaks and they feel good and enjoy.
Okay,I am mostly doing supplies in schools and other institutions and also do events.
I spend $10 to buy ingredients and $60 for transport and other expenses.
I generate $500 every month from this business.

I'm looking forward to getting financial help and expand my business.
I am now looking into getting $5000 to improve my machinery and open two more outlets with each having a fully functioning machine and all other equipment in place.

I can do a whole lot more with expansion of my business and also bring in some more products.. variety of which have a high demand but haven't able to purchase due to lack of funds.

Thank you for support.

Loan Proposal

with the loan,I will buy stock for my business.
I will be able to purchase stock worth $750 for a variety of jeans and T-shirts together with boots and also get utensils, cutlery for the household items which will be worth $250.
the jeans will cost $250
t-shirts will cost $200
boots will cost $300
the $71 balance will be used for other expenses like rent and transportation of the products.

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Loan Info

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