African beauty and curios for export to europe

Entrepreneur

About Me

I am the last born in a family of 6 six siblings, my parents died in a car crush while i was in my tender ages... 4years to be precise, Education was a challenge to me since none of my siblings were well enough to support me in my education and on several occasions i was forced to stay at home for lack of school funds, while at home i developed the love of art work and crafts. I manage through thick and thin and completed my collage Diploma in Information Technology,
I was first employed in a five star hotel in the capital city Nairobi in a Health and Spa department, that's where i started saving for my crafts business which i had developed a passion for. For the first few years all was well and i even left my employed work to fully concentrate on my business which was booming then and the returns were 100% !
I got married a few a year later and a blessed with Three Kids now, the cost of living is high here and i need to fend for my kids education and basic needs, that's why i decided to venture in exporting my products abroad.
Even though competition is building up by the day, I have manage d to open up three mobile outlets and i have clients who i deliver their orders two or three times month. I have created employment to four and i am willing to create more slots should i start selling abroad.

My Business

I am in the business of selling traditional African beaded beauty products for more than five years now, I wish to expand my business and to export my products to Europe, Australia and America. I came up with the decision as the cost of doing business here in Kenya and mostly Nairobi is rising by the minute, levies and permits are to the roof top now leaving one minimal profits, not like it used to be before. After a few consultations and extensive research , I have decided to expand my business overseas, and i have no doubt i will never go wrong on my selling African beauty products abroad.

Loan Proposal

I intend to use the loan to boost my production. Buy more materials and produce more products. Should i increase my product then definitely my profits margins will shoot up to 30-35%.

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