Beans, maize, potatoes for my cerials and grocery shop

Entrepreneur

About Me

I was born in a small village called Kirima. Kirima is located in Nakuru county. I went to Kirima Primary school and later I proceeded to kilima secondary school.
After my High school i got a job in Nakuru lodge where I served in the department of house keeping. While I was in Nakuru lodge, I used to save every month 20% of my salary every month.
After 17 years of working I decided to start my business of food retail so I opened a cereal and grocery shop here in the coastal region. The unique thing about the coastal culture is, people don't do farming and therefore they buy food on daily basis which makes their land a unique place to venture in this business of food retail.
I have 2 kids both are still learning and it is their wish when they grow up to became a doctor and a professor.
One of my unique hobbies is visiting different destination where I can also identify a business niche.

My Business

I run a cereal and grocery shop in the coastal region the business include; selling maize floor, wheat floor, rice, sugar, tomatoes beans and peas, maize tomatoes cabbages fruits, cooking oil, onions , garlic, and potatoes.
All these goods that I have mentioned above are always in demand here in the coastal region simply because; people in this region don't do any form of agricultural activities and therefore buying food on daily basis is a must.
The cost of this business is $1200 and the revenue ranges from $170 - $250 in two weeks.
I use my profit to add on my inventory and also to pay for my children's school fees.

Loan Proposal

My loan will specificaly be for adding my inventory in my business. I sell almost all sorts of beans and peas, maize.potatoes, onions and garlic and all this has been a good profit margin of upto 25 percent. If I get a loan it can help me to add more of what I sell most increase my profit, repay the loan and at the same time build a strong creadit point.

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