Grocery business

Entrepreneur

About Me

Am a Kenyan aged 40yrs,married,with 2 children,aged 11yrs and 4yrs respectively. Both are schooling.
My parents were poor and couldn't give me enough education for employment.
I joined my cousin in coastal town of Mombasa where he had a small shop. I assisted him, earning a small commission. After 3yrs,I had a small capital to begin my own shop. Two years later,I closed down and shifted to Laikipia,where I began horticulture farming.
Climate change,made farming hard.
Flooding and dry seasons,drove me out of farming business.
Armed with less than US$ 100,I set off to Samburu where I began a small groceries shop.
It's doing well.

My Business

Now,my business is worth about US$ 700.
I've been using it's income to repay a loan of US$ 1200 which we had (my wife had taken it to boost our farming),and up to now I've settled US$ 1000. After expanding my business (I've done research),I expect to accelerate my income margin by more than 300%.
I plan to distribute shop groceries within Samburu county,using a pickup car,which my brother is lending me at a small cost/day.
I also plan to invest in small scale mining of Sapphire corundum here in Samburu.
Expect I will repay every coin you lend me and I promise a better working relations with my lenders.

Loan Proposal

I plan to expand my business and by so,increase my income.
I will buy processed milk from Meru Central Farmers at US$ 3 per 21pack carton,transport to Samburu and sell the same at US$ 4.5.

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Loan Info