Business loan

Entrepreneur

About Me

I grew from a stable family with good up bring until when i lost my mum. That's when life took a turn it was tough but we managed to go through school. I managed the hardship by working hard towards an independent life being positive and hoping for the best the little money i made i would save it for tomorrow.

My Business

In my neighborhood there's a lot of animal keeping and milk is available. I started by buying milk from farmers and selling it. It was a great venture for me because everyone needs milk on a daily basis despite the risk that comes with selling milk i overcame and everything was great. I had to look outside the box and think of any other thing i can do with milk and make more money. The idea of yoghurt came up and therefore i had to go learn and come up with away of making yoghurt. The cost is high because you have to pay farmers in time to avoid disappointment and encourage them to keep on with the supplies. I make revenue by selling it to my customers directly or through retailers. The profits i make i use it in paying all the people who help me through it some i add to the business while the rest i save for future use and growth of the business

Loan Proposal

With the amount given above i will buy milk because it's the major raw material i use. A litre of milk costs $4 so i will be able to buy at least$40 litres.
With additional litres of milk i will create more sales because of the higher of availability of raw materials thus benefiting in increase of revenue... More profits means i will be able to pay and have control on my costs.
My expectations is to build a more financial security for me and my lender's.
For instance i have an operation of 120 litres of milk per day with the another boost of 40 litres of milk i will be operating on 160 litres of milk on a daily basis which is an increase on production and profit will be higher

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