Business stock boost

Leonard

Nakuru, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Leonard

Member since

July 2017

On-time repayments

150 installments • 70%

About Me

I was born in Nakuru on April 28 1981 to my parents David K.A Korir and Ruth Korir at Nakuru provincial general hospital. I started my education at normain pre unit school for my baby and top class education, after completing my pre unit education I joined koinange primary school. Both schools are in Nakuru. From class five I was tranfered by my parents to a boarding school in kitale called north rift education centre for class five to class 8. I joined njoro boys for form one education the later to taita towett secondary school in kipkelion in kericho county. After that I joined rift valley technical training institute for college education where I pursued kcareer in diploma in pharmaceutical technology.

My Business

I started doing my first job as research assistant for a retail census company. I join another company, centre for economic and social research shortly before deciding to be self-employed. I decided to delve into selling of liquor by opening a mini pub and also buying and selling second hand furnitures.I decided to to delve into this business because low start up cost and first flow of goods.i started this business by selling liquor at a start up capital fifteen thousand shillings. And I now rack in around a 1000 shillings profit a day. My frofit mostly goes into bettering my current pub business and also buying second hand furnitures for resale.

Loan Proposal

This loan will directltly go into buying additional stock to my already continuing business. The first moving products would be of good essence. Priority will be given with such diligence. As first moving product will provide for faster expansion of this liquor business and also fund my other secondary business. In profitability, products give of a margin of about 25% to 50%. The expansion will be of great importance to my self any my family with bettering of life. This will mostly help me with my intention of opening a chemist in my locality since that my professional career.