109 installments • 58%
my name is francis itengo omongoluk and i am interested in your services. I went to kakapel primary school in western Kenya where i completed my primary education. Life was not so easy that time whereby i used to walk several kilometers every morning to school. you can imagine walking that long bear foot with too much cold in my mountain location. My focus in life and hard work propelled me to completing my primary education. I managed to pass well and emerged the first in my school and i went to kolanya boys high school for my secondary education. I worked hard and also managed to complete secondary education. After high school i never wanted to stay idle after lacking money to go to college. I had to look for some job to do to earn a living. I landed a small job in a private security firm and that is what i have been depending upon to support me financially. i saved some money monthly till it was enough to buy some groceries for sale and that is how my small business came up.
I sell groceries to the people around my locality. I decided to sell groceries because i came to learn that they are the ones on daily use in many households. i chose to deal with these goods because they are readily available all year long in the market. I use some of the profits other house needs and i spare some for business growth.
From the grocery business I have been doing I am glad to say that I discovered a new business opportunity and that is beekeeping. I decided to spare some cash from my business in addition to the loan I received from zidisha and managed to purchase some beehives. I currently have ten beehives in my apiary. With the harvest coming from the beehives I am sure my revenue will increase.
With this loan, I intend to construct a new structure for conducting my business. Due to the growth of my business I want to expand so as to have enough space for more stock.
the items I will purchase and their prizes are as follows:
timber 20 dollars
nails 5 dollars
iron sheets 50 dollars
cement 16 dollars
labour 20 dollars
This will be of great benefit to me in that my business will grow and my customers will have more goods in different varieties.
After completing this construction of the new business structure I expect my profit to increase by at least 30%.
May 24, 2019
Cost to entrepreneur
Service fee: $4.85
Credit risk payment: $4.85