Buy a bicycle to supply eggs

Entrepreneur

About Me

my name is john ouma,I am the first born in a family of 5 siblings, I went to Murumba primary school and the proceeded to St Mathias Busia secondary school,where i did my secondary education. due to lack of school fees I was not able to join college, I started washing cars in town to make ends meet. I did not like car washing job because it was strenous and the payment was so little, I saved some money to start eggs business, however i was caught by pneumonia just when I had started the business and most of my savings went into my treatment. Determined to succed when I got wel I approached a friend who loaned me $50 ,I bought 15 crates of eggs and sold them same day, I was able to repay my loan in three weeks. the business is expanding and I have now rented a room ,I thank God for these far.
I come from busia county it borders Uganda and is multi-cultured as so many communities live here.
I love watching football,and playing basketball during my free time. I also mentor young boys in our church through guiding and counseling.

My Business

I do eggs business both retail and wholesale, i sell my eggs to shops ,and individuals who are mainly students,I source my eggs from a farm in busia and I am always keen on quality i.e cleanness and size.
The demand for eggs is high because its a cheaper source of proteins and is easily available.
I choose these business because it was easy to start, and required less capital. I spend $100 per month on electricity and transport. my average income per month is $300.
I spend the money in business expansion, paying fees for my sibling and taking care of my parents,

Loan Proposal

I am hopeful you are well, I thank God for these golden opportunity to join zidisha family. I am requesting for a loan to help me acquire a bicycle for my business.I would use the bicycle to supply eggs to my clients and therefore avoid spending on transport. these will increase my revenues ,through increased sales and reduced expenditures .
I bicycle will cost $90 and I would add my savings to acquire the bicycle. thank you .

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