Buy materials for my wedding workshop

Entrepreneur

About Me

My name is Patrick Amugamwa iam amarried man age 30 years.Iam the soul bread winner of my family of four.I studied at mapera primary school,I droped out of school at my o level which forced me to look for temporary jobs and found some money that helped me to start these small business.Despise a lot of challenges iam still moving on.I come from western Kenya a place called Kakamega but currently living in Eldoret.I have been living in these town for the past fifteen years.

My Business

I have been operating for the last 10 years ,Because of ever increasing Population In Eldoret people are building houses every day.Thus the demand is high.I buy my material from the near by hardware I make doors and windows using metals.The cost of running the business monthly is 10,000/=.
The following is how I normally use profit from the business
10%I give tithe to the Church
70%Up keep i.e Food and rent
5% Savings
15% I support my aged mother and sisters in law.

Loan Proposal

Dear lenders, in my business I do welding using solders and also different shapes of iron bars and plates at times.

If my loan is funded, I will be able to buy 3 packets of solders at 3,300KES , in US$35 and the remaining amount will use to buy iron bars and plates 5734KES, in US$65. This will increase my profit margin by at least 2% which is about 1500KES and enable my customers to get most things they need from me without having to walk looking for the goods.

Looking forward to my second loan being funded. Once again, thank you for having funded my previous loan.

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Loan Info

Lenders