Buying of foodstuffs like maize flour, sacks of sugar

Entrepreneur

About Me

i schooled in tonongoi primary school where i completed my junior school there. thereafter i went to chemamul high school where i completed my A levels. life is hard but due to my extra work and perseeverance i have totally conquered. my children are hardworking and 3 want to be doctors while 4 are still young. during my free time i like reading bible.

My Business

the goods i sell are normally foodstuffs and also electronics which is of high demand. i chose thus business because in my area i used to see hoq goods are sold and very fast moving so i decided to open it up. the costs are minimal at 3% of the total income. when i get profits i pay school fees for my children and also reinvest the remaining back into the business

Loan Proposal

the loan i am applying will help me increase my stock which includes sacks of rice, sacks of sugar and maize flour. i will increase my stock by buying 5 sacks of sugar which cost 40 dollars each, 3 sacks of rice which costs 30 dollars each, 8 dozens of maize flour which cost 11 dollars each. this in return will increase my savings thus enabling me to pay school fees at ease. thank you.

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