Buying stock(upholstery)

Entrepreneur

About Me

My name is Daniel Karanja,a prolific businessman in Nairobi.Am a holder of a bachelor degree in Economics from the university of Nairobi.Married with two children though i acquired one through adoption.i was able to start my business through funds that i had saved while i was in the university since i used to practice modern day agriculture.my farm was well managed and cultivated thus it provided my fees and also for the savings.through a very humble beginning,The business has grown with time.after paying taxes,i use my profits for reinvesting in the business,school fees for my children as well and at times i visit various children homes and give my support even though little.i started my business with a capital of Ksh 40000 and it has grown with time and is now worth Ksh.383000

My Business

it's an upholstery business where I sell fabrics,cushions, mattresses,webbings, fiber,foam chips,sofa legs and shoe tacks as well.the business is our main source of income though I do practice agriculture upcountry which also brings more income

Loan Proposal

It will help me add more stock to my business therefore helping me grow bit by bit.secondly my income will increase since the business is well managed.revenue will increase since am a loyal tax payer. When the business grows,it means expansion,therefore I might need more staff since there is need to bring in more labour.

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Loan Info

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