Charcoal retailing business

Entrepreneur

About Me

I have been brought up by good parents but a hard life. I worked hard in school to improve poverty. I ended up getting employed immediately after finishing high school as a shopkeeper. I went ahead to learn computer skills which I use currently. I used to work small casual jobs(cultivating crops for neighbors who had money) at the age of 10years. As I was working as a shopkeeper I gained accounting skills and customer relations since my boss was so strict. I raised enough money by 2015 and was able to start a small business in the same town. Since then, I attracted attention to customers. My husband supports me too, whom we have a girl joining kindergarten soon this month.

My Business

I plan to add low investment goods in my retail shop.I have a strategy to fully stock my retail shop with all goods on demand. Notice, some of the basic commodities in Kenya their prices were increased suddenly. As a result, people have opted for cheaper food one of them being chapatis hence the baking floor and the cooking fats are in high demand. Hence I need to buy enough cooking oils and floor bundles to cater for the extra demand and leave the maize floor. Hotel guys have placed orders on my stock hence I sell too much of my food stuff to them and collect the money in the evening. I will also add cereals which is specifically maize and beans because of their increasing demand. Get ready to lend me your money and I promise to pay back more than your expectations.

Loan Proposal

I WILL USE THE LOAN TO PAY LABOR TO PEOPLE WHO WILL BE MAKING THE CHARCOAL ON MY BEHAVE. THE LOGS ARE READILY AVAILABLE. THE COST OF TRANSPORTATION IS LITTLE AND CAN BE CATERED FOR SINCE IS NEARBY HOMESTEADS NEAR THE MARKET PLACE. APPROXIMATELY THE COST FOR A DAY WORK FOR A MAN IS 500KSH. THE MAKING OF THE CHARCOAL CAN ME DONE WITHING A DAY BUT CLOSE CHECKING FOR THE NEXT 4 DAYS AND REPARING TO MAKE SURE THEY COME OUT IN GOOD CONDITION. I PLAN TO MAKE ATLEAST A FULL 90KG BAG WHICH CAN PRODUCE ATLEAST 50 POLYETHENE BAGS (9 BY 15). THE SMALL BAGS ARE RETAILED AT 30KSH EACH. THIS AMOUNTS TO 1500KSH WHICH CAN BE SOLD IN 5 DAYS AND THE PROCESS CONTINUES. A PROFIT OF ATLEAST 1000KSH IN A WEEK WILL ENABLE ME CATER FOR MY RENT BOTH SHOP AND HOUSE AS BOTH GOES FOR 2000KSH PER MONTH. I CAN STILL ADD SOME OTHER STOCK AND REINVEST IN THE BUSINESS IF IT GROWS FASTER.

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