Expansion of my electronic shop

Entrepreneur

About Me

My name is Edwin, I am a 3rd born in a family of 5, raised in a financially humble family. My schooling was met with alot of challenges. This is because my parents where unable to pay for my fee, they struggled to educate my other siblings but in vain. Having seen those challenges, I decided to find an alternative for our family problems. I looked for an employment in the nearby place where I was looking after the cattle for my neighbor. I worked there for 5 years where I used to save my monthly wages.

My Business

I used my income saved for 5 years to start a small electronic shop, I started selling radio, DVD players and compact disc. Later I offered phone charging since the place was not well networked with electricity. The income I received, I pay for my business rent and the rest I reinvest to business. I have so far added stock to my business and it is really working. I receive approximately $50 a month as a profit. I am now able to support my family and sustain myself.

Loan Proposal

When I receive this loan, I will use to purchase a stock for my shop. A mobile phone spairs parts worth $50. This is on high demand, so my monthly income will be higher, at least 20% percentage increase. This will really boost my business.

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Loan Info

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