Fish eating shop

Kennedy

Nairobi, Kenya

52% repaid

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How it Works

Entrepreneur

Name

Kennedy

Member since

September 2015

On-time repayments

92 installments • 39%

About Me

schooled in the village and later joined town for university. have burned charcoal to help in paying my school fee. i started business by selling sweets, scratch cards, milk and sugar. in my culture, people believe that business is for those who are not schooled. the is no problem with trying but there is a problem with not trying. i would like my children to emulate hard working spirit. am a good dancer and like reading inspirational books like poor dad rich dad.

My Business

mechanical work and body work. cars get spoiled hence needs repair, accidents are also common i our roads thus need for body work. this business is paying well and also enhances relationship with customers. spare parts are, labour, electricity are my cost. revenue labour charge and spare mark up. profits i use to improve the business.

Loan Proposal

I am planning to buy fish for resale. 1 fish is $1.5 buying price and $3 selling. To make more profit, you need more fish to sell. That's why I need more money.
I also want to buy frying oil that will cost $8. This can fry up-to 200 fish. With cost analysis, I'll be able to make a profit between $2 to $2.5 . From the profit I'll be able to pay rent and reinvest the profit again into the business.