Fruits and cereal business

Entrepreneur

About Me

I am Margaret Nyambura, my tribe is Kikuyu. I was born in Nanyuki, Rift valley province, Kenya. I am the second born of 4 ladies. I am a single mother with one son, 7 years old. My firstborn sister is married with 2 daughters, thirdborn sister is married with one son and my little sister is in campus, third year. My parents were very hardworking farmers which gave my dad a name , 'Kamindo', a Meru word meaning strong,hardworking man who never tire, Mmmmmmmh. So we could assist in the farm, fetch water from the river, fetch firewood and do all household chores. I am 28 aged business woman. Since my parents separated, life has not been easy. Dad has not been supporting us at all so my dear mother has struggled all through, paying for our school fees until we attained high school. My Older sister got married before completing her college studies, the third born gave up after failing some papers as she was pursuing B. business management. Myself i did My KCSE, Kenya Certificate of Secondary Education in 2009. In 2010 i enrolled for computer studies and scored distinction. I was to join campus in 2011 but i did not because i was expectant. since then i have worked very hard to feed my kid, myself, pay for school fees and support my mother. We have struggled to pay for my sister's university fee until i couldn't afford for my college fee. This made me think, i thought of a small business, i could cook chapattis and sell, buy children clothes and sell by mobile. Now I buy dry beans, dry maize, peas and other cereals, fruits and veges and sell at retail. I love doing my own business and being my own boss. As my mother helps me in business, i work at Oloolaiser Boys High School as an Accountant. Before i used to work as the secretary but after i started my CPA, they promoted me to the accounts office. I don't earn much though, but i'm grateful. I am hardworking, principled and goal oriented lady. I believe in success, dream come true and most of all, I believe I can.

My Business

I do cereal's business. I buy stock from farm and sell to customers at a good price. I also do online marketing e.g network marketing, and also I sell items online. I work as an accountant, Oloolaiser high school and earn small amount end month. to sum up, I am a hustler.

Loan Proposal

I will buy fruits, dry beans and maize, raw bananas, peas and rice. Then i will sell at a retail price for profit. For the rice i buy at 2$ per kg and sell at 2.5$ so I get a profit of 0.5$ per kg. For the dry maize and beans, I will buy at 1.5$ per kg and sell at 2$ per kg getting a profit of 0.5$ per kg, the same case applies to peas. So if I buy 10 kg of every item listed, I will get a profit of 15$. It varies will raw bananas because of seasons. But when I earn more, I get a profit of 2 $ for a bunch of bananas.

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