Funds to add stock to my business

Entrepreneur

About Me

I am a mother of six children two girls and four boys all my children are still alive and my husband also Mr martin Were who is also a village elder in our Masogo Village four of my children live in Nairobi my last born is still in primary school std 7 and my second last is in his first year at Jaramogi Oginga Odinga University of Science and Technology,we moved to Masogo some ten years back after my husband retired from his job and we settled here at his fathers farm,I started my business back then so I may assist him to bring up our children and to help grow our village.During my free time I travel to visit my children and I also like to socialize with people so I attend forums since am also a volunteer at KEMRI and other community projects.

My Business

My business involve selling of new and second hand bags which I buy from Gikomba market in Nairobi and take them to my village I found this business to be profitable since my village is remote and it has a big population and most of the people there are settled there doing crops and animal farming so there is flow of cash but they do not have time to travel to Nairobi to buy this products that they need so I do the work for them and they pay well.From the profit i get from my business I save the rest I cost share with my hgusband to support my family expences.

Loan Proposal

I wish to add stock to my bags selling business since my customers are growing very fast and the demand for my bags is very high so I wish to add stock of Ksh9526 to my current stock,this will be beneficial to my stock since in my line of business the bigger my stock the more I will sell since on my last loan the stock I added was small though I made a very nice profit of up to 60% now with the funding of the amount am requesting it will be like double the amount I received last time and so my profits will grow up to 85% and that will be very good for business since I will be in a better position to take care of my needs and save and repay my loan very well without stress,thanks in advance.

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