Funds to expand my grocery bussiness

Entrepreneur

About Me

I am Brian Ogendi. a Christian and a hardworking man. I was born and brought up in Kisii. I completed my primary and secondary Education and now i am at my higher learning level at the University of Eldoret.
Due to high demands of daily life, i had to think of a way to counter the issue and i did settle on a business idea as was was the most ideal way for me to improve my life. I sought financial support from my parents and relatives to facilitate the starting of a business.
The uniqueness of my land is the fact that there is a lot of farming due to land fertility and well rain distribution through out the year.My hobbies are listening to music,watching and playing football.

My Business

My business deals with grocery and blending of fruit juices. I chose this business idea due to huge number of students community and the high demand around.My monthly typical costs include Renf of Ksh. 3000, electricity bill of Ksh.250, raw materials of Ksh.5000 and miscellaneous cost of Ksh.1000.
My revenue(monthly net profit) ranges from Ksh. 13000 to Ksh.18000.
I use this profits to cater for my basic needs and also support my junior siblings at both primary and secondary level.

Loan Proposal

I will use this loan to buy one more blender at $14 and also add stock (fruits) to expand my business. The current demand is huge and more of my products.with these extra blender i will be able to serve more customer and also save on time . i will also be able to pay my assistant who assists me during my class hours during some time..with these loan as an increase to my capital i will be able to increase my net profit by 10 to 15%.

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