32 installments • 41%
I'm self employed,After I completed my secondary education level I decided to think of a business idea,and I borrowed funds from my family and friends,and other fund from my own savings and I came up with a business which grows at increasing rate.
I'm in university level,I do part time work(business),I do my best to keep myself in school and also to make sure I eat and fund my education.
I generate my income from leasing of my goods,and also support from my parents and revenue from my own bsusiness.I get almost 10k per month.I buy products from wholesalers and I resell...
I always venture in different business all to make sure I'm getting enough Profit.I bake cakes and sell them around densely populated areas and also fresh Juice like Mango and passion which I make them by myself.
I would use the funds to purchase more stock for my business,increase the inventory supply into my business
Since the business is growing at very high rate I need the fund to buy the stock in order to meet my demands and not to
loose the new customers coming in.
When I increase the inventory the business will and I’ll be able to plough back the profit I generate from it.
And by increasing the inventory it will help me gain more profit from the business.
Pay It Forward
Oct 11, 2022
Cost to entrepreneur
Service fee: $0.99
Pay It Forward contribution: $2.98