Household supplies

Entrepreneur

About Me

I
am a Kenyan aged 29, the first born in the family of seven. I have a
diploma in social work from a public institution. During my college days
i encountered difficulties in the payment of college fee and so in my
first year i decided to venture in the firewood selling business and by
doing so i was able to offset my school balances and continued with this
business till today. The business earnings helps me to pay for the
premise, my residential rent, my younger sisters' school fees and my
personal up-keep. I have since the start of 2017 introduced an iniative of me,my family members and friends visiting and giving back to the community some percentage of my earnings to kids in my local children homes.

My Business

I
am in firewood selling industry whereby i have done this business for
Four years now. I earn my regular incomes from the selling of firewood charcoal and energy saving jikos
to households and schools. There is a great demand for my product
because am a licensed business person, the working hours is 12 hours
giving me an advantage over my competitors and am situated where the first aglance of a premise is my shop. The reason why these products are in great demand is because most of the residents are a mix of middle class and below the poverty level, so this is what a majority can afford. The reason behind me doing this business is to provide for the locals the products and services the would otherwise be walking miles miles looking for and another reason is to enable me and my family have something on the table and finally growth and sustainability. My business is profitable because it is
easy to access and the quality of my firewood is superior than of my
competitors. The threats i face is heavy rainfall and transportation of
the firewood from interior places. My typical monthly costs include:rent
is 37dollars,stock is 185 dollars,sales is 303 and my profits are 272
dollars. The profits I make from the business I use them on making additional stocks to my current one,my personal upkeep,meeting my family needs,educating my younger sister and giving back to the community in the form of donating to the children s' home in my locality. Kindly
consider lending me this cash to fulfill my desired goal in life.

Loan Proposal

for the cash that i am requesting you to assist me with, i am intending to use it in adding my firewood stock, the remaining will aid me in starting up a supportive small charcoal business to boost my income as each an every day comes up with its challenges. so by doing so i will be in a better position to provide for my young sister's school fees. i have done a market study in the locality am operating and found that not only business is at demand but also the charcoal business and therefore i made a decision to include that in my already existing business.thank you zidisha for making life better

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