I shall invest my loan in business and that shall help me to repay on time without fail.... it's my prayer that i shall...

Entrepreneur

About Me

Am Mary Kibui Ng’ang’a and a resident of Naivasha Estate that is 90 kilometers from Nairobi City, and in Nakuru County. l am married with two sons who are in primary school level. l am a business lady , I choosed this field after graduating from the high school level and I was not able to join any college at that time. This has enabled me to learn a lot about the sector to be able to fit and accommodate my life and family well. My first business was a dairy shop that I started with the saving that I was given by my mother and little that I had saved. l used to do well since at my area there were no shop of the like and that enabled me to save and added another service of selling mineral water since Naivasha has been known one of the towns with salty water. My income is to provide for my family as well as re-invest back to the business.

My Business

My business is located along the Kenyatta street of Naivasha town. I deal with the livestock products (Milk & Eggs) as well as mineral water, and currently I have managed to add an M-pesa Shop. To minimize on my expenses l buy my stock direct from the farmers & Water Company as they are cheaper instead of buying from the middle-men (Brokers as referred by many). l sell the products at a profit margin of 15% which enables me to make Kshs 25,000-30,000 as net profit after deducting business expenses such as rent, electricity and many other revenues that are taxed.
Since there is lot of competition here in Naivasha l make sure that my prices are less from my competitors and that enables me to sell more and affordable to my customers. At times l do arrange on how delivery are made at home and offices for my customers who are out of town and who buy large quantities for sale.

Loan Proposal

I already have some capital that I will add on to the loan that you will give me in order to purchase a new asset that I will use to generate income which will be used to repay the loan.
I will use this loan to add capital in my business and I expect my profits to grow at 25-30% and I shall be in a position to repay my loan on time. Giving an example of how I raise my profits … 1 litre of Milk about at 40 and retailing at 60 respectively… and 1 litre of water buying at 25 and selling at 50 Kshs .. due to the lack of competitors especially in this field of water .. am planning to invest more to it.

Doing my calculation well I shall be able to save and purchase a motorbike for the sales delivery to client .. my urge to Lenders is to help me attain my dreams of being financially stable.. in order to create employment in our Nation.

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