Entrepreneur

About Me

I am married with seven childrens who is in school. I live in Kabazi shopping center which is about 35 km from Nakuru town along Nakuru-subukia highway. I live in plot number 104 at Kabazi shopping center but I operate my business in Nakuru town . My occupation is a canteen an shop, also I am also a member of Bahati self help group, I have a general knowledge.

My Business

MY BUSSINESS IS A CANTEEN AND A SHOP
I have a shop and canteen in Nakuru town, which is located opposite pinkam house at 3NS travelers. I started my business in the year 2006 after the stage started operating. They is a lot of demand of the product such as soda because of more passengers increasing day by day also the stage is located in strategic position thus making it more popular,
In the stage there is few shop and canteen along these area thus I will able to catch more customer. The business will be profitable because the product I will get from our nearby town (Nakuru) and the mean of transport is good and I will sell the quality product at favorable cost. I wanted to purchase refrigerator to meet the demand of my customer. The risk facing the business is theft due to insecurity during the night.
My typical monthly cost is khs 100000, sale revenue is around ksh 40000 and profit is above 50000 but I am planning to earning more.

Loan Proposal

I want to use my loan to expand my canteen and make it a retail shop. The carrying capacity of the canteen shop is small and thus I would like to use the loan to buy more goods and add them in my business. I do have the space in which I can expand the business on but I do lack the funds to do this. It will therefore be a great thing for me once I get the loan to do this for the better improvement of my business.

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