Stock of maize and beans for retail

Entrepreneur

About Me

Am a married woman to a military man working with Kenyan Defence Force. I live in Lanet Nakuru County; lanet is located eight kilometers outskirts of Nakuru town. Am graduate teacher from Moi University in Eldoret, I pursued bachelor of Education in mathematics and economics.currently am working at shiner’s girls high school Nakuru, as mathematics teachervisible from Nairobi/Nakuru highway. I have two year old child. I attend African Inland Churches of Kenya, located in Lanet near. I participate in Community building in the area such as tree planting, assisting the needy and encouraging programmes for the girl child. Being a business woman has been my career choice, it has benefited me so much; I have been able to buy a piece of land in lanet from my business returns

My Business

I have been operating a cereal shop for the last five years. I started these type of business because of ever increasing demand of maize, beans, sorghum, millet green grams rice and many others. Nakuru has a very high population which gives me a very effective demand. I chose the products due to its great availability. In the area I do not have high competition and the existing competitors I have an advantage over them, I buy my cereals during harvesting when the price is very low, dry them properly to maintain high quality and treat them with pesticides to avoid piercing by weevils. I sell my products at a very friendly price which keeps on attracting more and more customers. My business does not face any risks because these products are the staple food for the whole community. In a month I incur approximately kes 150,000 inclusive of costs of buying the cereals, labour cost, rent and other miscellaneous expenses; from the cost of sales I am able to make amonthly revenue of kes 240,000 with a profit margin of kes 80,000

Loan Proposal

thank you for extending me more credit to fund my business, I will use my loan as an additional loan to purchase more stock of cereals especially during these April holiday where I do enjoy a very high and effective demand. my business is dong very well, I recently I was given a tender to be supplying maize and beans every Saturday.

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