I will use this loan to acquire more stock for my business

Entrepreneur

About Me

My name is Laban Kemboi. I hold a bachelors degree in Business Management. I am a father of two and we live in the Outskirts of Nairobi City(Kawangware) to get to this place one will board a bus No. 46 from the city Centre and alight at a Stage called "Coast". I am currently employed(Permenently
) by a company in Nairobi Kenya . I decided to start a business in order to generate more income to suppliment my earnings. The earnings from the business are used to pay for bills and also invest further.

My Business

My business entails selling of Groceries within the place that i live. My products are on demand since Fruits and vegetable are normally consumed on daily basis hence there is a steady and regular market for my products .My ability to repay the loan is Quaranteed by my Current Job together with the profits am currently making from the business. My business is doing well since i treat my customers well and provide quality service and goods at an affordable price.
For this case i would like to state that i will be using my salary to repay the loan as and when granted since i earn a monthly salary regularly and this will augur well with the monthly repayments.

Loan Proposal

With this loan i will buy more stock (fruits and vegetables) for the business this will increase my capital hence will have a larger stock to work with which will translate to an increase in revenue and ultimately Profit. I need this support since my budget is currently tight and am unable to raise additional capital using my current income earnings.

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