Inventory boosting

James

Thika, Kenya

100% repaid

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How it Works

Entrepreneur

Name

James

Member since

October 2016

On-time repayments

67 installments • 82%

About Me

I'm a young ambitious,smart & hard-working.Never giving up person, but most importantly always thankful for the gift of salvation.
My passion for business was developed & nurtured when I was in high school when I used to run school canteen as a Christian union treasury with a 2000 kshs capital upto 20000 kshs within 1 term only as it was my final year.I have been employed in supermarket as a cashier,in wholesale shops,until I stated my own business upto date.

My Business

Ido my best to save,to cut on un-necessary cost & to maximise on my sales as much as possible to actualize my ambitious goals in life for mutual benefit of all.

I have a small shop where I sell variety of goods like confectioners,detergents,stationary,drinks among others.

My biggest challenge so far is capital to supply my many customers all they want.

Loan Proposal

First of all my apologies for cancelling the previous loan request prematurely,some inevitable circumstances forced me to do it,also i have reduced the amount requested as I have covered half of my budget,but everything is okay now.
As i have explained earlier,this loan will help me in boosting my stocks in the shop,for instance biscuits about $50,chocolates,confectionery totalling about $50.
I also intend to add on my stationary for back to school,like exercise books,rules,erasers,geometrical sets among other items totalling about $70.
Hopefully I also need a fridge for my dear customers to quench their thirsty during extremely hot seasons,beside increasing variety of softdrink like delmonte Kenya products as they are popular here in Thika-Kenya,costing about $150.
Deficit will be catered for by ploughing back my profits in restocking my business. This will increase my sales & hence profits by more than $80,which I will use to grow my business & a bit of it to assist the less fortunate in our local church & society as my c.s.r. based on my ability.
All this will definitely retain & attract more customers.In the very near future once I clear to pay a piece of land i'm buying to plant trees for commercial purposes beside having a shop,and all this will necessitate employing more unemployed Kenyans for mutual benefits.
Happy,prosperous new year.
Thanks & God bless...