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Entrepreneur

About Me

I’m Onchiri James from the large Onchiri family. currently I reside and do business in Nakuru with a small grocery business and a small dairy handling and selling 100 liters a day. I'd like to extend both business to boost me economically thus seeking a financial support to boost me in realizing my financial goals. Being a graduate in commerce from a local university, I know what it takes to manage a business and expand it to realize the full potential of the support I receive. what drove me into the business is because I identified an untapped gap that I want to exploit it fully. That has employed me instead of the white collar jobs. The funds that I get from the business, I use them to internally expand the business and also to pay the rent for the dairy room and also conform with the local municipality rules. currently, the income is increasing due to more customers. Also the grocery has picked well generating about sh500 per day as profit. This has made me expand the business so as to reach the target of about sh 1000 per day or even more. The loan I’m seeking will also help me use the other untapped business gaps

My Business

At my rural farm,i'm a farmer growing both the 6 month crops and three month crops like cabbages.the dairy for milk provides a better opportunity to repay back the loan.
in addition,the dairy that is currently handling some 100-200 litres is able to supplement the funds for repayment. The fruit grocery also is able to give me some 400 shilling s on top .this is after deducting the funds that i use in the purchase of the fruits and the payment of the municipality charges.in addition i also at weekends join and write online essays on the Upwork writing.this in addition gives me an extra of 5000-7000 according to the work and the amount of proposals given out

Loan Proposal

The now expanded grocery is hungry given the absolute dry spell which had left a lot of the farms dry. The hot weather here in Nakuru is depleting the small stocks I have. This needs more vegetables and fruits to be available to meet the customer needs.
I need also to get iron sheet roof instead of these polythene just to improve the customer perception of the business. At least these will bring more customers as per the preference.
The dry spell equally has made the availability of milk to be quite low. The price is equally high and these reduce the volume of milk. The demand has outstretched the supply as the weather has done!
The profit is in a medium term increase because of demand. The variance of weather pattern will determine the profit trend but will keep on maintaining a rise.

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