Loan to buy more stock of beddings for sale

Entrepreneur

About Me

My names are sarah munengi Guchu.iam 24 years old, born in muranga county,Kandara subcounty, Ngurweini location.That is about 60kilometers from Nairobi.i am the last born in a family of 7. That is 4 boys and 3 girls. After finishing my secondary school education i was not able to join college due to lack of fees. I have tried all sorts of job and am happy that regardless of the circumstances i have been able to stand. After working in different jobs and finally as a shop attendant i mananged to save some cash which i used to establish my own shop in nyambari limuru subcounty in kiambu county about 100 kilometers from my home and just about 40 kilometers from nairobi town where i deal with household goods, cosmetics, and i also offer mpesa services.

My Business

I started my business two years ago. My business entails household goods which i import from Tororo Uganda. I import quality blankets and bedcovers which are on demand due to the best quality. One blanket cost 1500ksh at Tororo and i sell at 3500. This means if i sell one blanket i get a profit of 2000ksh minus transport of 200ksh.the same case applies to bedcovers.i also have some cosmetic goods in my shop where i also offer mpesa services, I believe if i can get more financial support i can be able to reach more customers and maximize my sales and this way i can get more profit profit.

Loan Proposal

Having been in this business for two years i can say the returns are good since it has enabled me to establish an mpesa agent and it is doing so good. with my first loan from zidisha i will add 4 more bedcovers and 3 more blankets each at a cost of 1700 ksh including transport cost. after selling these goods , i intend to get a profit of 1800 ksh per piece that means a total profit of 12600 and i can manage to sell them within 4 weeks. i will use the profits to repay back the loan and re invest the rest of the cash again.

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