Loan to finance my retail shop

Entrepreneur

About Me

I am 37 old kenyan from busia county,Samia sub county,Nanguba location,Bujwanga sub location,Budenge village. I am a third born in a seven children family.I went to Namasali primary school. St Paul's Amukura high school, and then Makerere university where i studied Mass communication.I am currently working as afield officer at Innovations for poverty action as afield officer.due to life challanges i decided to start a retail shop to increase my income.

My Business

i run a retail shop just next to where i stay. it is doing well,thanks to the availability of customers.i sell mainly foodstuff including bread,sugar,milk,salt and other foodstuffs .in a month i get revenue of 3000 dollars and a profit 500 dollars.i really love my shop and sometimes when i am free i spend sometime serving my customers.most of the time my business is attended to by my spouse and i feel this gives her employment something that is very rare to find in my locality.

Loan Proposal

I plan to use this loan to buy 5 crates of sodas at a price of 4 dollars per crate.I will then resale this crate at 5 dollars. This will translate into an extra profit of 20 dollars in a month.This will help in expanding my business hence helping my family members

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Loan Info

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