Loan to fund my retail shops

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 intend to use the loan to buy extra stocks for my retail shop. I will buy two crates of eggs at1.5 dollars each and resale at 2 dollars, hence making a profit of 1dollars,I will use the remaining 2dollar to buy 2 packets of sweets at 1 dollar each, I will resale each at 1.75 dollars.In total I will make an extra profit of 3 dollars every week in my business

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