Loan to increase inventory

Entrepreneur

About Me

my names are evans mokaya asuma, am from a family of five i being the first born.i sat for my primary exam in the year 2006 later i joined my secondary level in the year 2007and winded up in the year 2010.i worked in a chinise company for one year which helpep me with some cash that helped me start the business am in now.am having one daughter whom i would like her to become a nurse as well as i grow up in my business.

My Business

Hy zidisha team I would like to take this moment to say thanks to you and the team at large.I would like to say that zidisha has really changed not only my life but also the standard of living am in Now.I would like to apply the next loan to start an M-pesa business which has not only grown up in the country but also overseas.This is simply due to the large no. Of students and the residents who live within the Kenyatta university where I situated .due to the small capital that have as a float and some few cash is not allowing me to make a large profit which at the end of the mont I receive 15000.I hope and trust that your loan will boost the business at large and there fore make double the profit which wiil make me pay the loan in good time as the previous.surely of the people who have benefited from zidisha am the luckiest of all thanks and God bless you hope to hear from you soon.thanks alot

Loan Proposal

This loan will be used to increase inventory in my shop in order to meet the growing demand which has surpassed the supply over the recent past.
I envisage that an increase in stock will impact positively on my revenue and profit thereof. Revenue will increase by about 70 percent, this will lead to a profit increase by about 25 percent.

The requested loan will be spent as follow:
25kg of sugar@ ksh 2500
20litres of cooking oil@ ksh. 2300
maize flour@ ksh. 1100
total ksh. 5900.

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