Loan to increase vegetable stock

Entrepreneur

About Me

I am third born in a family of three.
I grown up in very poor family where by i was able to to school up to primary level due to lack of school fees.
This gave me a challenge to work hard from my shopkeeping job to overcome this poverty from my family.
From my saving i was able to start my green grocery since human being are in need of these items for their everyday use.
As my business expand, i will be able to support my family
I like traveling,making new friends,reading bible and listening to gospel music

My Business

My business entails selling of vegetables such as sukumawiki,tomatoes,onions and all types of greens.I acquire them from farmers from rural areas at a competitive price and i then bring them to town
I decided to venture into this business due to growing demand of these items in day to day human being consumption of which they cannot avoid.
My typical costs includes:- water $10
electricity $11
Rent $40
salary and wages$50
I make a revenue of $30 daily and out of this $10 is profit
Most of my profit is re-invested in the business

Loan Proposal

Given the loan , i will buy sukuma wiki worth$22.53,onions $15,tomatoes $15 and transport of $4.
This will increase the cash inflow into the business and hence revenue will go up by $10 and profit by $3.3 daily.
With this i will be able to expand my business by dealing with more type of vegetables and fruits and set aside $30 every month to assist my family to boost there standard of living.

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Loan Info

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