Loan to restock my shop: flour, rice, soap, spaghetti, milk

Entrepreneur

About Me

I am a 23 year old female Kenyan citizen. I hold a Diploma in Customer Service and Business Administration.
I am the first born in a family of two girls.
I live with my younger sister in Buru Buru Phase 1, which is my own home. My sister is in the University of Nairobi pursuing a degree in Business Administration.
I started my own business after clearing my education. Since we had shops, it was easy for me and I just took one and stocked it with a loan from my parents which I'm proud to have fully repaid successfully and now on my own in the business.
My profile picture shows my business.
I deal with basic households which range from food stuff, cutlery, snacks.
I have employed two employees on contract basis which lasts for a year, then I renew it depending on one's performance.

My Business

Nancy's shop is located in Nairobi's Buru Buru area in Phase 1. Having started its operations in December 2012, I deal with basic household goods which include food stuff like cooking oil, tissue papers, sodas, sugar, snacks, cutlery, maize and wheat flour, among others.
There is demand for my goods since I stock high quality products at a cheap and affordable price. To top to that, my employees and I always ensure we meet our customers needs not just through sales but offering a personalized touch in our business. This has worked to our advantage ensuring that we are at the top of our competitors.
The business is profitable in that we always get to achieve our goals, sustain our lives comfortably, pay bills and education and most importantly sustain the business itself and its growth is steady since consumer products move fast and consistently.
I make a good earning out of the business since through it I have managed to cater for my sister's education and mine as well without affecting the business at all.

Loan Proposal

I will use the loan granted by Zidisha lenders in the following criteria:
Ksh. 5000 (approximately $58.1616) will purchase 5 bales of wheat flour which is in high demand now, during this festive season.
Ksh. 2500 (approximately $29.0808) will purchase a sack of pishori rice, which is a high quality rice product here in Kenya.
Ksh. 5000(approximately $58.1616) will purchase each commodity a dozen of : tissue papers, soaps, 5 litre of juice, spaghetti, 1 litre milk sachets.
Ksh. 2000 (approximately $23.2647) will be used to purchase five 5 litre of cooking oil - these are best because they are cholesterol free and make sales here.
Through this loan, I will be in a position to add stock which will impact positively by increasing the profit margins hence making my shop grow even in size.
Please accept my proposal.

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