Milk and soda for my shop

Manasses

Nairobi, Kenya

16% repaid

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How it Works

Entrepreneur

Name

Manasses

Member since

March 2015

On-time repayments

60 installments • 0%

About Me

I was a hardworking boy going to day primary school ad was a distance from home. I made it and joined secondary as well as an Engineering course in Electrical. After not able to secure a well paying job i decided to start a small shop from my savings, which due to lack of enough capital it took time before i make to the point am in.I still face challeges and i have skills but hard to execute.Am a kikuyu where business is at our fingertips. I have nice family of two kids.My older one wants to be a secretary and need to surpport her.
I need to improve my business level. I have tried all my best to See if I can be able to stock fully cope with the demand.

My Business

I sell household items like detergents bread material,milk, sugar etc
These items are highly demaded for people must feed.
I choose the business for it has a good flow and profiting.
I pay business house rent,taxes and other incurred expenses.
The income i get is ment to cater for my bills like school fees, family basic needs etc.
I make an income of approximately 200 Dollars per week, that is about kshs 10,000 Upward which can translate to 400-500$ per month.

Loan Proposal

I will introduce sodas of different sizes and milk as well as packed water.
For soda I will buy both 300ml and 500ml which costs 6$ and 10$ dollars per crate. I will fetch 12$ & 20$ per crate hence a double profit if only I buy in large scale. For milk its 1$ per crate profit . This will increase my profit margin by 18$ per every stock. Hence improve my income.