Money for food retail and restocking

Entrepreneur

About Me

am sam mukubi a zambian citizen, born in the year 1989 and am a last born in a family of 2. i started school in the year 1995 at St patricks basic school in choma southern province of Zambia and later did my high school at choma day high school in the year 2004. growing up was a bit difficult on the aspect of school because i went to a day school so most of my important goals were archieved through my own hard work, currently am doing a distance program with Zambia institute of chatterd accountant (ZICA).

My Business

Am an enterprenuer who deals in fast consumable goods like daily needs such as groceries and home conmsuption goods. There are useful and on a demand because there are daily needs ina community. I have been doing this business for the past two years and the main reason as to why i chose this business is because i saw the need to serve the community and also it is profitable. The cost is marely on rentals and payements of worker's salaries. The profit that i generate is always re-invested and the suplus is served and at times the profit is used in home improvement and school fees.

Loan Proposal

The money will be used for restocking in my food retail shop, since i arleady have a running business of my own. The products in the shop include everyday food stuff consumption like sugar which costs about $20, cooking oil, $15 and other products such as mealie meal $50. The benifits to me is that my income levels will in the sense that i will be able to finance my projects, send my child to school, pay my bills at home and provide salaries for the workers who will be helping me in the runninig of the business. To the customers and the community, they will be able to do a one stop shop. My profit magine can increase from K1 500 to K2 000 (zambian kwacha).

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