More stock and float (cash) for my mpesa shop

Entrepreneur

About Me

Am Beth Nyambura Ndungu, was born in Muranga county, Kariuki sublimation. Am the fourth born in a family of seven. My parents were not well up and most of their income came from farming which wasn't much promising. Went to Mairungi primary school, and later Kamahuha girl's secondary school. Later I did a certificate in End at St. Claire college in Nairobi. After looking for a job without success for more than 2years. I decided to start a business of selling rice, soft drinks and bottled water.

My Business

I run a business in Tena estate, along Moi drive. The business entails sale of rice, soft drinks and bottled water. I decided to do this business because I felt that people must consume food, and also it fell within my budget. Have been doing this for the past 7 years and the business hasn't been doing very well owing to the expenses involved. These include paying the shop rent, utility bills, other operating costs like local authority permit and also I've to assist my husband with some domestic expenses. I am considering expanding my scope, and stock more cereals, have been doing this for the past 7 years and the business hasn't been doing very well owing to the expenses involved. These include paying the shop rent, utility bills, other operating costs like local authority permit and also I've to assist my husband with some domestic expenses. If the number of customers who ask whether am selling other cereals is anything to go by. I foresee a boost in business and this will relatively increase my profit. Though this requires a bit of more capital, this is the reason am requesting for a loan.

Loan Proposal

Once again I would like to thank you for your support. Now having a cereal shop that is in a strategic place am now selling bottled water n soft drinks. I decided to start an mpesa (mpesa is money transfer from mobile phone it's the fastest and easy since almost everybody own a phone .It is the most commonly used here in Kenya. Now what am proposing a loan to buy more cereal stock that will cost me about 400$, and float for my mpesa about 655 us dollars. Total amounting to 1255$. With that money it will boast my business hence more intrest. When a customer for example come to buy cereal they will still withdraw from my mpesa meaning I will benefit from both sides.

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