New mobile phone accessories

Entrepreneur

About Me

My name is Erick Maroko. I come from a family of six children whereby i am the eldest. i ventured into entrepreneurship after my high school and work as a phone spare parts and accessories salesperson.I decided to ventureinto world of business my dream of proceeding with my career in college after my form four exam was cut short by poor financial background in our family despite the fact that i passed well. i have been trying to use most of my profits to buy new stock especially casings and mobile device batteries which have always been in demand. i love reading a lot, and my friends sometimes make these jokes how my head is always buried in old books. i do follow news on tv frequently and browse the net. i intend to contribute to the progress of my community and establish myself as a dedicated businessperson and thereafter enroll in a college to raise my level of my education and help my younger siblings.

My Business

i normally travel to uptown to purchase mobile phone accessories and spare parts including memory cards, casings, chips,screens and batteries and/or complete mobile phones which i then resell to the rural people at affordable prices. it helps because my business has been associated to an history off dedication and taking of customer's need into account a thing that has been favoring in the competitive market. in a month i can hit a sales revenue of up to 100USD before spending around 40USD in bills and transportation. i always use most of the profits to add new stock. i intend to use this time loan to expand my business by putting up another branch in my local area, so as to fully cater for the customers needs and to reduce customer distance. this time round i intend to open another branch due to high demand of these accessories in my locality this requires around 300$ to start it. i strongly believe that this lone is gonna help me so much on the same.

Loan Proposal

When i'll get this loan it will boost my business a great deal. It will help me to raise my stock of mobile casing which has a high demand an it will take $30. Also i'll add some mobile electronic chips of about $20. This loan will help my business to grow and will catalyse my intension to open another branch and also to join college and win a daily bread for my family members. After the sell of all these purchases i greatly expect to register a profit of $15 and this will help to expand my business.

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