New motorbike for my school items distribution service

Entrepreneur

About Me

My name is George Odhiambo Dulo, i was born in lodiani of the then Nakuru town in kenya, we later moved to Eldoret where i grew up, i attended uasin gishu primary school and later kandie primary school, i later joined Ambira high school for my secondary school education .i started doing business immediately after that,to help raise money for my university education ,thats how i ended up in my current business of supplying consumer goods in wholesale to shops and other outlets. i also have a poultry farm and hatchery.my hobby is singing which iam slowly turning into a business.

My Business

I deal with the supply of consumer goods such as school stationeries such as biro pens ,pencils books,household goods of all kinds soaps dertergents tea leaves e.t.c,
these goods are used everyday in our homes and hence they are needed everyday.
I like these kind of business because i sell the goods in bulk and i also make my profit on the spot
I bring in the goods in bulk and my working capital is now ksh 100000 which i intend to improve the expenses are few as i only need to fuel my motorcycle and the cost of eating lunch only, the revenues are nice as i am able to make over ksh 2000 daily and am able to save at least ksh 1000 per day.
i use my profits to improve the business and pay for my university education.
I also run a hatchery and a poultry farm dealing mainly in chickens.

Loan Proposal

Dear lenders , i will use the money to buy a new motorbike to help in my business, i had an old one but i have sold it due to frequent breakdowns, so with the money you will lend me , i will add to the the proceeds i got from the sale of my old motorbike and my little savings to acquire a new motorbike at a price of $900 ( ksh 89999).This will enable me to be more efficient in my distribution of pens , writing books , reading books,sanitary items and grocery items to my customers who in return will sell them to school going children and their parents, so that they will not lack this items at any moment. I expect to save more time due to lack of breakdowns and i will be able to concentrate more on my business, my profits will automatically rise by 20% and i will use the money to help other jobless youths train in my kind of business.Thank you in advance as you plan to lend me ,thank you.

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Loan Info

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