Open new shop/store for biomass briquettes

Entrepreneur

About Me

I am Evans Mose, Married and have 2 sons. I live Nairobi Saika - Omega along Kangundo road.
I am born again Christian with strong regular standing and member of Njiru FGCK.
I manufacturer Briquettes and Briquette Making Machines.
I intend to increase my production so that demand for Briquettes use in Nairobi residents increase and so cut costs of fuel usage in households hence save for other uses.
My Mission is to promote sustainable human development and preserve our environment through the integration of technology innovation and management.

My Business

My business is about Briquette making and Briquette making machines. This is a business that has potential to grow given the high costs of procuring fuel for low income earners in Nairobi residents.
I receive overwhelming demand from Briquette users each day but capacity to produce is limited.
Our briquettes are cheap and smokeless, burn for long hours, they are carbon free. More often those who have used them before come for more. They cut costs of purchasing paraffin that most people use for cooking and also discourage use of Charcoal from wood that often cost our environment in terms of deforestation and as well have alot of carbon in them.
With briquettes, you no longer need to use wood as fuel.
Our biomass briquettes are currently being used by families and communities in over 5 Estates in Nairobi and we intend to make them available in major supermarkets, nationwide. In other places, our briquettes are sold in the open market as a less expensive alternative to fuelwood. Briquette projects provide employment , especially to women, while saving the environment

Loan Proposal

After successfully repaying my past two loans which helped me grow production x 4, i need to open a new store in another Estate where i have created a royal base of customers. This will reduce cost of transporting to them and make Briquettes conveniently available for them.
Here is my Budget:
1. Monthly rent deposit = 8,000 KES
2. 3 Months' deposit = 24,000 KES
3. Electricity deposit = 2,500 KES
4. Wheelbarrow = 3,750 KES
TOTAL BUDGET = 38,250 KES.
Repayment will be from the sale of Briquettes that increased x4 since i bought Briquetting Machine.

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