Polythene bags shop

Entrepreneur

About Me

i was born in 1989,now 25yrs,i am married to one wife and blessed with a child having successful completed my high and joined college to further my studies to comply with my career as business manager,just one year after completing my studies i became so idle enough which gave an option to start my own small business,the business has really helped especially with my family.this has also given me an opportunity to venture into my scouting as it is my hobby thus enjoying my life as a youth

My Business

The only source of income is through my small business which is promising in repaying of my loan,my shop is mainly for polythene bags and household goods due to this then my business is in high demand for more becouse i would want to expand my business by adding my stock so as to reduce competition where customers refer to my shop becouse i can offer transport for bulky buying,the business itself is profitable becouse i have minimum competition compared to the risks that i have like loss of customers to lack of proper communication,my monthly costs is 100us Dollars and my profit is approximately 80us Dollars.

Loan Proposal

If I get this loan it will be of great achievement to me since I am going to boost my stock so as to increase in my profitability as well, am going to use it as follows: use 20 dollars to repair my motorbike to easy supply of goods,30 dollars to boost my business and 20 dollars to expand my shop. Though I will have deficit of 20 dollars this will boost my business to get money to do the rest of the things like expanding shop and other things.

Feedback

Loan Info

Lenders