Purchase of 540 fencing posts

Entrepreneur

About Me

I am an entrepreneur, with interest in the transport industry for over 5 years now. I own a fleet of vehicles which are involved in public transport in Nairobi Kenya as well as transportation of goods from various locations to the Kenyan capital.

My Business

I own a fleet of vehicles which are involved in public transport in Nairobi Kenya as well as transportation of goods from various locations to the Kenyan capital. My income comes from payments from the businesses I engage in as stated above.

Loan Proposal

I will use the loan to purchase 530 Fencing posts at 150 Kenya shillings for each post. I will then transport the post to Nairobi and sell them at 220 shillings per post. This will see me make a profit of 37100, Kenya shillings and incur expenses as tabulated below;
Buy 530 posts @150 =79,500/=
Sell 630 posts @220 =111,600/=
Projected returns -------;37,100/=
Less Transport costs --15,000/=
Less Miscellaneous-----5,000/=
Projected Profit-----------17,100/=

Feedback

Loan Info