Milling maize to sell in my shop

Simon

Kianjoya Village, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Simon

Member since

April 2013

On-time repayments

171 installments • 72%

About Me

I am a small-scale retailer and a part-time teacher at Mugaa Secondary School. I sell basic household things such as sugar, flour, salt, tea, etc. My business on average generates KShs 5,000 ($48 USD) in profit. I wish to expand the business so that it generates more profit to support my family. I get my stock from Nakuru town. We run this business with my wife, who attends to customers when I am teaching. My goal is to have a large shop so that I satisfy my customers and support my family.

During my free time, I like travelling and visiting places, listening to music, and watching movies. I have attended and completed college, but I have not yet gotten a meaningful job because there are few jobs in Kenya.

My Business

My shop is located in Kianjoya Shopping Centre, just adjacent to Kianjoya Primary School. I combine my small salary from teaching and the profit I generate from the business to support both my family and my younger siblings. My parents are old and rely on me and my other elder sister, who is married and lives far away. So I do not really manage to save a lot, but if I get a loan, I believe I will increase the stock so that I can get more profit to support my family accordingly. The more I expand the business, the more customers I will get and retain. I want my business to be stable and growing. In the future, I hope I can expand the business to even become a wholesaler.

Loan Proposal

I would like to apply for a loan to purchase more stock for my retail business. Due to the ongoing drought in the area, flour has become a fast-moving commodity in the businesses in the area. I would therefore wish to increase the stock by buying more maize from neighbouring counties, milling it, and then selling it to my customers. The amount so required is approximately US $400. Below is a breakdown of the expenses involved.

100 bags of maize for US $250
Milling costs US $100
Transport costs US $50

With your loan together with the little savings I have, I believe I will do my business successfully. Thanks in advance.

Show original English

About Me

I am a small scale retailer and a part time teacher at Mugaa Secondary School. I sell basic household things such as sugar, floor, salt, tea, etc. My business on average generates Kshs 5,000 profit. I wish to expand the business so that it generates more profit to support my family. I get my stock from Nakuru town. We run this business with my wife who attends to customers when I am teaching. My goal is to have a large shop so that I satisfy my customers and support my family. During my free time, I like travelling and visiting places , listening to music, and watching movies. I have attended college and completed but i have not yet gotten a meaningful job because there are few jobs in Kenya.

My Business

My shop is located in Kianjoya Shopping Centre just adjacent to Kianjoya Primary School. I combine my small salary from teaching job and the profit i generate from the business to support both my family and my younger siblings. My parents are old and rely on me and my other elder sister who is married far away. So i do not really manage to save a lot but if I get a loan, I believe I will increase the stock so that I can get more profit to support my family accordingly. The more I expand the business the more customer I will get and retain. I want my business to be stable and growing. in future, I hope I can expand the business to even become a wholesaler.

Loan Proposal

I would like to apply for a loan to purchase more stock for my retail business. Due to the ongoing drought in the area, flour has become a fast moving commodity in the businesses in the area. I would therefore wish to increase the stock by buying more maize from neighbourng counties, milling it and then selling it to my customers. The amount so reqiured is approximately US $ 400. Below is a breakdown of the expenses involved.
100 bags of maize for US $ 250
Milling costs US $ 100
Transport costs US $ 50
With your loan together with the little savings I have I believe I will do my business sucessfully. Thanks in advance.