Purchase of stock

Entrepreneur

About Me

I am a small scale business lady who runs a small shop in my village. I am a single mother of two and the shop is my only source of income. I completed my high school studies but was unable to proceed to college. However i have been able to undertake a tertiary course in hair and beauty. I look forward to becoming a successful business lady through my current project; my shop.

My Business

I run a small retail shop in my village where i sell everyday household commodities. These include foodstuffs such as bread, buns, milk, sugar, rice; hygiene products such as soaps, body oils, washing powders; i have recently introduced baby products like diapers and baby oils. My is located deep in the village; away from the shopping centre and main road and is therefore a great relief to quick shoppers. I am then able to generate an income of about Kes 7000 ($70) in a month out of which Kes 3000 ($30) is net profit. I am looking to expand my product range to include groceries: vegetables such as Kales, cabbage, potatoes, onions and tomatoes; cereals like green grams and beans.

Loan Proposal

I have noticed that in my village/area of operation, there has been an increase in the number of mothers preferring diapers over the traditional napkins. I have therefore resorted to include this item in my list of inventories. The item has a promise of respectable profit and i wish to be of help to these mothers by providing the much needed diapers just next door to them. However, I do not currently have sufficient funds to buy the diapers in bulk. The loan amount requested will go a long way in helping my course

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Loan Info

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