Purchase of stock

Entrepreneur

About Me

I grew from a humble background as a rural Boy going the normal chores of herding cattle, sheep and goats for my father.
My father was a farmer and through that he raised me through attending a local village secondary school.
Through handwork at school in my final year at O' level . i was the best with a good grade eventually.
Unfortunately, my father and mother passed on a year after my form 4 and this again became a setback in my life as i had to struggle again looking for odds jobs to make ends meet through the Tertiary education at college levels.
Through Gods' grace i have been able to complete my graduate degree and some professional courses.
Despite my level of education, i have not been able to get myself a job despite numerous job applications and several interviews, after going through the cycle repeatedly i decided to start my own business and employ myself as well as other people who have been unlucky as i was and hence to create employment

My Business

A friend of mine who works with an NGO gave me a call once and asked me if i wanted to get some money since at that time i was jobless and he knew my condition, i then agreed and he proposed to me a business idea that they usually get supplied with office stationery(books, files, pens, envelops etc) by a certain supplier who had gone abroad at that time and since they needed immediate supply, they could not wait and hence had to source for other alternatives, so he recommended that i register a business name and send them an LPO with detailed information on the stationery i was to supply. After i did that i was able to supply them and thereby realized some profit since i get the stationery from wholesalers who sale at very cheap prices when i buy in bulk and i end up selling them at a price lower than market price so that my clients wouldn't opt for other options since they are also quality.
Since then i decided to enter into the business, i went to numerous offices and has been able to get quite a number of customers and so far i can be able to pay for my upkeep which used to be so difficult.
Most of the profits i get i usually re-invest in the business since most of my clients pay after delivery or even after 30 days and i have to meet their demands all the time in order to maintain them.
The demand for my supplies has fully grown with numerous client wanting to be supplied just in time with the product and since then i have the urge to increase my finances so that i would meet the timely need.

Loan Proposal

Thanks to the zidisha family my small business has really grown and now i have just won a tender to supply office stationery to a firm for a whole year after which the contract is renewable, i would therefore like to apply for a loan so that i can deliver the supplies on time as agreed without any failure in order to maintain this client as i also continue with other customers. This will help me deliver all the stationery as ordered promptly to gain client confidence and also to be reliable to my clients, this loan will really help me achieve a lot for my business. Thanks in advance

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