Rice and maize for grocery shop

Entrepreneur

About Me

I am edwin owuor studied in upcountry from primary to secondary and joined mombasa polytechnic in the year 2001 till 2003 for diploma in accountancy thereafter i started running cereals shop at bombolulu but it went due to financing challenges and inexperience.I started running a shop again through challenges though through challenges untill now

My Business

I operate a retail shop where i sell goods that customers use on a day today like sugar,rice,maize flour etc which are o demand daily basis.I gotten used to selling fast goods from cereals shop and a more faster moving goods,i buy goods worth shs 5000 on a daily basis and sell between shs 6500 to 7000.I re invest most of it in business but there is need to expand the working capital to make more profits,i wanna buy a popcorn maker so as to diversify the business and make even more income

Loan Proposal

I will buy stocks like sugar,rice,maize flour as drought has affected them greatly and demand is high,they stable food here therefore the demand is high and the profits are good.I would like to increase amount the of stocks especially of maize flour coz its scarce the government has to import maize so when there delays in delivery the situation gets worse.

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Loan Info

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