Rice for my retail shop

Entrepreneur

About Me

My childhood and education memories is one thing I can never forget.
I was brought up in a polygamous family, as a twentieth born child. My father was old and he passed on when I was in class 5. My mother did not have a formal job as she was illiterate. She spent her life doing small scale farming in my father's small land. She would sell the surplus supply in the market to meet other basic needs.
My mother was left with a big burden to bring up and educate her ten children. At a young age I would help her sell in the market to raise my fees and buy uniform.
I would also clean my elder brothers clothes to earn some money.
I passed well in my primary education and admitted to secondary school. I was always in and out of school due to school fees and started dropping in my grades. This made me join my mum business of selling chang'aa " local brew" to raise more money but my grades were still not improving due to luck of space to study and do home work.
None of my brothers or sister listened to my cry to be enrolled in a boarding school.
I dropped out at form three after being sent home for luck of KES 150/- to buy school diary. I stayed at home for three weeks, very depressed and annoyed wondering why no one was out to help.
I moved out of my mothers house and started living with a boy who had also dropped out of school at form two, and was now a fruit vendor.
I managed to enroll in college and started working until I started my own business of importing cars from japan.
We later divorced with my husband and I am now a single mother of two boys and two girls.

My Business

I import affordable used vehicles and sell locally in nairobi and mombasa. Iam a general insurance agent for UAP insurance and Jubilee insurance.
Recently I opened a small retail shop in my village Kangemi slum.

Loan Proposal

With USD 60 I'm able to buy local rice at a price of USD 1.2 per kilogram and sell at 1.5 per kilogram. This translates to a profit of usd15 after resale of entire new stock of 50kilograms.
This profit will help me buy more stock and also save some for fees.

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