Rice & maize lour grocery

Entrepreneur

About Me

My name is Mr. Janes Samua from Kenya, i was born a long the lake victoria region. Having grown up as an orphan since i was 9 years old with single parent. I studied from primary to secondary with support from my single parent and later joined the middle college course as self sponsored student where i use to go finish and pay my school fees. I did all what i could and completed my middle college and joined the fish purchasing industry where i could get some little finances to support my siblings to complete their education.

My Business

My Business involved purchasing of Animal feeds and supply of cereals in different parts with the community i live.
In this area of my residence the major population are Poultry and Diary farmers which i have seen as the great market for Animal feeds. Due to the fact that the land is very small and cropping farming cant be done in large scale this also presented me another opportunity of selling cereals. The digital marketing is the greatest method i use for marketing my where a bulk sms are being send through my laptop to mobile phone numbers to inform the client the availability of products and cost effectiveness.
My cost of revenue is Ksh 120,000 and my profit margin is 25%, the profit is used to pay school fees for my children and also supporting two need children who are staying with me, this use 10% of my profit and 5% is used for my up keep while the other 10% is used to improve the business.

Loan Proposal

The loan will be used to add more sacks for the storage if maize.
1- Sacks will cost = $ 4
2-Maize will cost = $ 800
The profit will be used to support my daughters school fees and the other two orphans am supporting in school as well improve my livelihood.
I will get 10% profit of the total purchase cost

Feedback

Loan Info

Lenders