School books and pens for my distribution service

George

Mbwa Kali Estate,in Rongo Town Of Migori County, Kenya

100% repaid

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How it Works

Entrepreneur

Name

George

Member since

September 2014

On-time repayments

170 installments • 78%

About Me

My name is George Odhiambo Dulo, i was born in lodiani of the then Nakuru town in kenya, we later moved to Eldoret where i grew up, i attended uasin gishu primary school and later kandie primary school, i later joined Ambira high school for my secondary school education .i started doing business immediately after that,to help raise money for my university education ,thats how i ended up in my current business of supplying consumer goods in wholesale to shops and other outlets. i also have a poultry farm and hatchery.my hobby is singing which iam slowly turning into a business.

My Business

I deal with the supply of consumer goods such as school stationeries such as biro pens ,pencils books,household goods of all kinds soaps dertergents tea leaves e.t.c,
these goods are used everyday in our homes and hence they are needed everyday.
I like these kind of business because i sell the goods in bulk and i also make my profit on the spot
I bring in the goods in bulk and my working capital is now ksh 100000 which i intend to improve the expenses are few as i only need to fuel my motorcycle and the cost of eating lunch only, the revenues are nice as i am able to make over ksh 2000 daily and am able to save at least ksh 1000 per day.
i use my profits to improve the business and pay for my university education.
I also run a hatchery and a poultry farm dealing mainly in chickens.

Loan Proposal

Thank you lenders for the previous loan.It improved my business. I want improve my business by adding school stationery to it , the schools have just reopened for the second term and there is high demand for books , pens and pencils, i want to add writing books worth $90 ,writing pens and Biro pens worth $40 ,pencils worth $70. This will help me meet the needs of my customers who really want this products now, and at the same time i will be able to improve my profits and therefore improve the business and my life in general. Am projecting my profits to improve by 10% if i make this purchases. THANK YOU IN ADVANCE AS YOU PLAN TO LEND ME.