Purchase bulk cereals for my food store

Entrepreneur

About Me

I am a last born in our family. Studied up to A level & did a course in business admin. in college. My first few days wasn't so rosy in terms of job seeking. Since I was in school, I longed to have my own business. My first working experience was to do a sales and marketing job which I managed to Save
and start my own business. My achievement is that I managed to have my own food store. What's good here is that I can be able to manage my time and resources for my success.

My Business

My business is a food store. I deal with selling of cereals. This items have a high demand because every person needs food to servive. My typical costs is kshs 15000 to 20000 ($ 147-191)a.month.with an average monthly income of 50000 ($ 477). I use the proceeds in Reinvestment in growing up the business, paying up school fees for my children and meeting other household demands like house rent and water bills.

Loan Proposal

With this loan i will be able to add stocks for cereals worth $ 492, and the remaining $ 68 I will use in the transportation of the goods since i will buy in bulk.
Am looking forward for good result to be able to open another branch as it is my objective. My expectations for profit margin is between 25 to 30 % increment.

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Loan Info

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