Stock my small hardware store

Entrepreneur

About Me

I am Peter Mwaura. I was born in Nakuru county but later re-located to Mombasa where I run a small scale business. I am married to one wife with two children - a girl aged 9 years and a boy aged 5 years and they are both in school. My wife is not in formal employement and I am the sole bread winner of the family.
I live in a rented house and I do business in Mombasa town which is about 8 kilometers away where I use public transport to get there. I am a hardworking person and I believe I can take my business to even greater height if given the much needed credit from Zidisha.

I promise to use the money wisely and for the purpose of expanding my business only.

My Business

My business entails selling small quantities of hardware materials namely, plumbing materials, chains, nails etc. I normally source my supplies from wholesalers but I also deal with second hand materials. My monthly income after all the expenses is an average of $200.00. My desire is to increase my stock to include electrical materials so as to boost my income. The demand for this materials is very high in Mombasa due to the rapid expansion of the city. My main handicap is finances to expand my small business.

I therefore appeal to lenders to assist me raise this amount so as to realize my dream.

Loan Proposal

I do my business in Mombasa town where I sell general hardware and plumbing materials. I am looking for money to help me stock paint which is in high demand during this season since the local authority requires that all buildings be painted by the end of April. This is an opportunity I don't want to lose and I will be able to recover the money very fast after the sale of the paint.

With this money - $150, I will be able to buy 500 litres of paint and then resell it at a profit. This venture will net not less than $40 and considering that I will be able to sell it within one month, it is a very viable project.

I kindly request you to fund this cause.

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