Stocking my bussines to increase the sales & returns

Entrepreneur

About Me

I was born and brought up in voi town in a family of two brothers and one sister. I went to voi primary school, later joined Darajani secondary school for my `O` level education.After completing my secondary education i started working as a non-skilled casual labour at any construction site i would get an opportunity to work since i didnt have enough capital to continue with my studies.i worked for one years and found another job in kenya neat garment(e.p.z). i saved money so that my dream would come true and i started my own business with my savings.i like socializing and reading

My Business

My business entails buying of household product at whole sell to retail prices. I sell home utensils,plastic stands,plastic basins,buckets,chairs,small mattress and school bags.Most people home uses plastic tools eg chairs,basin so there is large number of order for the goods each day.i choose this business due to availability of ready market and easy access of the selling materials and new products from mombasa city also because of the upcoming factories which is enabling many people access the goods.i pay tax, license for the business and also i pay land rent.I use the profit in adding more products, educating my children and helping my parent at home

Loan Proposal

If i receive the loan i will purchase new commodities like the sisal woven baskets at a cost of $59 which are in demand due to the ban of plastic paper bag, i will also increase the current stock that is plastic chairs I'll use $97, $15 for door marts, $20 for cooking utensils, $18 for cooking stoves ,$21 rechargeable lanterns & $69 I'll purchase small affordable solar panels . this in turn will increase my sales.

the benefits to me is that i will be able to increase my sales and profits that will assist me to pay school fees and help my parents, i will also be able to employ one person and pay him at the end of the month.

my profits will increase from 65% to 90%

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Loan Info

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