Sugar, maize flour & rice for my mini supermarket

Entrepreneur

About Me

Thank you for this wonderful opportunity.
I am a middle aged man and a family man. Having been born and brought up in up country by my parents am a first born of four. Just like any other child I was taken to school where I went through primary and secondary education. While going to school, I used to help my parents with domestic activities. My parent practiced mixed farming and I helped in rearing cattle at home. I was a helpful to my parents in bringing food to the table. The cash crop that involved coffee and tea helped us to pay school fees and other expenses. After completing the secondary school I joined a college and pursued a business course. In my career of business management, I did not succeed to secure a job even in the government or private sector. I opted to do manual job while staying with my uncle in town. I later started helping my uncle in his shop business where I got exposed to doing business. Later on my uncle moved to a new house and instead I offered to buy him the shop. My parents helped me to start the business that has thrived to a level of a mini supermarket. This is how I managed to start my own business and overcame all the odd to be a self employed and loving it. What is unique about the land I live is that people do help one another to grow socially. I would like my children to be well educated and grow healthy morally and socially. My unique hobby is visiting and helping orphans and destitute children and watching foot ball.
Thank you.

My Business

Thank you.
My business is purely selling products like food stuffs like maize & wheat flour, Rice, Bread, Milk, e.t.c, hygienic products like soaps, pampers Tissue papers, e.t.c, and many other general shop items. These goods are always on high since they are food stuffs like Maize floor is a stable food in my country making it an all time on demand. Others are supplement like rice wheat floor e.t.c.Life is about many things and hygiene goods become on demand. So I purely stock much of basic life needs that must be bought at any cost. I decided to choose this business simply because I am experienced businessman dealing with shop products and general goods. This is besides being a profession I love the job and it gives me a livelihood. My expenses are cost of buying the stock of almost every item that is fast moving for my daily customers, so cost of buying stock is one among others like rent electricity transport and security. My profit always goes towards reinvesting, meeting my family needs helping my parents and the needy and the locals.
Thank you.

Loan Proposal

Well, when I get the loan, I will buy the fast moving goods. These are the items that are asked and bought every day and give me the highest profit daily.
I will buy Rice at a cost of $26.00,
Also on the list will be Sugar at $45.00.
Most importantly will be Maize flour at $27.50.
Now with the addition of the most fast moving goods my customers will never find any item out of the stock and they will be always coming expecting everything to be available. I therefore project my profit to increase predominantly from the current earnings of $40.00 to $70.00 per day. This will be very possible according to my previous daily sales. This will be a wonderful thing that will happen to my business as I focus to make it a full supermarket in future.
Thank you.

Feedback

Loan Info

Lenders