Entrepreneur

About Me

As I have stated, am a resident of nakuru town. I live here with my wife and three children. I eke a living by selling fruits. I started by being employed to sell bananas on a wheelbarrow. I would push the wheelbarrow to prime areas like matatu terminals, outside the supermarkets and at the free parks. Then I started to buy bananas on my own at wakulima market popularly kwnown as soko at wholesale prices. I would then go and hawk them at retail prices and make some profit. Initially municipal council askaris were hostile and I would part with something small to be allowed to trade. Eventually I saw that they were eating my profits and thats why I started my own temporary store (kibanda) from where I sell fruits to walk in customers. The money I get I use it to feed my family, pay house rent, municipal charges and educate my children.

My Business

Thank you lenders for giving me a chance to empower myself economically. I sell fresh fruits at my kibanda (small kiosk) to walk in customers. Fruits business is very risky because fruits are perishable and so I have to be very meticulous when sourcing for my products. I go for the quality fruits and this makes my customers prefer my business and also refer others. The business is profitable with enough quality stock and proper storage methods. I make around five to seven hundred shillings daily profit. I I pay municipal charges, house rent, school fees and keep the rest for my savings. Given the loan I plan to use the funds to purchase more stock and increase revenue.

Loan Proposal

Thank you lenders for giving me a chance to empower myself economically. I sell fresh fruits at my kibanda (small kiosk) to walk in customers. Fruits business is very risky because fruits are perishable and so I have to be very meticulous when sourcing for my products. I go for the quality fruits and this makes my customers prefer my business and also refer others. The business is profitable with enough quality stock and proper storage methods. With the first loan I managed to add more stock and net more customers thus driving my sales volume up. I have also managed to aggressively market my business and this has significantly promoted my business. With the second loan, I plan to expand the business by supplying fresh fruits to other vendors.

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