88 installments • 18%
1 am Lydia Wambui Muchemi and reside at Bahati Nakuru. I am married with one child called Maina whom I love very much and work very hard to be able to give him a good life
Currently I am in business involving selling of stationeries where I buy printing papers from Nairobi capital city and sell them in both Nakuru town and Bahati town. Each printing paper package sells at Ksh 270 at whole sale and retails at Ksh 350. I buy about 100 reams making about Ksh 8000 per week. The market is good especially during the festive seasons when I diversify the type of papers that I sell so as to cater for the production of success cards, wedding cards, greeting cards and others. I intend to increase my stock to take advantage of the current exam season for the success cards and later the greeting cards for the festive season ahead. Also increased stock cautions me from the fluctuating prices of papers so that I can make more profit. I also sell books (both exercise and text books) to students especially at the start of the school terms. This is especially at the start of a new year. I therefore intend to increase my stock for the books ready for the New Year 2011
the loan will be used to diversify my business so that i can be amiddle man in the selling of bricks from the nearby quarry. the men do not like waiting for long to make enough to fill a lorry. they sell to the middle men at a whole sale price who later retail it to those who build. the profit is good especially if one has enough money to purchase a lot of bricks. one makes about 30% profit of the money invested per sale. the more the money the sooner one accumulates enough to sell and the sooner the profit made.
Dec 1, 2011