To add more stock of goods at my shop

Entrepreneur

About Me

My full names are Raphael Chuphi Nguta. a first born to my farther Mr,Nguta Nyamawi who passed away in the year 2006. Am a class eight dropout from Mariakani primary school. I did passed my exams well but because of poverty in my family i could not go to secondary school. I started to look for employment and i was empoled as a butcher man in 1976. i worked there until 1984, where i resigned as started a retail shop at my home area in Mariakani. I married my beloved wife Kadzo Chuphi in the year 1979. we are now a family of ten people. The first born is a girl and is married, the second is a boy and is married too. The third is a boy and is working with a security agency. My fourth is now in collage doing mechanic engineering course. Four are in high school and my last born is in class eight next year. In 1987 while on my business i went to a crusade in our area and i was converted to Christ and got saved. I began to worship God in the spirit and in truth untill 1999 i got a call to serve God and i started a church at my home town called Madzimbani. Then in 2002 i shifted my business and family to Mtwapa and there i again the business. It has been doing well only because of the great needs of my family on their daily bread i need help to make my business grow so that i can effectively meet my family needs.I can say it's a good and profitable business because i make a monthly earning of ksh 35,000. After all expenses i remain with ksh 15,000 which i use for food for my family and all the other family needs. I use ksh 3,000 on family food and ksh 5,000 on school fees. i save the ,rest ksh 7,000. and which i can use to pay my loan.

My Business

My business is a retail shop. in my shop i sell all house hold goods like maize flour, cereals and all foodstuffs. I do this business in my own plot. I build a house which i use for my family and also i do my business there. It's situated just along the the road so it's easy for my customers to see the shop. I live in a high populated area, Mtwapa, a very fast growing town in the Kenyan coast. My customers are basically my neighbors and are always there. Am happy to have come up with this business because i dont have to find for customers they find you! Wth the high population here in mtwapa i can say that mtwapa is a bisiness town and my business is doing good. My profit depends on the sales so when the sales are high i get more profit. In a good month i get a minmum profit of ksh 15,000 which i use for my family needs. i use ksh 8,000 on my family expenditure and save ksh 7,000 every month. My hopes are to add more stock to my shop and expand my shop to a wholesale. Am hereby requesting this loan in order to expand my business so that i can meet my family needs.

Loan Proposal

my main proposal for this loan is to have this loan and use it in my shop by buying different types of food items like sugar rice maize corns cocking oil and paraffin. this will help me sell more to my clients and of course it will raise my daily income profit to my business. i intend to buy these foo stuff to my shop because they are on daily demand here. we as African we eat a lot of beans and wheat flour.

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