To buy sugar and baking flour

Entrepreneur

About Me

I am a hardworking businesswoman, second born in a family of six children. My mother passed away in 2012 and left us with father only. My mother too was a hardworking woman who brought us up in Christianity and taught us farming among other activities around. After completing my form 4 education, I was employed in Miti mingi Primary School where i taught lower classes. Besides helping my father raise my younger siblings, I also managed to save some money which I used to start a business of buying and selling maize and beans. later, I was able to start a small retail shop with the support from my father and some savings of Kshs. 36000 in January last year 2013. It has picked up slowly due to both family support and small stock. but it is growing. during my free time, i like walking to see nature and to read inspirational books.

My Business

my business involves buying and selling retail products such as sugar, rice, floor, cooking fat, tea leaves, and other basic household items. Due to the fact that the money I get from the business I reinvest in newer products or items, it is difficult to determine net profit per time. However, I started with capital of 48000 and I have lately calculated stock value which is about 105000. Therefore, my business is growing and I can confidently say that. A loan would help me further because I will be able to bring more amounts per items for sale which will definitely lead to customer trust. I can confidently say that I will be able to repay any loan I may be given by Zidisha.

Loan Proposal

I am very happy to have completed the first loan with zidisha. My current loan application of $300 will help me to buy enough stock of sugar and baking flour for December. During the month of December, it is difficult o satisfy customers with small stock of these commodities that go fast. There is great demand because this month is locally taken as a month of celebrations with many important holidays such as Jamhuri Day, Christmas, Boxing Day and New Year. This loan will greatly help me to satisfy my customers as I will be able to add 3 bags of sugar at Kshs 5000 each and seven dozens of baking flour at Kshs 15000 each. December is a peak month and I am sure I will be able to make good profit and I will be able to repay this loan. Thanks to all zidisha lenders and I wish to request them to help me with this loan.

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