To purchase six dozens of cups

Entrepreneur

About Me

Was born in Western Province of Kenya in a Sirisia Village on 15th October, 1995.
I started my primary education at age 6 years in 2001 a school known as Malakisi Muslim Primary School. I sat for my Kenya Certificate of Primary Education in 2009.
In the year 2010, I joined Tamulega Secondary School and sat for my Kenya Certificate of Secondary Education in 2013.
Later in 2014 to date, I joined African Institute of Research And Development Studies to take a Business management course.

My Business

I started my business in September 2016. The main product I sell is Shoes for both men and women and house hold utensils in Bungoma town. I chose this kind of business because it requires little capital to start and the demand of those products is high.
I manage to make sales of KSH 3,000 ($30) per day. The revenue I earn is KSH 800 ($8) per day.
I use the profit I earn to meet my life expenses such as paying rent, purchase food stuff and clothes.
I also manage to save KSH. 200 for my college school fees

Loan Proposal

I will use the money to purchase six dozens of Cups.
One dozen of cups costs KES 360 ($3.6) six will cost me KES 2,160 ($21.6).
Six dozen will take four weeks to sell and a dozen goes at KES 600 ($6). This means that I will be making a profit of KES 240 ($2.4) per dozen. At the end of the month from the six dozens, I will have realized a total profit of KES 1,440 ($14.4).
This profit will help me pay for my house rent of KES 1,500 ($15) for the month of February 2018.

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