When i receive this loan, i will use it to advance my stocks. i will add safaricom lines to my already existing stocks o...

Entrepreneur

About Me

I am a 4th year undergraduate student taking a bachelor's degree in computer science. I started a small scale business to fund partly my school fees, personal requirements and basic needs. I intend to expand my business when I get increased capital and this will help me build my future besides my career.I tape the business i am operating when i realised its potentiality and also it was more profitable. I am serving a large market composed of many young people who are students. The demand of my products are high. I am determined to employ more workers to help me run the business efficiently.

My Business

My source of income is my personal business. This will basically fund my loan repayment.
The business entails eggs, safaricom scratch cards and safaricom bundles.
There is a high demand for eggs from the locals which makes my business viable. The students in the university have internet enabled mobile phones hence they buy bundles(subsidised) for surfing the internet and making calls.
My customers prefer my business because I deliver goods efficiently and when they need them.
Monthly cost...ksh.1500.
sales revenue...ksh.15000.
profit...ksh.10000

Loan Proposal

When I receive this loan, Intend to advance my stocks by using 5000 to purchase Safaricom Lines. I will use the rest to increase the already existing stocks:eggs; Safaricom Scratch Cards; Safaricom Bundles.
Eggs=10000.
Safaricom Scratch Cards=5000
Safaricom Bundles=5000.
By increasing stocks, I'll be a partial supplier of eggs to the small scale sellers in the neighbourhood and there will be an increased customer base. As a result, there will be increased sales and ultimately higher profits.
I promise to pay the loan in full and in time.GOD BLESS YOU!

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