Entrepreneur

About Me

Am Phylis a mother of three kids and a business woman dealing with handcrafts,i started this business after working for 4 years in a restaurant that i had been employed to immediately after high school.I operate from a makeshift outside my place where i live in Githurai,Its been a very lucrative business for i have also managed to train over 70 people on the same at a fee.I make customized carpets,fluffy mats,serviette boxes and bead work.Through this work i have also been able to pay all my bills including school fees for my children with ease.

My Business

On a regular month am able to get $ 550 in profit since i work alone i don't have salaries to pay except myself.But as i grow i need to hire more workforce to ensure i have enough finished products for clients who need ready made, unlike most of the clients who do order for customized goods according to their preference which they pay for a commitment fee making it less risky.With the loan i will buy more materials for the business like the beads,yarn,crotchets and tapestry mats.I will also be able to pay the loan without fail through this business.

Loan Proposal

With the loan it will help me expand profitability in my business by adding more raw materials to make the mats and the bead work,also will be able to create at least one more job vacancy by getting someone to help make the mats at the same time offer the knowledge to the individual.I will be able to increase the ready made products thus making it easier for clients who don't want customized products.

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