I am the first born in a family of seven. My father died in the year 1991 and left us while we were still young. We had to face a harsh living style with my mother, who was also a peasant farmer. I struggled to complete my O-level education to acquire a little knowledge on how to operate a small business on my own to help our family. When I completed my schooling, I faced a challenge of capital to help me start my business, since I had little skill in business management. I started fishing to get some income and again help my mother raise up my siblings.
After that, I started by first getting a small shop where I would be able to display my products, which I started by first selling our own eggs from home that I got from the hens that we rear. Thereby I got some finance to add my stock by bringing different products like bananas and onions, among other consumable goods, that have maintained my shop up to date.
My business can now help our family, however little it is, and my siblings are moving ahead in their education and have different expectations when they grow up. My hobby is reading novels, more so the ones that talk of entrepreneurship that made me have interest in operating a business.
My business was started in the year 2014 and I started a shop for eggs, which I obtained from the hens we rear back at home. Due to demand that was rising, I thereby borrowed some funds from a friend to expand the business, since there was high demand for the product but I faced a challenge of low supply due to inadequate capital. Being that I deal with food products, especially the ones that are in daily demand, I increased the stock by introducing the sales of bananas, onions, and maize, among others, because my customers demanded them.
The goods I sell are cheaper in price and affordable to low-income earners who stay in my locality, and again it saves time in terms of preparation for faster meals. For example, one egg goes at a cost of $0.12, likewise to bananas among others. You find out that, at the end of the day, one uses less than $1 to manage a meal for the day. So I found it affordable for my customers. I purchase one crate of eggs at a cost of $2.12 and sell it a cost of $3, making a profit of $0.88, but I purchase around 10 crates. So after two days I am making a profit of $7.86. A sack of banana goes at a cost of $2.20 and sell it at $3.50.
At the end of the day, I make a good profit that can maintain the business and take care of our family. Through the loan that I received, I expanded my business to greater heights, thereby creating more opportunities for other products. I ventured into sales of cereals, adding another stock into my business. I sell maize, beans, and peas, among other consumable products. I also now want to introduce the sale of milk due to the demand from my customers, who frequently ask about the product. Thereby I am posting my application to be assisted with the amount requested to purchase a milk ATM to bring this dream come true.
the loan will facilitate renting of the premise used for the erection of the milk ATM machine which will go for Ksh.7500, the purchase of a milk tank that will be used to store the milk sold by the milk ATM machine already bought will go for Ksh.10000. Vendors who will supply me with milk 100litres for a start I will payKsh.10000, transportation at a cost Ksh.2500, equipments used for themeasurement and package of milk for the customers at a cost of Ksh.2000, cash that will be used for maintainance and any emergencies in the running of the business will be Ksh.2000. The rest will be used to support my previous sales of green grocery. Upon doing all this my customers who are unable to purchase packed milk due to price will be able to get milk according to their pocket because I will be selling to them for as low as Ksh.10 onwards. This will ensure my customers live a better lifestyle and full of energy to keep them imrove economy of the nation. I f my business run successful without any hindrance I am ale to raise a profit of upto Ksh.10000 per month following the amount of milk used for a start.
To purchase milk and a milk tank for my milk ATM machine
I am the first born in a family of seven. My father died in the year 1991 and left us while we were still young. We had to face a harsh living style with my mother, who was also a peasant farmer. I struggled to complete my O-level education to acquire a little knowledge on how to operate a small business on my own to help our family. When I completed my schooling, I faced a challenge of capital to help me start my business, since I had little skill in business management. I started fishing to get some income and again help my mother raise up my siblings.
After that, I started by first getting a small shop where I would be able to display my products, which I started by first selling our own eggs from home that I got from the hens that we rear. Thereby I got some finance to add my stock by bringing different products like bananas and onions, among other consumable goods, that have maintained my shop up to date.
My business can now help our family, however little it is, and my siblings are moving ahead in their education and have different expectations when they grow up. My hobby is reading novels, more so the ones that talk of entrepreneurship that made me have interest in operating a business.
My business was started in the year 2014 and I started a shop for eggs, which I obtained from the hens we rear back at home. Due to demand that was rising, I thereby borrowed some funds from a friend to expand the business, since there was high demand for the product but I faced a challenge of low supply due to inadequate capital. Being that I deal with food products, especially the ones that are in daily demand, I increased the stock by introducing the sales of bananas, onions, and maize, among others, because my customers demanded them.
The goods I sell are cheaper in price and affordable to low-income earners who stay in my locality, and again it saves time in terms of preparation for faster meals. For example, one egg goes at a cost of $0.12, likewise to bananas among others. You find out that, at the end of the day, one uses less than $1 to manage a meal for the day. So I found it affordable for my customers. I purchase one crate of eggs at a cost of $2.12 and sell it a cost of $3, making a profit of $0.88, but I purchase around 10 crates. So after two days I am making a profit of $7.86. A sack of banana goes at a cost of $2.20 and sell it at $3.50.
At the end of the day, I make a good profit that can maintain the business and take care of our family. Through the loan that I received, I expanded my business to greater heights, thereby creating more opportunities for other products. I ventured into sales of cereals, adding another stock into my business. I sell maize, beans, and peas, among other consumable products. I also now want to introduce the sale of milk due to the demand from my customers, who frequently ask about the product. Thereby I am posting my application to be assisted with the amount requested to purchase a milk ATM to bring this dream come true.
the loan will facilitate renting of the premise used for the erection of the milk ATM machine which will go for Ksh.7500, the purchase of a milk tank that will be used to store the milk sold by the milk ATM machine already bought will go for Ksh.10000. Vendors who will supply me with milk 100litres for a start I will payKsh.10000, transportation at a cost Ksh.2500, equipments used for themeasurement and package of milk for the customers at a cost of Ksh.2000, cash that will be used for maintainance and any emergencies in the running of the business will be Ksh.2000. The rest will be used to support my previous sales of green grocery. Upon doing all this my customers who are unable to purchase packed milk due to price will be able to get milk according to their pocket because I will be selling to them for as low as Ksh.10 onwards. This will ensure my customers live a better lifestyle and full of energy to keep them imrove economy of the nation. I f my business run successful without any hindrance I am ale to raise a profit of upto Ksh.10000 per month following the amount of milk used for a start.