Isma deals in the sale of all kinds of animal feeds. He wants to acquire a second loan in order to purchase more bags of feeds. This will boost his sales as well as his monthly turnover.
Isma would like to acquire a second loan from MYC4. He sells animal feeds in both wholesale and retail. Using a loan of 400 Euros that he got from MYC4, he purchased more stock and expanded the premises of his business. This widened his client base and improved his sales hence boosting the profitability of his business.
Isma would like to invest in the expansion of his business but he has insufficient capital. He therefore wants another loan to buy more bags of feeds. This will place him in a comfortable position to serve more clients. He believes that his monthly turnover will increase by 19%, 6 months after receipt of the loan.
Please refer to the micro opportunity link under resources.
Bid Amount: 5.00
Interest Rate: 5.00 %
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