KEVO PHONE ACCESSORIES BUSINESS.

First and foremost I will advice Kevo to minimize impulse buying to reduce the monthly expenses of his business. -Monthly sales 30,000/= -Monthly Expenses 25,200/= -Monthly Profit 4,800/= If Kevo borrowed JIINUE BIZ LOAN of 20,000/= it means he will pay 20k plus 0.83% interest,which means KEVO will pay TOTAL JIINUE LOAN 20,166/=. -After receiving loan ,kevo will re-stock his business with 20k from loan. -Now the sales will increase to 50,000/ from the initial 30,000/ -Profit will add up to 7980/ -Exepenses 42,020/. It means in the next 3months Kevo will be ables to save profit (7980×3months)= 23,940/= this will allow him repay LOAN of 20,166 and keep on with stable sales of 50,000/= plus balance after loan repayment of 3774/= 53,774. Kevo is good to go with his business and can apply for for more JIINUE BIZ LOAN .