A bail of second hand shoes

Entrepreneur

About Me

My names are Adan Shariff, I live in Nairobi County in kahawa west estate. I am a widower my wife passed on 4 years ago. I have 2 kids whom I have devoted my life to because am all they have now.
Due to depression after losing my wife I lost my jobs and things really got tough, but since I had a little savings and help from my family and friends I was able to start a small business that has really played a big role to ensure the well being of my kids.

My Business

I have a small shop where I sell lady stuff. The items I sell range from shoes, handbags, earrings, necklaces, underwears and bras. I choose this business because of the way lady stuff move first.
I have done this business for almost two and half years. The profit I make depends on how many stuff I sell in that particular month.
in a good month I can make upto KES 30000 and my lowest month I can make at least KES 20000.
I use this profit to settle bills at home pay my kids fees and provide any of their requirements.
I would wish to increase the stocks and also add more products that way I can have a wider range of products for my clients.

Loan Proposal

i deal with shoe mostly lady shoes and kids shoe and other ladies accessories like earrings, necklaces and bracelets . this loan am applying for i will use it to get a bail of second hand lady shoes, most customers prefer this to new shoes, since they are quality and last longer because of the material. a bail will cost me 300 dollars and in the bail i will get 100 pairs, i will sort them and sell them according to their quality. the price will rand from kes 700 to kes 300. this will give me a estimated profit of 150 to 200 dollars .
i hope you will fund my loan and help me get the bail. thanks in advance dear lenders.

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