Add stock for my shoes shop

Entrepreneur

About Me

i was born in Kibera,in a family of four children's being second born.i attended Silanga primary school,from class one up class eight,i did well my class eight exam and proceeded to high school at st john secondary.i lost my dad through bad road accident when i was in form one third term and my elder sister in form two.my dad was everything to me and my education,i was left with my mum who was almost blind{sight problem}.i dropped out of school in order to look after my mother and young brother,since my elder sister got married after she dropped out of school.i had to wake up daily ,go to industrial area for casual laborer in order to cater needs of my late fathers family.While hustling with life,i met long time friend{Philiph Okoth}who had been doing business of selling second hand shoes
[mutumba},he introduced,trained and lend me with $50 .i started same business of selling second hand shoes for the ladies and kids.a short period of time my stated doing well.Kibira is one of the largest slum in the world,there is a lot of poverty in Kibira.people are united,cooperative and Gods fearing.i would wish my children to be God fearing,industrious and giving back to the society.i really like interacting ,making friends as well as exchanging business ideas.

My Business

I do sale men and kids second hand shoes.Kibera is one of the largest slum in the world,characterized by high densely population and poverty due low income earners,residents prefers second hand shoes since is cheaper than brand new ones.i grew interest in shoes selling due to its high demand in the area,i insensitively researched on the business and my capital of $50 could only accommodate and run shoe selling business effectively.weekly i do incur cost of
$60 on stock increment and get back $30 profits.the profit i get i do pay rent,pay school fee of my young brothers and my child as well as looking after my mother.

Loan Proposal

the loan injection will enable me offer best and satisfying services to my esteemed customer.i will use $40 on bringing new goods in the market.$20 will be used on buying gumboot remaining $20 on jumpers this is due to high demand of the products since we experience heavy rainfall and cold weather in this season.the other $20 on increasing old stock of ladies and kids shoes,
.this will double my profit by$30 weekly hence enabling me cater needs of my family,paying school fee of my two brothers as well as paying back my loan on weekly basis successfully.

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Loan Info