Adding stock to my mtumba store

Entrepreneur

About Me

I am mercy limo aged 22 years old. I live in kapsoit estate in Kericho west County. I started my mutumba business in the year 2013.I stared it because I saw a high demand in mutumba cloths since the budget was lowered in our country. Mutumba cloths, anyone can acquire it at a very cheap price,it does not matter whether someone is rich or poor. The bearings from my mutumba business I will use them to add more stock which am planning to go for them in Nairobi. I will also employ another party to assist me sell them since we shall be moving from one market to the other. I will save some to pay my bills and school fees for my younger sibling who is in class eight right now.So the profits also i will use to pay my fees for my per time course since my parents are no more am an orphan and all is not good with my relativies who have grabed all our properties left by our parents.So i will save some for my per time courses.

My Business

I sell mutumba cloths at kericho town next to the main stage opposite ukwala supermarket. Kericho is a fast growing town hence there is high population leading to less creation of jobs. This leads to low standards of living amongst the people.So many people will prefer wearing mutumba cloths and shoes since all are relatively cheap. This business generates between USD 200 to USD 250 per month which I normally use to add stock to my business. I would like to eradicate the stiff competition by acquiring a zidisha loan which will help me increase my stock and open other stalls for my mutumba clothes.

Loan Proposal

Having received the loan i will use the money to add stock to my mtumba store.I will use USD 60 to purchase tanktops which go for USD 1 each and sell them for USD 2.I expect much profits from them since they are fast moving.I will also buy USD 20 worth of blouses. and use USD 10 to cover for transport costs.This time i choose a different variety of clothes from the ones i have been selling so as to attract new customers with a different taste.It will also help my customers to have a wider range of clothes to choose from.With this am expecting my profits to increase even further.
I therefore take this opportunity to appeal to lenders to please fund me inorder for me to achieve this.I will really appreciate if i am funded.

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