Addition of more clothes for sale

Entrepreneur

About Me

I was brought up in a low income family, went to school upto O level but was unable to proceed to college due to lack of school fees. I started engaging with charity work/volunteer work in my local church where I gained some experience that brought the idea of business. I proposed the idea to my sister who lent me 10,000.00 to start with.
I have three children in school who have big ambitions. And I could like to nature their talents by working hard to pay their school fees.

My Business

I do selling of new clothes and mitumba clothes in Kapsabet market plus the surrounding centres.
I chose this business because it looked lucrative and fast moving
The major costs in this business are county taxes/taxes that we pay in a daily basis. On a good day I can make sales of between 6000 and 10,000.00 KES reflecting to a profit of between 1000 to 2000 KES.
I use my profits to pay house rent, daily upkeep for my family and school fees for my children.
Thank you

Loan Proposal

With more funds I look forward to purchasing more camera clothes to sell. With this money I can add around 8 new women's dresses of 4.8USD, totaling to 38.4USD. It will translate to sales of of at least 5TH. This will help me have a new variety for my customers and hence more profits. Thus improving my livelihood in paying my house rent, school fees for my children, and also daily upkeep of my family.
Thank you.

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Loan Info

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