Inventory of used clothes and shoes for my shop

Entrepreneur

About Me

My names are Mercy Chebet. I am a permanent resident of Chepkosa village, in Bomet. I am married and we are blessed with three children. I completed my secondary education in 2013. After looking for a job in vain, I decided to venture into business of selling new and second hand clothes. Later as the business grew I introduced shoe wares. The proceed income from my business is put back to the business and the rest is used to support the daily expenses of my house hold.

My Business

My business deals with the new and second hand clothes, shoes wares. There is demand for these goods especially the second hand clothes due to the government regulation of the cotton industry. The demand is also due to my competitive price to the customers. Customers prefer my business because of the ideal strategic location of the business. I am polite and courteous ant that is the reason customers prefer my business. The business is profitable because I am able to add stocks and I can see it grow each and every month and now especially after joining ZIDISHA org. My monthly cost of sales is > Kshs 40,000.00. Total Monthly sells is > Kshs 80,000.00
Transport cost and other expenses: Kshs 10,000.000, Rent Kshs 2000.00
Total expenses Kshs 12,000.00.
My monthly net profit > Kshs 28,000.00

Loan Proposal

I would like to expand my stock of second hand clothes and shoes, to which demand is so high in my area of business. I therefore plan to use $101 on purchasing the additional stock as follows: I plan to buy an extra Bail of clothes at a cost of $60.5, and extra bag of footwear at a cost of $40.40.
The increased stock will improve my net profits; help me pay the loan with ease, and save more for future projects, such as introduction of women wigs within the same shop.
Sincerely Mercy Metet
Thanks

Feedback

Loan Info

Lenders