Clothing sales expansion

Entrepreneur

About Me

I am Alabi Moshood Adebayo. A Nigerian business man. I had my SSCE in the year 2004. I later had my university education in the year 2014 from Ahmadu Bello University ,Zaria. Business has being my passionate dream since childhood, and this made me to fully go into it when I grew up ( specifically after my Tertiary Education).
My childhood through adult in life was through a lot of self struggling for survival. And this made me to be able to finance my university education by myself and little by parents.
I thank God today, my life has positively changed for better through my business minded and self determination.
Thank you.

My Business

I am into the sales and supply of unisex wears such as clothing, baby clothes, shoes, bags, baby toys e.t.c. This business started when i was in secondary school but came in fully when I got through with my Tertiary education in 2014.
The initial capital of the business was generated through contribution from friends, family and myself. This was maintained through proper monitoring of the business and ploughing back of profit generated into the business.
Clothing business has been one of the fastest growing business in the world today as it remains the essentials that one cannot do without.
The business has witnessed a lot of challenges such low running capital, poor facilities and e.t.c but most of which were overcome through resilience and determination.
With the support of Zidisha lending platform there has been a tremendous growth increase to the business. This has increased my earnings and thereby improve the size of the business and increased the running capital as well.
Thank you.

Loan Proposal

The loan is going to be used in the following areas of the business:
1. Boost the running capital- I will add the loan to my running capital of which I believe is going to increase my earnings and hence increase the growth rate of the business.
2. Purchase high demand products- I will use the loan in buying more and highly demanding products and this will sales rate of the business.
3. Diversification of the sales- I will use the loan in diversifying the sales and hereby covering more items and hence business turn out
With the invention of all the above, I believe the business will grow tremendously in terms of turn out and as well increase my earnings. With the increase in the business turn out, I believe this will be of help to family, community and the society at large.

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Loan Info

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