Buying used clothes for resale in my new stall

Alice

Thika, Kenya

18% repaid

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How it Works

Entrepreneur

Name

Alice

Member since

April 2014

On-time repayments

294 installments • 7%

About Me

My name is Alice Kamweru. I am married and have two children. I am a hotelier by profession and I have worked with a couple of companies in the respective field. However, I decided to change my specialization after I went for my first maternity leave and started as a self-employed working from the localities of my home.

I have been venturing in online business for a while now and I can tell that it is not bad. I compose online articles for various websites. I do however intend to create another side hustle to help me channel in more gains.

My hobbies are writing and reading novels, mingling with people and doing general business. I also like travelling especially when I am free.

My Business

I am an online freelancer currently specializing in website content writing.

The job has been a source of my finance for the last year. I manage to raise approximately $100 per week which I use for personal needs and general support for my family.

I do however intend to venture in a side business apart from freelancing. I intend to establish a small second-hand clothes stall for both men and women. I have already found a perfect place for the clothes business. In fact, I have already booked the stall using the little savings I have managed to gather.

If I am granted the loan, I will employ someone who will be selling the clothes on my behalf. The money should be enough to help me buy several bales of second hand clothes. I am certain that the clothes will be sold quickly considering the high level of people traffic at the stall location.

Loan Proposal

If I am granted a loan of $447, I intend to use it in buying used clothes. The price of one bale of female and male clothes goes at $100. This means that the loan will help me in buying 4 bales. I have managed to save some amount which will be of use in boosting my stock and also hiring a worker. This will be in addition to the remaining balance of $3 from the loan. Attached in my profile is a photo of my new stall only awaiting stock.

The location of the stall has high human traffic hence I believe that the clothes will give returns in due course. Kindly help me achieve this goal.

Show original English

About Me

My name is Alice Kamweru. I am married and have two kids. I am a hotelier by profession and I have worked with a couple of companies in the respective field. However, I decided to change my specialization after I went for my first maternity leave. I decided to employ myself and work from the localities of my home.

I have been venturing in online business for a while now and I can tell that it is no bad. I compose online articles for various websites. I however intend to create another side hustle to help me channel in more gains.

My hobbies are writing and reading novels and mingling with people and doing general business. I also like travelling especially when am free.

My Business

I am an online freelancer currently specializing in website content writing.

The job has been a source of my finance for the last one year. I manage to raise approximately $100 per week which I use for personal needs and general support for my family.

I however intend to venture in a side business apart from freelancing. I intend to establish a small second-hand clothe stall for both male and female wear. I have already found a perfect place for the clothe business. In fact, I have already booked the stall using the little savings I have managed to gather.

If I am granted the loan, I will employ a worker who will be selling the clothes on my behalf. The money should be enough to help me get several bales of used clothes. I am certain that the clothes will be a quick sale considering the high people traffic at the stall location.