Clothing stock purchase

Entrepreneur

About Me

I am Millicent, a mother of four kids. Before my husband was terminated from his work, I thought everything was ok. Being a responsible mother, I had to seek for some economical intervention. I started selling second hand clothes without proper capital. I relied on trust; that I will pay the remaining balances once I sold the clothes from trust worthy suppliers. I have done this fathfully for quiet some time despite the challenges accompanied by it.

My Business

I am currently carrying out second hand clothes business. With the challenges of COVID-19, second hand clothes supply may be affected and hence am looking forward to ways on how I can maintain my business.
My main focus is to purchase variety of clothes; from new clothes of all sexes to second hand clothes(while still available) to maintain my customers base.

Loan Proposal

When awarded the loan, I will be able to make selection of various clothes according to my customers' preference, unlike purchasing on credit, where I do not always have selection option.
I will also be able to chose on variety of designs that I can use to access other new markets.

Income Source

I have an established customers base that I always supply with the products I offer. I am looking forward to offer variety of clothes that will help me reach new customers base.
When I have the opportunity to buy in cash I will be able to choose good stuff that will be favorite to my customers.

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Loan Info

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