Duvet & curtain set merchandising

Entrepreneur

About Me

I am the first born son in a family of three children, two sons and a middle daughter. I schooled and performed relatively well. My childhood was as natural as any other though we had hardships which was not uncommon. I lacked interest in education and decided to try my hand in education. My thinking at the time was that not everyone could get a chance to get to university so I opted to try my hand in business. I started out with a retail clothes shop in Nairobi town which relocated to its current location in Kitengela. I recently discovered a niche that is relatively untapped in the industry hence my immediate need to raise capital for the same. Kenya is a land of diversity and even though we are going through some tough times, we are culturally experienced. I have three children, two girls and a son. My first daughter wants to be a teacher, second born daughter wants to be a doctor and my 8 month old son... well he doesn't say much.

My Business

I buy materials and have them made into fancy curtains and window blinds. I recently discovered I could do duvet sets complete with matching curtains and its receiving very positive response. On average my business' monthly income is about sh 65,000.00. Out of this amount, I pay out expenses and net an income of about sh 25,000.00. With this new line of business, I hope to increase income by over 100% and net profit by over 80%.

Loan Proposal

The first loan I had taken set me off on a path of success. Whereas I couldn't get the amount I needed, it taught me patience and persistence in business. The amount I'm borrowing will specifically go into marketing my matching duvet & curtain sets. I'd like to embark on online presence at the same time make sure that I'm ready for any orders that will come in. Inventory is key, growing and maintaining it will help in keeping our books in check. I'll also invest some money in a sound inventory system.

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