Increase Stock of African Attire

Entrepreneur

About Me

I am a 25 year old Kenyan Citizen. I reside in Starehe Estate, just near the Safaricom Booster.
I come from a family of five, two boys and three girls.
I did my Kenya Certificate of Secondary Education in 2007, later on which I decided to follow my passion in African Art, Arte facts. I started my business early in 2008, where I used to work from home. As demand for my items grew, I secured a small shade along the busy Kenyatta Highway from where I operate till now.
I make all my items ranging from belts, chains, sandles etc with my own hands

My Business

My business mainly is through African attires,shoes, chains, sandles.
Within a month, I manage to get a minimum of Ksh. 10,000 profit after paying my two workers Ksh. 5000 a month each. This enables me cater for part of my family's expenses and also my upkeep. It has also enabled me join college to pursue a diploma in business administration as I want to run my business on professional grounds.
I target all walks of life, everything goes for the poor, middle class and the rich disregard of their age.
My customers prefer my items because of the unique designs I present to the market. I don't place high prices for the goods and always I ensure that my customers leave my premises satisfied.
The business is profitable in that I get to show case our African culture to the world. My mother's friends abroad are also my customers and on several occasions I get to send them and they pay me well, hence boosting the business.
The risk involved in the business is when hide and skine prices go up. This reduces our profit margins. Beads, which I mostly use, incase there is a shortage, it affects the business.
With my business, I will be comfortable to repay the loan Zidisha will offer to me.

Loan Proposal

Hi lenders, thanks alot for this golden opportunity you have granted me to post my second loan, in this loan i will use 70% to increase the stock of african attire which is in high demand as for now schools they are competing for musical festivals and they normally dress in an african way, am very sure that this is the highest time for me to fetch high profit. 30% remainder i will purchase beads which i will make modern necklaces, wrist bands, rings and belts. Am very sure that i will be in a good position to re_pay this amount in time as nowadays am working with delmonte as account clerk. Thanks alot as you fund my project.

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