Add more clothes to my boutique shop

Entrepreneur

About Me

I am the third born in a family of seven with both parents , one brother and three sisters. I live in Nyahururu town. Nyahururu is in Laikipia County 100 kilometers from Nyeri town on your way to Nakuru town. I am a business man by occupation and I am an O level graduate at Kieni High School. I started a business because I had always dreamed of being a very prosperous business person in life. I buy and sell some items like footwear's, clothes, handbags for both men and women, I also sell school uniforms and bags and some other items that can be displayed in a boutique.

My Business

My business is a sole proprietorship that means it is a single partnership as I am the sole owner of the business. My goods and services are of high quality since I sell new items. Customers prefer to shop at my boutique because their preferences are met and I have variety of products affordable to any person. That raises the demand for my goods. My business is located at the town square and there is a wide range of market and that makes it much profitable. However the only risk that i encounter at my business is low demand for school items like uniforms because the are some kind of seasonal, their demand rises during the school re-openings. I manage to make a sale of kshs 60000 per month making it possible to cater for my monthly costs of kshs 25000 including house rent and electricity bill.

Loan Proposal

Thank you very much for you kindness and willingness to assist me and see to it that I succeed in my business. I am going to add more stock in my boutique, i will buy more clothes and display them at my shop and with that I am sure that I shall make repayments on time and be ready for the second loan. I will benefit from the loan because my profits will increase due to the added stock. Thank you.

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Loan Info

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