I own a knitting machine and i to make stylish baby item

Entrepreneur

About Me

I am Perez. I am relatively well educated with a degree in education. A few years ago 2014 I lost my job and it became incredibly difficult to secure another job. Within a short space of time I lost everything, I was no longer able to pay rent, my belongings were auctioned and I lived with a relative for a few months. I started making crochet items, it enabled me to move into my own space. A relative bought me my knitting machine after seeing the items I make, on the condition that I would refund the amount paid for the machine. I have so far paid for my training on my machine and I have started making some items. I mostly have crochet clients but the work is slow and thus profits limited, it is difficult to expand. I need large amounts of yarn to be able to make the amount of stock I need to go to the next level.

My Business

Currently I still do mostly crochet work. I want move to mostly machine knitted. I have been researching cute patterns I want to make. Mostly baby items. (90%) Some adult items for ladies. I am also reaching out to new moms, so I get a feel for what they like. We tend to have a pattern in Kenya, if the target group like one thing, they all do, trick is to get to that thing they like.

Loan Proposal

My wish is to buy yarn in bulk. Be able to buy yarn in bulk, thus cheaper, and be able to make good looking, practical, baby clothes, that are reasonably prized, and good looking. I want to buy yarn in bulk which is cheaper. Each yarn ball is about 0.5$ per piece in bulk is 0.35$ per piece and I have to buy at least 10 pieces at a go.

Feedback

Loan Info

Lenders