I want to buy a manual carpet making tool

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

After much research in recent months I have decided to change focus into something more commonly used and faster to make and possibly for more money and work at becoming financially independent.

Feedback

Loan Info

Lenders