increase the stock of jewelery, womens clothes and mens clothes

Edwin

Nakuru, Kenya

3% repaid

Follow Edwin

How it Works

Entrepreneur

Name

Edwin

Member since

January 2014

On-time repayments

40 installments • 35%

About Me

,my mum used to struggle by sellingnspiration for mae my hardwork and commitment.This business has been my source of livelihood as it has helped me well in providing for my family.

My Business

chniques that my employees maintain towards customers .some of the products that i sell in my shop includes,women wecking mostly women's clothe but still i have less capital that can help me in stocking my business fully.the major challenges in this business has been lack of sufficient capital that can enable me to bring my business to an extra mile ahead.for example last year i lost a contract of supplying church uniform due lack of capital.i believe with the
less cost of goods sold (
300) dollars
less expenditures (246) dollars
=154 dollars as my profit. with this profit in place i will be able to pay back your loan in the prescribed time.

Loan Proposal

i am a very happy man to apply for this third loan from zidisha.may i take this opportunity to extend my gratitude to you lenders for your past loans,it has made my business grow abundantly,there has been huge flow of customers in my shop ,this is due to its strategic location.most of my customers are college students around my premises,to be able to maintain this ever growing customer base,i need aloan of 592 dollars to add these stock.this loan will be used as follows.
250 dollars i will use to add more stock of women clothes,150 dollars i will use to add more stock of men clothes ,160 dollars i will use to add more stock of jeweleries with necklesses taking alarger share,followed by bangles,the remaining 32 dollars will cater for logistics and othe sundry expenses,i believe with my business profit and the salary i get from my employment,i will repay back the loan in time,i believe togather with zidisha i will make it.YES WE CAN