I will use the loan to increase my stock and make more returns

About Me

I come from a family of six. Siblings.
Am the third born in this family.we arrested five girls and one boy.
I live in south b plainsvieq Nairobi. I am on my last semester of my undergraduate pursuing my major in human resource and management.
I started a business of selling second hand clothes to my fellow students to help pay my tuition after my dad died in 2010 and was forced to take academic leave because of financial constraints.I later got a job as a direct sales agent for. bank .
The money was never enough to pay my tuition hence continued selling the second hand clothes
THE money I get from my business I make sure my stock is adequate at all times.I get my stock of second hand clothes at a local market called "gikomba"on. Saturdays and resell them at the beggining of the week to my class mates and colleagues.

My Business

My source if income is my salary from my direct sales agent for the bank and my personal second hand clothes business.
The goods that I sell range from coats, official shirts,skirts,ties,blazers,dresses.
I offer my service providers free home delivery when they are nit around my reach.I also give them discounts provided they have a good client base and rapport with me.
My consumers understand my business compaired to my competition because I k
now what they want,what is on season. And I also advice them with what is trend or what is not on trend in the market. I also give some a credit period of 30days to pay
as they take home there purchase. The business is profitable because People buy clothes everyday its a necessity. The challenges I face is lack of transport sometimes I
go to the market to get my stocks I end up coming home with nothing because I ddnt get what I wanted.for a stock of 20000 kenya shillings .Am therefore requesting for usd.250 dollars
On a good season I make a profit of
f 7000 Kenya shillings.
I will repay the loan if not with the profit I make from the business, I will pay back with salary and savings.


another challenge is my debtor's not paying on time as agreed on.

Loan Proposal

I will use the loan to increase my stock.This will involve visiting the market early saturday and selecting the best quality clothes from the 2nd hand bales.The clothes i buy include(dresses, coats chiffon tops.cotton blouses/tops, officia skirts and blouses,sweaters and clutch bags" Since i already have established vendors i buy from "kikomba market" getting stock is easy for me.The loan will also assist me buy bundles to keep intouch with customers and advertise using social media like face book and whatapps