Inventory for my knitting shop

Entrepreneur

About Me

My names are Omula Sraphyne Nabwire , Kenyan citizen,and Iam amarried , a mother of one daughter abd two sons.nty but currently we live in Eldoret Town ,rift valley.
Both I and my husband are bread winners of our family and extended family where by we support our siblings two of them and three aged parents.Our children are aggressive the first one would like to become a doctor when she grows up while the sons would like to become a preacher and a doctor respectively.

My Business

After two years of my O Level I got married and became a house wise for three year before my husband decided that we should have an additional income to support his .
Thus I trained knitting of sweater from St.Brendan Institute here in Eldoret I got a certificate of which I also got experience of the same field in the near by kenknit ltd through attachment.After gathering all the experience in the field we decided I and my husband to venture into fully ,so my husband has been supporting supplying me with the material while I do the work of knitting.
I normally knit sweaters and sell at a friendly price which attract many customers than my competitors.The Demand for my products is high .

I do supply of finished sweaters to schools and open air markets. My monthly cost of running the business is US Dollars 400 while average Gross profit before the expenses is usually approximately US Dollars 500

Loan Proposal

Thanks Zidisha for these opportunity to become a borrower in your reputable institution.I woldlike to propose that given funding I will use all the 100 US Dollars to bur the material for making sweater as I target to sell to those joining form one.
The funding will enable me overcome the challenge supplying out of stock for I will have enough material and stock to meet the demand of these season.I expect the profit to increase by 40% as a result which will enable do repayments conveniently.

I look forward to your support and God bless you

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