Inventory of jackets

Entrepreneur

About Me

My name is Mwangi, a small time businessman in an area called Mishomoroni city. I was born in the central highlands of Kenya and this area is has rich soils and reliable rainfall. However, there is a high population density and the farms are too small to sustain large families like my dad's.

This is what led me to move from there to a distant town - Mombasa where I started living with my brother before finally moving to a smaller town called Mishomoroni where I do my business.

My Business

I deal with sale of second hand clothes where I buy at a wholesale price and sell at retail price. My profit margin ranges from 20 - 30% and my income is about USD 180 per month after paying my rent and other small bills. This is what feeds my family and takes the little one to school.

My business has been growing year after year and I hope it will now be catapulted by credit that I will be getting from Zidisha. Thank you for giving me this rare opportunity.

Loan Proposal

With this money, I will buy a few jackets and then sell them at a profit. These are fast moving items and I hope to sell them within a short time. I hope to get more credit after this one so that I can make significant leap in my business.

I plan is to open a new department which will be dealing with new clothes since they tend to be more profitable than used ones.

Thank you.

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Loan Info

Lenders