Loan for restocking more cold-season clothing in my shop

Entrepreneur

About Me

My name is Sarah Nyirenda and come from Eastern Province of Zambia .I grew up in the Village were i started my Primary in town of Petauke town in the East of Zambia .I completed my grade 12 at Libala Secondary School. After completion of high i went into business because i have the passion for business. Am apply for this because i need financial support to grow business because it is the main source of income were i look after my three children.

My Business

I have shop were i sale clothing for men, ladies, girl and boys. I started this business three years ago of which have been doing very well. I buy the goods from South Africa and Tanzania and the main challenge i face is travelling to these countries to buy the clothing. Demand for these goods is very overwhelming but a lack good capital to stock the clothing and to be readily available for sale in the shop.

Loan Proposal

I really want to use the Zidisha loan to buy more clothing in the shop, more especially men's office shirts, suits, ladies office suit, dresses, casual t-shirt, golf shirts and also men's shoes and also stock school uniforms and school bags as January is around the corner for parent to begin budgeting for their the children.

The profit I made I use them to to shop rentals, reinvestment, and save some income for repaying the loan.
Due to economic challenges especially this year a number of business have collapsed, but I have strategized myself of how am going to repay this loan.

Apart from selling of clothing am into Broiler Chicken Farming, let me say I have a small poultry were I rare or keep chickens for sale to restaurants, homes and at the markets. The income i generate from the chicken business I can also use it to repay the loan weekly.

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