Loan proposal to increase stock

Entrepreneur

About Me

I was borne in the year 1990 in a village called Mogoiywek. I started my primary education in the year 1996 in Mogoiywek Primary School. After my primary education I joined Kaplong Boys High school in 2006. I finished my high school in the year 2009 and joined BCA College for my CPA Course.
All along I have been having a passion for nice clothes which are fitting and trending. When I finished my CPA Course, I started clothing business.

My Business

From my childhood, i have been having a passion for nice clothes. I sell Clothes ranging from men shirts, sweaters, blouses and skirts. These items are on demand because I am fashion conscious and I like to deal with the youths who are many and like my items.
My costs include cost clothes, salary for a lady helping me out in the shop, transport, licenses and taxes.
My revenues come mainly from sales of the clothes.
I use my profits to increase my business and support my subsistence costs.

Loan Proposal

I would like to apply for a loan of $25.75 which am planning to invest as follows;

I want to add stock of 8 men trousers each costing $1.5, 7 blouses each costing $1.2 and 5 men shirts each costing $1.0.
Am planning to sell each trouser at $3, each blouse at $2.5 and $2.5 for each shirt.
From the sale of all this stock, I expect to earn a profit of $ 24.25
This profit will help me expand my business and check welfare of my employee.
Thanks as you plan to fund my proposal.

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Loan Info

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