Loan to be able to distribute more clothing in my community

Entrepreneur

About Me

I started my mini boutique with the name"THE BASE SPECIAL BOUTIQUE" in the year 2012 with the capital of $250.00. I sell all kinds of cloths such as men's wear, women's wear, children's wear,shoes and sandals etc. I also sell second-hand cloths of all kinds. I have provided employment opportunity to one person in my business. Now I have a an accumulation of about $750. Due to the increasing demand of cloths, my business is rapidly growing. and my intent to open up my business to a larger height due to the high demand of cloths. I also intend to increase my profit margin from 50% to 60% by the close of the next three months.

My Business

I started my mini boutique with the name"THE BASE SPECIAL BOUTIQUE" in the year 2012 with the capital of $250.00. I sell all kinds of cloths such as men's wear, women's wear, children's wear,shoes and sandals etc. I also sell second-hand cloths of all kinds. I have provided employment opportunity to one person in my business. Now I have a an accumulation of about $750. Due to the increasing demand of cloths, my business is rapidly growing. and my intent to open up my business to a larger height due to the high demand of cloths. I also intend to increase my profit margin from 50% to 60% by the close of the next three months.

Loan Proposal

I sell clothes, jewellery, shoes and handbags and goods that are trending in the market at the time and am also employed
everybody needs an aspect of fashion and in my opinion it doesn't matter what you do but when your smart things always fall in place and people will always want to look nice
i chose this business because i act as the guinea pig as i love to look nice and people started asking where i buy my stuff so instead of directing them i offered to deliver at and extra fee and word went round and with time i got clients who will call and describe what they need i advice depending of figure and i have take my time to understand colours and motives what looks nice on who.
the profits range from 50-100%ing and being a single mum i supplement the profits to keep my children in school and some to restock this way i always have something going for me am also in a sacco where we get bonus which i also use to restock my stuff and have the moneys double hence making more profit
my typical cost would be like usd 500 aand out of it i can make a profit of say USD 300 .

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