Loan to buy imported bags for sale

Entrepreneur

About Me

I was brought up in a low income family, went to school upto O level but was unable to proceed to college due to lack of school fees. I started engaging with charity work/volunteer work in my local church where I gained some experience that brought the idea of business. I proposed the idea to my sister who lent me 10,000.00 to start with.
I have three children in school who have big ambitions. And I could like to nature their talents by working hard to pay their school fees.

My Business

I do selling of new clothes and mitumba clothes in Kapsabet market plus the surrounding centres.
I chose this business because it looked lucrative and fast moving
The major costs in this business are county taxes/taxes that we pay in a daily basis. On a good day I can make sales of between 6000 and 10,000.00 KES reflecting to a profit of between 1000 to 2000 KES.
I use my profits to pay house rent, daily upkeep for my family and school fees for my children.
Thank you

Loan Proposal

I intend to uplift my business that has not been doing well due to low turnover.
I am requesting for funds to purchase imported quality bags from overseas that are on demand and cheaper. I made this decision after going through some turmoil and managed to do some research of the market afresh.
I will buy 10 bags each costing USD 21 including freight charges. This bags I will sell at USD 36. With this I will be able to make good profits that will boost my business. I will be able to improve my life and that of my family.
Thank you for always being part of my business and be blessed.

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Loan Info

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