Loan to buy more new design shoes for my shop business

Entrepreneur

About Me

Thank you for the opportunity.I am a God fearing and a working young man.Since my childhood,i was brought up just like any other child in sub-Sahara region with with my parents facing common challenges raging from food,financial problems to educate me to a higher levels where by i didn't manage acquiring any Skill to enable me get employed.
Being first born in a family of 3,My parents could only afford food and basic education as they resulted to doing casual and ODD JOBS to bring food to the table.When i realized i am mature and i started getting interest in doing business.I started selling second hand Shoes in the area we were staying with my parents and contributed so much in educating my younger brother and sister.My parents were not much productive and i became a bread winner soon after the business stared booming.I saw God in every step of my childhood until now.I was able to start my own business after my uncle who was doing the same business bought some view shoes and gave me to try selling in our areas and the business worked.I could get money from "Merry-Go-Round' and boost the business that i am doing up to now.what is unique with the area and culture of the place i live is that young people have been empowered to play a key role in economic growth and development of the society we live.Now as a married man with one child,my children want to be well educated to a level of getting skills and be a role model in our society.I would like my children not to face the same challenge i have gone through.
My unique hobby and pass time i have is giving back to the society through visiting Children homes and community work like Cleaning the environment with other members of our church.
Thank you.

My Business

Well as i had mentioned earlier my business is in selling both the second hand and new shoes.I provide shoes for different gender and children.The shoes products are always in demand because if a customer will not afford the new shoe they have an option of buying the second hand that i also sell.I decided to choose this business because it is easy to start does not need much requirements and it involves selling fast moving and highly fashionable products.Most of common costs involves buying the products of different styles and sizes as well as design,transport of the products from the source which sometimes can be costly depending on the quantity of the Bales i buy and the distance to be transported.Other costs apart from rent are costs of storage and council permit.All along i have been using most of my profit to help my aging parents and educating our other children as well as my personal expenses in my house to meet cost of food and house rents.Also i do reinvest the same profit i get to expand my business.
Thank you.

Loan Proposal

Thank you.
First of all, i will Buy new arrival design shoes at a cost of USD210.00.
I will on the other side Buy Imported second hand shoes that have given me a lot of profit in the last three months at a cost of USD140.00.
I will buy Shoe Races/strings at a cost of USD42.00.
More important also will be inner sores at USD35.00.
I will expand my area of business at a cost of USD20.00,i will buy a tent ant metal rode.This will prevent new shoes from fading caused by extreme sun heat.
I will buy my child a bed and some bedding at USD30.00.
According to my findings, i will be getting a clear USD50.00 a day up from around USD20.00 in my previous earnings.Since customers will be now be choosing between new and second hand shoes.My country is made of largely low income earners and the second hand shoes really is on demand due to its lower prices.I will have a one stop shopping point in my shop.
Thank you.
Tha

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