Stock of ladies' and men's clothing for my clothing business

Sylvia Moraa

Nakuru, Miracle Supermarket Residence, Kenya

Funds disbursed

$0 to go

100% funded of $100 goal

days left

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How it Works

Entrepreneur

Name

Sylvia Moraa

Member since

March 2015

On-time repayments

24 installments • 0%

About Me

I am Sylvia Moraa. I was born in 1992 on the 9th of November in Nakuru County, just within Nakuru Shabab Arear. I was enrolled in Langa Langa Primary, and I stayed in the same school for 8 years till I finished my primary education. I letter joined Nyakach Girls in Kisumu County, and I was there for 4 years for my O-level education.

After finishing my O-level education, since fees was hard to get from my family because I had other brothers and sister to benefit from my parents, I was not able to join university school. So I chose to do business, and that's what I felt I should do instead of stay home without doing anything. Well, selling clothes I saw it's the best idea because people must put on clothes, and in my area I saw I was at least the only person who could supply clothes at a cheap price. My parents live in Nakuru in a place called Jasho area, just within Miracle Supermarket.

My Business

My business that I currently run is of selling new and secondhand clothes. This is a business I started 2 years ago, and it has been of great importance in my life, as this is my only source of living. I take care of the needs of my family from the income that I get from the business and support my siblings. I am able to feed and educate my siblings, since my parents have financial challenges.

The business usually does well when the schools are closed: that is, during the holidays when schoolchildren are at home. I want to manage the loan that I will get well to improve the business. My inclone profit from the business ranges from $70 to $21, depending on sales and how many clients come in for clothes. This is the profit after removing all my expenditures.

If given this loan, I will allocate the funds to add more stock and also to pay for my municipal tax.

Loan Proposal

Dear lenders, I am very happy and grateful for the help you have given me and others around the globe. My business is of selling men's and women's clothes.

The major difficulty I am facing now is the stock: I have very little stock. I would kindly request you to give me this loan opportunity so I can add more stock to my business. The demand is high, but my stock is little of all items, both men's and women's clothes. I will use the money to buy ladies' clothes as well as men's clothes.

My future plan is to have a big shop where I will be having everything my clients need. I am hoping in the next 1 year I will achieve a goal of $1,500 to increase and refurbish my shop with all types of clothes. I expect an increase of 20% within a period of 3 months. This business's profit will increase from $100 to about $120 to $150, which is a big step ahead.

Show original English

About Me

I am Sylvia Moraa, I was born in 1992 on 9th of November in Nakuru county just within Nakuru Shabab Arear, I was enrolled in Langa Langa Primary, I school in the same school for 8yrs till I finished my Primary Education, i letter Joined Nyakach Girls in Kisumu county and I was there for 4 yrs for my O level Education,.
After finishing my Olevel Education since fees was hard to get from My family because I had other brothers and sister to benefit from my parents, I was not able to Join university school.
so I chose to do Business and that's what I felt I should do instead of stay home without doing anything. well selling clothes I saw its the best Idea because people must put on clothes and in my area I saw I was at list the only person who can supply clothes in a cheap price. my parents lives in Nakuru in a place called Jasho area just within Miracle supermarket.

My Business

My business that I currently run is of selling new and second hand clothes as . This is a business I started 2 years ago and it has been of great importance in my life as this is my only source of living. I take care of the needs of my family from the income that I get from the business and support my siblings. I am able to feed and educate my siblings since my parents have financial challenges,. The business usually does well when the schools are closed that is during the holidays when school children are at home. I want to manage the loan that I will get well to improve the business. my inclone profit from the business ranges from $70 to $210 depending on sales and how many clients comes in for clothes, this is the profit after removing all my expenditures.
if given this loan I will a locate the funds to add more stocks and also to pay for my municipal tax

Loan Proposal

Dear lenders am very happy and grateful for the help you have given me and others around the globe ,my business is of sellingmen and women clothes, the major difficult am facing now is the stock i have very little stock
I would kindly request you to give me this loan opportunity, i add stocks in my business, the demand is high but my stock is little of all items,men and women clothes. I will use the money to buy ladies clothes as well men clothes,my future plans is to have a big shop where i will be having every things my clients need. i am hoping in the next 1 yrs i will achieve a goal of $ 1,500 to increase and refurbish my shop with all types of clothes. I expect increase of 20% within a period of 3 months this business my profit willincrese from $100 to about $120 to 150 which is a big step a head.