More stock for my clothes stall

Entrepreneur

About Me

Thanks for letting me introduce myself: I am quinter, a single mother of two daughters aged five and eight years, and I am in the secondhand clothes business. I graduated from my o levels back in the year 2003 from a local secondary school and ventured into business after failing to afford a college education in the year 2010. I use my profits both expand my business and fend for my small family as a single young mother. I love listening to music and following up trends on social media during my free time. I am determined to get my life back on track and succeed financially to make the life of my children better.

My Business

I normally travel to the city (Nairobi)’s Gikomba Market to buy cheaper second hand imported clothes which I normally resell here back at my local area. With the rapid growth of population, there has been an increase in demand for basic needs such as clothing. During the past three years that I have been in the second-hand clothes business, I have managed to cut myself a nich’e in the local market as a trustworthy and pocket friendly pricing dealer and in touch with the fashion trends of the youth who are mainly my targets. In a moth, I can make an average of around 50 USD in sales revenue where I take home almost half of this as profits. Due to the high competition, I intend to rent or build a clothes stall and add more stock.since that the clothes sector is favoured by time and season, i got a good advise to start (Airtel Money) and be their agent of which having done many transactions in a month, you can earn double the amount you use as your float

Loan Proposal

I really would like zidisha for your help you guys; i have been and still i am in the second-hand clothes dealership business where i am engaged purchasing clothes from the city (Nairobi). I had a few troubles in repaying my first loan due to illness where i remained admitted in the hospital for 2 weeks and my business stalled. I resumed repayment and am glad for the zidisha community for standing with me throughout that time as my business really remains the primary source of income for the upkeep of my kids and i. i intend to hold the current loan and hopefully qualify for a higher loan to help me purchase more stock as sometimes many second-hand clothes remain on the shelves for long or non purchased. Meanwhile i will inject every coin to add to my current stock with newer fashions.

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