Purchase of more new clothes for sale

Entrepreneur

About Me

I was brought up in a below average family. My parents struggled to get me through high school. With earnings from the small family farm that is mainly used for subsistence farming. I managed to secure a small job of which the income is below KES 10,000.00. With my 4 siblings that am supporting financially. With some little savings I managed to get some stock that am currently selling in Kapsabet town. And also create employment for others as I keep on supporting my family.
Thank you

My Business

This is a retail clothes business that I sell from my small corridor/kiosk. I also do hawk in the markets around kapsabet in Nandi county.
I did some research and discovered that the clothes business is common but very lucrative everywhere including Nandi county, where especially during the cold season jackets and sweaters are really needed and you can make good sales.
Averagely I get a profit of between KES. 5000-KES. 15000 per month depending on how good the business was in that month.
My expenses are mainly rent and market fees,
The earnings I get I use them to support my siblings who are in school and my household expenses.
With funds I can expand this business more by adding more variety of needed clothes that I don't have, create employment for others in need and at least have some savings to support other need people in society.
Thank you

Loan Proposal

I wish to raise funds to purchase more clothes for my small boutique. This will help provide more variety for my customers and help in raising my profits.
I wish to purchase jackets due to cold weather in kapsabet and women's dresses that are on high demand. This will improve my living standards and raise funds for school fees for my children.
I also take this opportunity to thank you for the support you have given me in supporting my business.

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Loan Info

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