Restocking my clothing shop

Jackson

Ndola, Zambia

100% repaid

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How it Works

Entrepreneur

Name

Jackson

Member since

January 2021

On-time repayments

5 installments • 40%

About Me

I am Jackson Mwansa and am married with 3 children. I come from a family of 12 , i have 5 sisters and 6 brothers. When i finished my junior secondary education I couldn't continue with higher education due to financial challenges so i started selling second hand clothes found in bales From there I found a small shop to rent and this is where I am now but selling new clothes and shoes.

My Business

i decided to start selling clothes after I saw that a lot of people in my community cant afford to buy straight from boutiques. The clothes are on demand and right now i have employed 1 young man to cover me especially when am not around or busy. All i need is financial assistance.

Loan Proposal

I have many regular customers who want to buy some men' shoes but right now i have run out of stock and i dont have enough money to make new orders. Therefore i am applying for this loan so as to help me stock up my shop with new men's shoes and clothes to serve my customers well. The profit are expected to increase and my capital will also increase, next time i will be manage to order above what i have been ordering all this time.

Income Source

The profit I make from my sales in the shop are enough to pay. Even during covid 19 or the economy being risk, at least I can make something and pay back for the loan.