Restocking of my second hand clothes selling business

Canam

Eldoret Mwanzo Estate, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Canam

Member since

May 2014

On-time repayments

72 installments • 72%

About Me

I am Canam Adenya .daughter to Mr. and Mrs Adenya Joshua just finished my diploma degree in business management and accounts, living in Mwanzo and running a business of second hand cloths together with my sister Maureen. I intend to increase my current stock with the loan, due to the increased demand by my customers.
I start this Business 9 month ago and it has been of great success to me since. Second hand cloth is a trend and a fashion to our community as they are long lasting and unique. Since I started I have never been able to be at par with the demand due to luck of funds as I wanted to expand my business and create jobs to other members of the community.

My Business

My business is all about selling second hand cloths from a small shop I own just within Mwanzo Estate behind Rail-ply. My source of income comes from the profit I make from the business. There is high demand of second hand cloth as they unique and wanted to fill the gap, I want to supply more cloths to my nearby friends and client since they are asking for more and different design and quality. I have a dream to expand and be able to create jobs to members of our community I want to make an impact to many people and also be a pillar to development and be able to make a change by empowering youth to take up initiative by being an example of success from zidisha

Loan Proposal

Dear Lenders, I am thankful for my previous Loan, the loan helped me to increase the income of my business and try to also meet the needs of my clients, my business right now stands at 30% growth, I am here also to ask for some more loan support to start selling of shoes as additional to my business of selling clothes, I need $120 to purchase 1/2 bale for shoes and i am sure according to my business position i am able to make more than 43% profit from this.
I hope this time I will be supported once again.