Selling shoes

Entrepreneur

About Me

My name is Duncan Nakaanda. I have been in business for more than 2 years now. I deal with selling of shoes but have now ventured into clothes due to the money that zidisha is giving me to support my business. I loving selling goods and commodities.

I am based in lusaka and i look forward to a situation were i can start ordering salaula from malawi and later reselling it when i bring it to zambia. It has a good market and the demand is something unexplainable. Zidisha has really helped me as it helped to develop from ordering 20 shoes to ordering 60 and later helping me enter the clothes business which deals in women clothes.

My Business

I order and sale shoes....i recently expanded my business by adding clothes to my shoe business. What i do is order the above mentioned commodities and then later resale them after washing them. My market is usually bars late at night and just moving up and down during the day and talk to each and every customer that i meet.

Weekends are the days that i sale the most. I am currently venturing in mens clothes and shoes due to the fact that these commodities are expensive and have more profit compared to lady commodities in my area and besides i am a male so nowonder the ease in doing this.
My income has increased because i am now adding more goods to my already existing clothes.

I have now added transportation to my business. This is good business for my portfolio as i have noticed this gap in my community

Loan Proposal

I am expanding my business by adding clothes to the already existing shoe business that i have. I have been doing this shoe business for a long time and it has given me money and a daily income, it is for this reason that i would really appreciate this loan so as to increase my inventory and add another commodity to my business which is mens shoes.

I shall be ordering this shirts then later iron them and take them to my customers. If all goes well i would like to get a steamer so that it could help me get my clothes ironed at a faster rate.

Clothes have market because most people feel very lazy to walk and visit the salaula stands and feel very ashamed to even be seen by friends. It is for this reason that i have decided to be delievering these shirts in there offices by moving around.

Income Source

Risks are every where and are found in very business. It is for this reason that i decided to get involved in a project that would give me money no matter what. I work at a car wash where i get paid per month but manage to get a few tips on a daily basis and these usually amount to 100 or more and the minimum is 50 kwacha a day.

So with this in mind i feel i can cover any risk when it comes to paying you. And most of my brothers that work are aware that i got this loan as the amountsgrowing the more the money. And they have promised to help me pay it back when things begin to go sour.

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