Second hand cloth sales

Entrepreneur

About Me

My name is elizabeth otera i was born in 1989, i went to otiero primary school i stay in mtwapa a mother of two daughters, my business is selling second hand cloth. life has not been easy to me being a mother without a job i strangle to feed my family by buying and selling cloth, my main obstacle is luck of cash money to grow my small business. in our society it is not easy for a woman to be employed due to little education we receive because educating a girl child is considered a wast of money.
my hobby is swimming and traveling.

My Business

my business is seling second hard cloth,
i sell second hand cloth wich are still in good order. customers come to me because of my good customer care service.
i choose this business because second hand cloth are cheap and cloth are not perishable goods, so i can stay with any cloth which is not bought for long till it is bought .
what costs me is the rent for the stall i use to keep and sell my cloth, also the transport to and from buying the goods for sale at my place, may main revenue comes from the sales .
what i get from this business as my profit i use it to feed my family and pay school fees.

Loan Proposal

i would like to increase the quality of cloth i normally buy for resale so that my customer can get good quality, thus attracting them more. the amount borrowed will enable me to at some more pieces of cloth approximately 7. at $0.5 each. this i can sell at $1 each. my profit will increase slightly by $0.3 per piece due to some other incoming costs like transport. still its not bad for my business because can plough back the profit for more stock.

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Loan Info

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