Selling second hand duvets

Entrepreneur

About Me

My name is Elizabeth Gatonye ,I was raised by a single hard working mother. I am very grateful for all that she has done and I thank God for her every single day.I am married to a loving hard working man and we have two children,our first born is a boy(Melki) and our second is a girl. My husband takes care of us but its never enough and I want to lend a hand.

My Business

I managed to raise some money in the past few months and I want to start selling second hand baby clothes around my neighborhood..I have started by reselling some few i got from a friend who introduced me to the business and now i want to get into it full time. I will buy in a bale which has at least 20-30pieces. They are very useful and the demand for them is high because people prefer them to new clothes because of their lastful and they are not used badly. The cost of one depends on the size of the size weight fabric, if it's stained or torn, will sell at 10$,if in good quality and is very new will sell for 50$
So in one bale which i will buy at 10,500 kshs will give me around 13,000-19000 kshs give or take depending on sale. I will use the profits in investing in the business and also saving up for my kids school fees where they are joining school soon.

Loan Proposal

I will use the loan to add to my little savings and get at least 4-5 duvets to resell , right now I have 2000 Ksh(20$) so plus the 1000 loan it will be 3000ksh,(30$) I will buy each duvets at 600ksh (6$)
After I resale them each at a 1000(10$) I will make 400 (4$)for each so I'll make a profit of 2000Ksh(20$)
I will really appreciate your help because it will be of great help to me and my family.
Thank you

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