Shoes, male clothes, women clothes and children clothes

Entrepreneur

About Me

I am Kelvin Omondi. I school and am still a student at the University of Nairobi. I study law. I started business because I have always wanted to take care of myself. I have a partner who is my cousin that attends to my work when am in class. I have been doing the work for the past two years and the business has really picked well. Besides selling shoes I also sell clothes but for the clothes I have only done the work for the past one year. I also fund my business from the money in my bank which I inherited from my dad.

My Business

I simply my business way back in 2016 after finishing my high school in 2015. The intial capital that I started it is the money that was in my bank account that I inherited from my dad. I do sell clothes together with shoes. For the shoes I started it in 2016 while for the clothes I started in 2017. The business has really picked well and it has substantial profit. In a week I do make sales of upto 20000 in both businesses and a profit of roughly 5000. being ambitious enough I thought of making more profit and this will be achieved from big sales. That is the reason as to why am seeking for loan so that I can increase my stock and make more profit. making more profit means that I will be in a position to pay back my loan as soon as possible.

Loan Proposal

I would use my loan to add my stock which would increase my sales hence making more profit and therefore I would even be in a position to pay my loan as soon as possible

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