Diversify and increase stock for my shoes business

Entrepreneur

About Me

I am 58 years old a widow with a family of 5 children 4 boys and a girl. I was educated by my parents up to primary level.
After primary I helped my parents at home and then got married and then after being blessed with our children my dear husband passed away and left with the children struggling with the life which is not easy but with God I do man

My Business

I started selling new shoes for there was demand in my area because of schools sorounding the area. This business has helped me a lot in paying my loan and helping my family.I do also pay my children school fees with the business.Because iam a farmer i do use the profit i get from my business to boost almost every activity in my home.

Loan Proposal

Hallo lenders please find the below plan of the loan applied .Hope it is well illustrated to my level best..
Construction of a cloth shed using metal
Metal sheets : $300×50sheet=$15000
Labour:$400×2people=$800
Business permit:$250 per year
Transportation:$500
STOCKING OF THE SHED
women dress suit:;$300×50dress=$1500
Women skirts:$120×100 skirts=$1200
Women blouse:$80×80skirts=$640
Men jean trousers: $120×100trousers=$1200
Men's shirt:$80×100 shirt=$800
Men socks:$25×150socks=$3750
Men belts and ladies:$100×300 pieces=$3000
Men t-shirts and polo tshitrs:: $89×100 pieces=$8900
STOCKING OF THE ALREADY EXISTING SHOES SHED
Men official shoes==$500×80=$4000
Men casual shoes eg sport shoes,sandals =$7000 total
Women shoes=$5000 total
School shoes=$5400 in total
Gumboots shoes$1000 in total
Transportation cost $500
I have tried to illustrate in detail for your understanding of my project.Hope its well understood.With the new shed I would have created a job vacancy of one.And the profit margins will increase with increase of business. I will be in a good position to pay school for my kids and provide the basic needs to the others

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Loan Info

Lenders