To add more stock to my shop

Entrepreneur

About Me

I am a graduate from Jomo Kenyatta University having pursued Bachelor in Business Information Technology.I am 6th born in a family of 8. my parents are both retired.I was employed for one year then i resigned to business.I started this business because i wanted to be self employed and my own boss.I use the profits for my business to restock and expand my business and also gather for my basic needs.I am aggressive woman and very social and this has played a big role in expanding my business since i can network and convince clients easily to purchase my products.

My Business

I have specialized in women shoes,clothes and handbags and i source my goods mainly from China and Uganda because it is more cheaper quantity wise and of better quality.I sell to all clientele and have networked clients through social media to widen the customer base.I do mostly online business and i have a page in face book called alldivas collectionshttps://www.facebook.com/pages/Alldivas-Collections/430958023638096?bookmark_t=page.Though fashion is evolve in there is less risk involved because clothes are not perishable goods some clients prefer clothes of previous fashion compared to the trending ones.I also deal with cash on delivery basis.The monthly turnover is a $950.Rent expenses and other expenses is $200 and re-stocking is $400. I have a physical shop around the CBD Nairobi along mfangano street,swingmart stalls A5.I also do deliveries to clients who are not in town and are interested with my products.This has really boost our business.

Loan Proposal

This loan of $US428.8 will enable me to purchase the trendy moving items in stock.I will use $US215 dollars to purchase the sassy skater dresses .This are the fast moving on the fashion market lately because the dresses can be worn either in the office or as casual wear.The other $US107 will enable me to stock latest tribal dresses which are really liked by many ladies.The remaining $US107 will be used to purchase the aztec and versace dresses.Both are fast moving and of high demand.The payment of the items is cash on delivery so there is no money risk involved once the client has purchase the items.The loan will help me meet the demand of my clients thus i will be able to make more sales,cash flows and increased profits.The returns will be used to repay back the loan and other to add more stock.I will highly appreciate your continued support.

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