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Outside the Box

Men's laptop bags

John DoeJ
EntrepreneurPaulLocationKafue, Zambia
Project status
100%funded
$186raised
100%paid forward

My names are Paul Mwaba, a business man and stockist of different kinds of used bags. Am third child in a beautiful family of seven siblings, four girl and three boys. Family is my greatest support system next year am planing of starting my own family with my girl friend of two years. For me it's more about contribution now, working with two guy who both have wives and small families, it's now about a big picture of the reason why we are business the work we do.

My business is selling different types of bags that ranges from school bags, hand bags, fashion bags and traveling bags.

The bags are on demand all year round and the one that are good for business in terms of profits are school bags, which have a high profit margin and as a business we want to be always highly stocked during the school seasons. The demand for school bags is quit high because new entrants into the educational system will require a new bag as well as those already in there will require to replace there old bags. The cost of a bale of bags is $150 and we are able to sell the bags at $250 with less than $50 in the total expenses in a week we well able to make a $100 profit. which I use to pay for my school fees, house rentals and the rest I reinvest into the business.

I WANT TO BUY MEN'S LAPTOP BAGS WHICH ARE CURRENTLY SELLING ON THE MARKET AND OTHER FASHION BAGS, SCHOOL SEASON AS JUST COME TO AN END AS THE RESULT WE WILL HAVE TO STOCK MORE OF OFFICE, TRAVELLING AND FASHION BAGS.

A SACK OF BAGS IS $150

TRANSPORT AND LOGISTICS $15

SHOP EXPENCE $15

THE PROFIT IS EXPECTED TO GO UP BY 30% AFTER EXPENCES.

THIS WILL ALLOW ME BUILD MY OWN SHOP AT THE LOCAL MARKET.