More clothing bales to restock my business

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

Am planning to order more clothe bales to restock the business. I am also planning to do some renovation for the new stocks I will buy. Paying bills incase I incur some. I plan to add some money paying the rent and also paying my employee that I work with.

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