Funds to expand the clothing business

Entrepreneur

About Me

My name is Kamungoma Sikwa.I was born and grew up in Mongumin the Western Province of Zambia.I started my education at Mongu Day Primary school and completed my high school level at Sefula Secondary School.Through perverance in my life worked i did over come hard ships.By becoming a business man, i started selling charcoal which is used on the brazier for cooking food.In our African Traditiona we call it African stove or Cooker.Through which i did raise more funds to start another business and opened a shop.

My Business

My business is clothing sales and i sale both second hand clothing and the new clothing.The demand is very high because were am situated in mongu is the out skirt of town.Hence most people have no choice but to near from the nearest store.The goods are useful because people use them as clothing to wear.I choose the business because it is profitable.I spend ZMW 5000 and i generate ZMW 1500 as profit which i use to reinvest in the business.

Loan Proposal

I need to raise funds to buy 4 bundles of second hand clothing and a 2 bundles of new clothing.4 bundle i will cost me $ 350 and am expected to generate $100 per bundle.As the 2 bundles of new clothing i need $200 and i will be expected to generate $50 as revenue.This will make my business grow and help my family members get better education and improve the living standard.

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Loan Info

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