Hair extensions

Entrepreneur

About Me

My name is Margaret Mutoba，an entrepreneur, mother and a wife. I grew up in ndola, on the copperbelt to be precise. I was raised by a dedicated business woman who was into horticulture and landscaping, she also directed a primary school. In short, I grew up in a business environment. I completed my grade 12 in 2010 at kabulonga girls high school and later did a short course in law at the National institute of public administration.
My husband is the one that introduced me to my business, he showed me how to buy things online, from china and that's how i started doing it on my own.
One thing I love about my Country Zambia is that we are peaceful and indeed the real Africa.
I love meeting new people and trying out new things.

My Business

I run an online store called Maggie's online store，I am a Wholesaler and Retailer of Men and women`s clothes, shoes, handbags and 100% human hair weaves. Other services I offer are sourcing for clients from China at a fee.

China has become the world`s leading market and people want to source from there, I am positive that I have established the clientele as I have been doing this for some time now.

People will always want to dress up and look good so they will always buy clothes, shoes and handbags in hopes of trying to keep up with the latest trends.
I chose this kind of business because it is convenient for a stay at home mom, i get to work on my phone and less movements and running costs.

My typical costs and expenditure are on WiFi to enable me browse the internet for what I should advertise to my customers and also for my network marketing which is a monthly cost because when I buy a bundle it lasts 30 days. Costs like shipping and Tax are paid for by my customers, I use their money to order on wholesale

My profits from the Sourcing are usually reinvested to order items I can sale on Retail because I am able to sale for a higher price on retail than I am on wholesale. I do use it for home improvements from time to time.

Loan Proposal

I will use this loan to buy hair extensions and resale, I will also buy some clothes that I will sale on retail.
Ladies always want to look good and the hair extensions are always on demand.
I expect a profit increase of 60% percent which will then help me reinvest

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