Super-overlock machine & inventory

Entrepreneur

About Me

My names are Jones Mwang'ombe. I was born in Mwatate, which is a location in Taita taveta county in the Coast province in Kenya. Went to primary and later secondary school still in the village. Being the first born in a family of seven children, life was not easy. Sometimes l could be forced to stay out of school and help my parents cultivate our neighbors gardens so as to put food on the table. Despite the up's and downs, l managed to complete my studies. On completing school, my Uncle came with me to the city where he resided. He helped me enroll to a college named MOMBASA INDUSTRIAL TRAINING CENTRE -(MITC) where l studied Fashions & Designs. On completion, l came out armed with my certificate at hand. I hustled for about two months, then l got a casual job in one of the restaurants around. I started saving on a serious note bearing in mind my background. On the second year, l managed to buy a second-hand manual sewing machine which l used to stitch clothes during my off days and part times. l felt good because l was earning something from what l studied. After working for three consecutive years, l felt it was time to quit. I went around, identified the shop and after considering all the factors, went ahead and started my business. On Sundays after church, my wife, three daughters and I do go to the beach and enjoy God's blessing on our land. This Indian ocean made our people develop a calture of resting on shore every Sunday. My first born 13 years now aspires to be a journalist. A tv anchor to be precise. My second born wants to join the millitary when she grow and the third one wants to be a Hostess in one of the airlines.
I'm a football lover. I do play soccer with a local team. When l get some free time, l do watch gospel songs on tv and even football matches on various leagues worldwide.

My Business

I do design , stitch and sell new clothes. On this civilised world, clothes are very important because NO human being can live without hence making this kind of business stay on demand always. I chose this business whole heartedly because I do feel previlaged to making people look smart and as well stay on the latest and trending fashions. Our prices are always reasonable and also affordable to all classes because there is a choice for everyone. A blouse & skirt can go for 2000 KES and a shirt & trouser for 2500 KES. During the high season months ( April, August and December) l do have good profit whereby l pay school fees for my children and even put some boosting to the business.

Loan Proposal

My dear Lenders, I have put an application for a new loan and I intendto use it as follows:-
700 dollars will be used to purchase a Super Over lock machine.
400 dollars will go to buying 4 rolls of suiting fabrics of different colours.
70 dollars will be for 40 pcs of the big threads in different colours.
The remaining 20 dollars will be for transport.
I expect to make a profit of around 250 dollars after the sales.
My cherished Lenders, I believe that you're going to see me through as you've ever been. I promise and commit to remain faithful bearing in mind the far you have taken me. May our God richly bless as you prepare to fund me. Thanks

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