Retail of highly demanded second hand clothes

Entrepreneur

About Me

I am Clement Ogola, live in Ogera village and I am a businessman dealing in second hand clothes, mainly women wears.
I sat for my Kenya Certificate of Secondary Education in the year 2010 at Atemo secondary school. I obtained a mean grade of B-.
Due to lack of school fees to further my education, I started buying kitchen wares at cheaper prices, market and sell them.
I am married and fathering a daughter. So far I have bought three goats with the profit I have made from the business.
I like inspiring fellow youths to live their dreams and believe in themselves.
For the rest of my life,just want to enjoy freedom by being innovative in business field and help create many opportunities for young generation.
I like playing ball games during my free time.

My Business

I do sell second hand clothes commonly refferred to as mitumba in Mbale town. I have a shop where I display my merchandise and have a good sales reputation.I deal in second hand clothes that I source from the wholesalers from the open air market in Nairobi.
I have always encountered a setback due to bad debtors but it most of them nomarlly settle .I make an average of $90 monthly profit.This is after expenses of averagely $60 hare been deducted.My source of income to help me repay the loan shall come from my business which is stable but require expansion to capture more clients.
I`ll ensure I abide by zidisha regulations outlined and repay the loan promptly.
I humbly look forward to your positive response in regard to my application.

Loan Proposal

Once I get the loan,I`ll use half of the money to purchase more stocks because there is demand of a certain variety of clothes which I haven't brought yet because of fund deficiency. Part of the remaining amount I`ll use to set up a stall in my place of sale.This will help attract many customers because the normally require a place to rest before making purchase. The shade shall help me during rainy season from bad weather conditions. I look forward to having a number of outlets to expose myself big time.
I believe I can do it, if others like Ortega did it, why not me?

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Loan Info

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