Second hand cloths to pay school fees

Entrepreneur

About Me

I am Sarah ,I am the second born in our family. I grew up in a village and my mom was the sole bread winner since my dad passed on when I was 12years old, Since my mum had no job life was so difficult,I had to endure hunger and long distances to school. skipping a meal was part of my life. I dropped out of school at form three but was taken back the following year by a well wisher . I completed secondary education and joined university of Nairobi to study business administration. I am now in my third year of study.
I started business of selling second hand cloths while in my first year at the campus. I noticed that most of my friends wanted unique and good things but had no time to go for shopping. I could go to Gikomba market and buy nice cloths and resale them to my peers. The business picked up well and it has helped me pay my fees as well as pay my bills.
I love watching movies and social work. I always spend a lot of time with orphans and less advantage in the society. I believe it is always good to inspire others. I encourage them to work hard and things will always work out.

My Business

I provide good quality second hand cloths to my peers. I always go for shopping during my free time ,find some nice cloths and resale them to my peers.
The demand for my cloths has been rising with time because I choose nice cloths and of good quality .I also tend to go with the current trend and styles to make sure I meet my clients needs.
I choose these business ,because it required little capital to start and easy to manage.my monthly revenues are $200 and my monthly typical costs are $50.
I use my profits to pay my college fees , pay fees for my siblings and reinvestment in the business.

Loan Proposal

Dear lenders,I am kindly requesting for $150 loan to help me buy more cloths for resale .I will use the money to buy sweaters and jackets that I would sell during these cold season when these goods are moving. The goods will add my revenues and enable me to clear my college fees so that I can sit for my exams at the end of the semester.Thank you

Feedback

Loan Info

Lenders