Selling of clothes

Entrepreneur

About Me

Lenders, my name is Eric Boadi . I am a native of Noberkaw.. I was born on the 16/03/1984 by mr and mrs boadi. According to history, i was born through a traditional birth without any problem. Both of my parents did not have any form of formal education. This affected my education because of lack of support. But my lenders, i did not allow my inability to pursue higher education affect my life negatively. I realised that , i had the potential to do business. I started by selling second hand clothes in the street and at the market during market days. This fetched me some good money at the end of every week. I realized that, if I get some financial help and expand my business , I will make more profit in the future. It is my desire to see my future children to attain high education and become useful citizen in the future., I enjoyed reading story books and watching of film during my leisure time.

My Business

As already indicated, I realized my business potential at a very early stage of my life. i came to this conclusion after realizing my parents were not financially strong to see me through attaining higher education. After getting some seed money from the sales of foodstuffs from the farm by my patents, I started selling of second hand clothings. I sell different kinds of clothes. In fact my lenders, I have never regretted entering into that business in addition to my farming. I will pay back my loan from the sales of the clothes weekly and also from sales of foodstuffs from the farm.

Loan Proposal

I would like to use this opportunity to thank my lenders for the continuous help they have been giving to me since I joined zidisha. Selling of clothes is a very lucrative business in my locality. This is because, I am the second person to sell clothes in my locality. Because the loan I get from zidisha is interest free, I sell my goods at a lower price than others and this has enabled to sell at a faster rate. My kind and generous lenders, I will use the loan to buy and sell different kinds of clothes to my customers, thereby expanding my business. My loan will be used to buy the following
Pair of jeans trousers=$80
Lacost T-shirts=$50
Long sleeve shirts=$50
Blanket=$60
Belts=$30
Transportation=$30
I am sure that if I get the loan and sell these items, I will increase my profit to about 8% of my existing capital. I am counting on your help lenders once again. Thank you.

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