A loan to purchase clothes for my boutique

Entrepreneur

About Me

My name is Isaac, I grew up in a humble background.I and my two younger siblings have always worked hard in life.I my parents when I was 17 years old. I have struggled hard to make ends meet.I passed very well in my high school level and joined college to study sales and marketing.
Ever since I started my clothing business, my life has been improving through the profit I generate.I have also learnt the importance of help others by enlightening them and at times giving them business I ideas to start business with.
I have grown up through hardship but I have learnt how to overcome such challenges

My Business

I deal with clothing business, I sell clothes for both men and women and for the children also.I sell male and female trousers, I sell shoes also.
When I wanted to start this business I didn't have enough capital so I asked help from my relatives who agreed to support me with the initial capital.I also added my personal savings to open my business.
When the business is good per week I generate a profit of $50 after deducting all the business expenses, I use some of this money pay school fees for my siblings and to safe the other remaining.
I started this business because the rate of unemployment is high and I had to look for other alternatives ways of raising money

Loan Proposal

I'm kindly requesting for this loan to use it in increasing a stock to my clothing business. I'm planning on using this money to add ten pairs of men shoes which will cost $60 and ten pairs of women shoes costing $40.I'm intending also to introduce a new Children fashion clothes.
If I manage to add this commodity to my business,Per week I'll be able to generate a good profit of $100 .I will use this profit to expand my business so that I can employ more staff. Many youths in my community don't have jobs thus I planning on supporting them by inviting them to join me in selling clothes.
If you grant me this loan so that I can expand my business the profit will grow to $150 after deducting business expenses.

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