Introducing new items like shoes and ladies accesories

Entrepreneur

About Me

As you know my business has been canvas bags and the last loan was to finance bag orders that I had, unfortunately, I had some emergency and diverted the funds. On the positive side the orders were not cancelled hence I will still supply the orders.

My Business

I have been only doing the bags business however most customers have mad enquiries for other ladies products like shoes, clothes, jewellery and other accessories. This has come from repeat customers I have decided to add these items to my business since my clients are asking for them and will increase my customer base. If I get funded ill build this business to be a one-stop shop from bags clothes jewellery and shoes for the ladies. Most of my clients are located outside the Capital hence they like the fact they don't have to travel to get the goods the can get them by ordering onlice and I send them as a parcel. To be able to make a profit I have to buy items at a certain minimum quantity from wholesalers and importers to be able to be accorded the wholesale price.

Loan Proposal

I plan to purchase shoes and jewelery to add to my bag business. I will get the shoes at the price of 280 and resell them at 500. also the jewelery at 30- 100 and resell at 50 and 200 repectively.
I intend to get casual shoes the rubbers and some official shoes that go for 1200 in wholesale to sell at 1600. I'll get 20 pairs for a start at 24000 and jewelery worth 5000. The balance Ill add my bags inventory.

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Loan Info

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