Inventory in second hand clothes

Entrepreneur

About Me

my names are Dominic Kamande. my freinds call me domii.i was born in thika, central province in Kenya.I started going to primary school in 1994 where I used to walk along distance because the school was so far away from home. there after, I joined high school in 2002 and sart for my kcse in 2005 and every year I used to cover like 2 terms in total due to lack of school fees.am 5th in a family of 8 and am married man with no child.

My Business

after school I worked in a car wash and after saving for a long time I opted to start hawking second hand clothes,as you know it,it was one of the very difficult job to do because it required alot of physical strength and sometimes hectic due to run away from city council askaris who kept on restricting us from selling our clothes on the streets.and because of these many problems I decided to rent a shop where I put my clothes.the job started to pick and I had been making a good sales but the challenge is to get enough capital to fund the business to meet the clients demand.if I can get a loan and buy a whole bale of second hand clothes I could earn a good profit and expand the business where I can be able to meet customers expectations and earn more than 30 percent extra because when you buy in bales its cheaper hence making good profit margin.

Loan Proposal

I sell second hand clothes on a rented shop where i sell several types of clothes like shirts,trousers,socks,tshirts and bikinis.I bought them in small bits in our city markets.They have been fetching good profits that has enabled me sustain my family but the problem is i cant meet my customers demand due to insufficient capital.If I can get a loan i would be able to buy a whole bale which cost 200 dollars.I have been able to save 100 dollars from my business and buying clothes in bales will enable me increase my profit in a big margin and meet my customers demand because its cheaper to buy clothes in bales than in bits.Thats why am requesting you my dear lenders to assist me with 100 dollars so as to add to my 100dollars saving and buy a whole bale which is cheaper and with good returns.

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Loan Info