Stock for my shop

Entrepreneur

About Me

I am the second born in a family of 9 children. My parents happened to be low class citizens with megre earnings from casual jobs. with this minimal income they were not able to pay my school fees as well as for my elder sister. therefore I relocated to the capital city at age of 19 to seek employment inorder to provide for my needs and also to support my family. after long struggle I managed to save and open a second cloth selling shop that i run to date. in my locality life is so hard that only hard work pays.

My Business

I run a small scale second hand cloth selling shop in the city of Nairobi. Its from this business that i obtain all my income that goes along in providing my family needs. I landed in this business because I had previously been employed to sell the same produts and so I got a lot of experience in the same. my earnings from this business has all along been helpful in covering recurrent bills such as rent, food, transport, school feees etc. I started small but has since grown and still looking forward to expand even to a larger scale.

Project Proposal

The following are the wholesale costs of bales of different classes of second hand shoes in the market at the moment;
Mixed shoes grade 1 approx 45pairs @ Ksh14,000
Mixed canvas approx 45pairs @ Ksh10,000
Creme Adult converse 50 pairs @ Ksh24,000
Creme kids converse 70 pairs @ Ksh 24,000
Skate shoes @ Ksh.14,000 approx 12 pairs
In my first project I managed to purchase Mixed canvas of 45pairs at 10,000 due to insufficient capital.

In this project proposal I plan to go for Mixed shoes grade 1 of 45pairs 14,000. It is my objective to diversify my stock with all kinds of shoes. This will however increase my income further and I will also maintain my customers by satisfying their needs.

Because a bale costs Ksh.14000 ($108), I will therefore top up the balance of Ksh. 7000 ($54) from my savings to meet the required cost.

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