Ally sells used clothes in a busy area of Ilala district of Dar es Salaam. He has five years experience in this business. He buys bundles of used clothes from wholesalers, repairs and cleans them before he offers them for resale. This business has helped him generate income for his family of a wife and three children.
He wants to diversify his business by adding shoes. His strategy requires an expansion of the current premise, buying a stock of shoes and a reserve of working capital.
Ally is well known in his area and he is sure to make good sales with this new business. A loan of USD550 will help him implement the strategy.
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