Forum Comment
Moussa Souley

Clothing Sales

About - Moussa Souley
Moussa is 30 years old and was born in Maradi, in central Niger. He now lives in Niamey, the country’s capital and largest city. Moussa is not married, but has 14 brothers and sisters. He is finishing his degree in communications at Abdou Moumoni University, and currently works as an English teacher at L’eau de Vive school, earning CFA 95,000/month, though the pay is not always steady. He speaks Hausa, French, and English, and is eager to move into private business to test his entrepreneurial skills.


BUSINESS PLAN

With help from 50/50, Moussa plans to open his own clothing retail business. Moussa plans to travel by bus to Lome, Togo (round-trip 36,000 CFA) to meet with potential suppliers and make an initial purchase of approximately CFA 50,000 worth of clothing to begin his inventory. Moussa estimates that shirts and pants that are available for purchase at CFA 1,000 in Lome can then be sold for CFA 1,500-2,000 in Niamey. Likewise, shoes that sell for CFA 3,000 in Lome can fetch CFA 5,000 at market prices in Niamey. He plans to seek out the most fashionable and popular styles that would sell quickly at the market in Niger.

After the initial trip to build relationships and reach agreements with several suppliers, Moussa plans to increase his profit margin by taking two steps aimed at reducing the costs associated with each subsequent shipment that replenish his inventory of clothing: First, he intends to send money via Western Union to his mother (who lives in Lome) in order to pay his suppliers; Western Union typically charges 10% on such transfers. Second, he will then have the next batch of clothing sent to him via public transportation, paying a small fee for carrying the cargo. Whereas the overhead costs for his first trip were CFA 36,000, his next shipment (and each subsequent one) of CFA 50,000 worth of clothes will incur overhead costs of only CFA 15,000.

Message From Lenders
Pages: 556 of 676   -Prev 551 552 553 554 555 556 557 558 559 560 Next+  Go to Page:   
viagra commercial model buy cheap viagra online how much viagra is too much buy viagra
Posted on
27 Aug,2018
australia buy cheap cialis online cheap cialis online next day brand cialis only online buy cheap cialis online
Posted on
27 Aug,2018
how to take viagra for best results cheap viagra viagra single pack buy viagra
Posted on
27 Aug,2018
viagra vs birth control generic viagra new viagra for women buy viagra online
Posted on
27 Aug,2018
buy cialis mexico cheap cialis online cialis generic paypal buy cialis online
Posted on
27 Aug,2018
what colour are cialis tablets generic cialis lasix and viagra cialis generic pronounce buy cheap cialis online
Posted on
27 Aug,2018
cialis cost http://cialpharmedi.com/ buy tadalafil online online cialis
Posted on
27 Aug,2018
buy cialis online in india buy cheap cialis online legitimate buy cialis online buy cialis
Posted on
27 Aug,2018
natural forms of viagra cialis generic buy generic cialis online low blood pressure canada buy generic cialis buy cialis
Posted on
27 Aug,2018
brand viagra http://viagraocns.com/ viagra for sale generic viagra online
Posted on
27 Aug,2018