Loan to expand my african beads business

Entrepreneur

About Me

I am Gladys Boamah, a Ghanaian, and a graduate From the Accra Polytechnic. An HND holder in Hospitalty management. I am from a family of eight and the third of my siblings. I am currently working. Despite my educational background I have entrepreneurially driven.
I am young lady who is aspiring to become an entrepreneur in order to contribute to the socio-economic development of my community and encourage and support new start-ups in my Region and Ghana has whole.

My Business

My small-scale business is basically about the buying and selling of African beads. Ghana, Agomenya to be precise, is modernly considered the epicenter for recycled glass bead-making on the continent. Wearing of beads cuts across cultures, religion, ethnic barriers and gender in Ghana. African beads in Ghana comes in many forms ; as bracelets, anklets ,chains, pendants, rings, and waist chains, purse, sandals, etc. It used to be worn by Royals to display their beauty and wealth.
Over time, the wearing of beads has become more widespread due to the prestige attached to it hence increasing the demand for the product. However, its importance has remained and it is held in high esteem by all cultures in Ghana, not only by Africans in the diaspora but also tourists. Since I find myself in the Hospitality industry, this business venture has been amazing because I am always in contact with tourists who create a ready market for my beads. As a business strategy, I sell out my African beads to individuals, students, and government workers at a relatively lower prices and this has attracted a high demand for my goods.
Despite the high demand for my beads, I am financially challenged and would like to use this platform for a loan to expand my business

Loan Proposal

I am Gladys Boamah, a Ghanaian, and a graduate From the Accra Polytechnic. An HND holder in Hospitalty management. I am from a family of eight and the third of my siblings. I am currently working. Despite my educational background I am entrepreneurially driven . My small-scale business is basically about the buying and selling of African beads. Wearing of beads cuts across cultures, religion, ethnic barriers and gender in Ghana. My beads comes in many forms ; as bracelets, anklets ,chains, pendants, rings, and waist chains, purse, sandals, etc. Over time, the wearing of beads has become more widespread due to the prestige attached to it hence increasing the demand for the product. However, its importance has remained and it is held in high esteem by all cultures in Ghana, not only by Africans in the diaspora but also tourists. Since I find myself in the Hospitality industry, this business venture has been amazing. I sell them out to my fellow workers, tertiary student and also sell them out to retailers. However, despite the high demand for my beads, I am financially challenged and would like to apply for a loan of $ 150 in order to expand my business. I would pay this loan from my sales. I am counting on the lenders to use their good office to support me. Counting on your support. Thank you

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