A loan to sell plastic items to students

Entrepreneur

About Me

My name is Addai Charles. I am fetentaa in the Brong Ahafo region of Ghana. A community of about nine hundred population. The main occupation here is farming. We mostly grow tomatoes. I belong to a family of six. My parents, two sisters,a boy and I. I am the fourth son of my parents. My parents are farmers.
After completion of senior high,I entered into farming business for two years before continued my education. This is all because of financial constraints on me.
After getting some money,I rushed for an application form and God so good, I passed my interview and entered into Tertiary education.
I became a professional teacher in last four years. I am now a school manager in my community.
I am able to use my pass experience to help so many students in my community and beyond. I used to teach Information and Communication Technology in my previous school.
The game I like best is football. Am a goalkeeper in my community team( The Royals).

My Business

I live in a community of about nine hundred population. Majority of them are farmers. Tomatoes are our major crop we cultivate sometimes,customers fail us to buy and at the end,they all get rot.
Since most of our peoples are farmers,they mostly send their wards(school going kids) to farms. This is so because,there is no school in my community here. Some of the children walk about eight kilometers before they reach their school (next town). Majority of the children fail to attend school because of the distance of the school.
I used to teach at the next town(Jinijini) of mine but looking at the condition of my town, I consulted the elders and some religious leaders here and they gave me go ahead to establish a school to lift education high here.
Now,my community is having a school called "DO UNTO OTHERS PREPARATORY SCHOOL".

Loan Proposal

The selling of plastic items is very lucrative here since am the only teacher who sell those items for over two thousand students who are boarding students.
REASON FOR SELLING THOSE ITEMS.
The reason why am selling these items to students is that some of them take it as a previlage to go out from the boarding all because of buying those items. Some of them fail to return on that same day. Also,some get so many problems as soon as they get to the street for these items. It was because of this that gingered me to sell those items to them.
LOAN PROPOSAL
I started with a capital of $400. At the end of my first sales, I got a profit of $90. I have round the business for the past one year and I can now boost of $370 as my profit after spending some parts. In addition, am now having around $ 800 . The business is very encouraging. I am here to raise this loan to buy some of these items:
Container to keep the items ($600)
400 plastic bowels for eating($120)
200 plastic containers for bathing($200)
300 mops (100)
250 dust bins($300)
PROFIT.
If am able to buy these items and after selling them,I will be in a better profit of about $1500. Also,it will make the students to stay in the campus.
HOW TO PAY BACK.
I can pay back the loan from my daily sales.

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Loan Info