Adding more hairs to my shop

Asiedu

Berekum, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Asiedu

Member since

January 2015

On-time repayments

55 installments • 44%

About Me

I am Asiedu Patrick from Berekum. I live in Berekum in the Brong Ahafo Region of Ghana. i stay at Nyame Nnae and can be located near Nyame Nnae hotel. I had my primary Education at St Augustine's R/C Boys. I have four siblings and happen to be the second born of my parents. I had my secondary school at Berekum Secondary School . I then further at St.Joseph's College of Education at Bechem. I teach at R/C St. Monica's JHS in Berekum Municipality. When i completed my secondary education, life was very hard for me because i was not able to get work to do.one day i meet a woman and she said was looking for a store boy to work with then i told her that i can do it.through the savings i made for the pay she paid me i was able to start my own business and the little profit from my store i was able to continuous my education into college of education .

My Business

The name of my business is Spoke Hair Shop. It is located at Berekum near the Golden City Park. The actual goods and services i provide are selling of hair like supper star, brazilian hair, royal human hair,natural human hair etc. The goods are useful because the women want to be look nice and beautiful and it is fast business in my area. The main motive behind me choosing this kind of business is that, the goods are highly demanded because the women always change their hair every week because they want to be very beautiful and attractive. If i invest let say $ 174 within a week i can get $80 profit because as soon as i bring the goods people come to buy. Even sometimes they pay before i go and bring the goods. My capital is small that is why i am pleading with you to help me expand my business with the loan.

Loan Proposal

Thanks to all my lenders for helping me with my first loan. I will use $50 to buy supper star,another $50 brazilian hair,I will also another $40 to buy royal human hairs and the remaining $34 to buy natural human hairs . This will create a lot of benefits to myself and others because i will employ a lot of people of which i will pay them, Also a lot of people will get goods they are in need to buy to prevent them from going out side berekum to buy. I will also get money to expand my business and also to feed my family. I also expect my profit to increase so i can expand my business