Adding to my second hand clothing selling

Entrepreneur

About Me

I am Addai Asamoah Richard born on the 25th of August 1983 and have completed a diploma in basic education and now have a certificate on it.I passed through a lot before getting into school I was using a scale to go round for people to stand on it to show their weight and gather the proceedings to go on life.I came to the selling of second hand clothing by collecting it in small quantities to sell them from a friend which we call it (go come).the uniqueness of my culture is that it doesn't cost much and it easy to go on anything you wished of. My children wants to be good people's in life n become workers in any government institution after their education. I'm a funeral of imitating others so I like watching concerts on tv n practicing them.

My Business

I am a second hand Cloth seller n in Ghana here apart from the native dresses we wear only this type of clothes because of our middle status income economy this makes me chose this type of business n also it a little profitable moreover it doesn't cost for too much income before u start you only have to get a place n start in small quantities n sell at a moderate price. After every sales I put two thirds of my profit into Susu savings n one third for the house keeping including my children schooling and the money saved to grow up the business.

Loan Proposal

I am using this loan to buy more clothing to sell within this Christmas festivity to expand my business and also get more profit on it and send some of the money to the children's home for blessing upon my work. I can imagine about 70% profit. And the dollar acquivalent will be 23$.

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