Hair extensions to sell in my beauty salon

Boadiwaa

Amantin, Ghana

100% repaid

Follow Boadiwaa

How it Works

Entrepreneur

Name

Boadiwaa

Member since

February 2016

On-time repayments

120 installments • 56%

About Me

My name is Boadiwaa Comfort a young lady of 33 years of age. I come from Amantin in the Brong Ahafo region of Ghana. My parents are Mr. and Mrs. Boadi. I am married to Mr. Appiah Vincent and we had only one child.
I started my basic school at St. John Anglican basic school in Amantin. I furthered to Amantin senior high school at Amantin for my Senior High education. After completing my Senior High School, financial constrains set in so I have been sent to go and learn hair dressing as a trade. After completing learning the trade, I met Mr. Appiah who married me 6months after. It is my dream to help my husband cater for our children. The food I like best is fufu and groundnut soup. My hobbies are reading interesting story books, playing with my husband and child and also watching movies.

My Business

I started my business after getting married to my husband. My aim is to assist my husband take good care of our children. My hair dressing and styling business only deals with women's hair. This business has helped me a lot. It is the major source of income to the family. It has also helped me to assist my husband to cater for our child. I manage to get $52 every week. I have only one apprentice whom I am teaching the trade. It is my dream to increase my profit margin by 70% in the next 2months.

Loan Proposal

Thank you dear lenders for the first loan. I used the first loan to purchase a hair dryer. This dryer has helped me serve more customers and it has gone a long way to increase my profit. It has also increased my start-up capital. Once again I am very grateful.
I would be very grateful if you could offer me the second loan of $197.00. When granted this loan, I will use it purchase artificial human hair for my beauty salon. This will aid me to do more weaving of hair. It will also aid me serve more customers. Most of my customers are interested in weaving their hair using artificial human hair. Therefore when this second loan is offered me, it will help me serve the interest o f the majority of my customers. With this, my profit margin will be increased by 65%.
Dear lenders, when this second loan is given to me, I will manage it well so that I can employ two more apprentices. I promise to repay the full amount with its service charges. Thank you.