Building expansion and the purchase of stock

Entrepreneur

About Me

I was born and raised in Sumbrungu where i begun my School. I had many friends during my childhood and was the shy and quiet type of kid.

I lost both my Parents in my second year during my Senior High School, life afterwards was unbearable as i have siblings who are are young and can't afford to take care of themselves. All the family members turn deaf ears to our plea for support. I managed with life and face all the difficulties and completed my Senior High School.
I traveled to the nations capital, Accra in search of greener pastures where I met a childhood friend who later introduce me to a friend back in the village whom father is a political youth leader, Mr. Paul, he called me to his house in Accra and we discussed about my results and grades which he was very happy upon seeing a copy of my results. Mr. Paul connected me to somebody in the education ministry who work out everything for me to get a job as a pupil teacher back in the village. In the teaching field i then gathered some some money to start my business which was a dream come.
I saw that that working as a pupil teacher my pay was not much enough to carter for my siblings. And a thorough study of my community decided to venture into business.
My community is located at the remotes area in the region but our rich culture and important landscapes makes one of top destination for local and foreign tourist. During our cultural festival, the dressing of our ladies, drumming, singing and dancing always becomes a national topic of discussion on state media. Our culture is so unique that not even our political leaders can resist visiting.
I was a sportsperson in my days of school. My hobby was volley ball which i lead my school team to win a lot of trophies.

My Business

I sell mobile phones and accessories.
Mobile phone are becoming an important part of us and with the growth of telecommunication technology, mobile phones have become of much demand.
Am selling mobile phones not just because of the advantages and profit in the business but the troubles you go through in acquiring one for yourself in my community just by traveling all the way to acquire phone or accessory.
The cost of my business is GHS5000 and my revenue is GHS8550.
I use the profit of my to take care of my siblings education and reinvest the remainder into my business.

Loan Proposal

I will expand my store building which will cost $200.
This will create more space for more goods to enter and customers to move freely.

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Loan Info

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