Inventory for my secondhand shoes business

Entrepreneur

About Me

My name is Sulemana Mohammed from the Northern part of Ghana. My parents are Mr. Sulemana Moabib Mohammed and Mrs Amina Mohammed. I had my education at St. Luthen international school where i sat and passed my basic education certificate examination. I went to Tamale senior high school for my senior high school education.
I did extremely well in WASSCE.
Due to financial constraints my education to the tertiary level delayed but through hard work and perseverance i managed to get myself admitted at the university for development studies. I started a business and the proceeds from the business help my reached that feat of being admitted at the university because my parents were financially incapacitated.

My Business

I sell secondhand shoes to my fellow students who are in need of those goods at affordable price to raise money to pay for my campus accommodation and tuition fees. The business has been good and has offered me enough money to cater for my daily expenses in school. I am into this business because it is very good and give me more revenue to pay for my tuition fees and accommodation. It is very easy to operate too.
The demand for the goods is very high. 400 dollars goods can generate quite an outstanding profit. The profit is re-invested into the business to grow it.

Loan Proposal

The loan would bring relieve to me as I will use it to procure more shoes and sell to generate enough profit to enlarge my business and repay the loan on time. I will need about 105 dollars to carry out this business expansion project. When this loan is granted it will help me to complete my education and eases the pressure on me when it comes to the payment of school fees. thank you.

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