Buy shaving equipment to sell in my barber shop

Ahmed

Techiman, Ghana

Expired

$1,980 to go

1% funded of $2,004 goal

0

days left

Entrepreneur

Name

Ahmed

Member since

February 2016

On-time repayments

158 installments  •  75%

About Me

I am the last son of my parents. Unfortunately on my part my parents were almost in their fifty's when I was given birth to. so my parents retired before I completed Senior High School. I have to work in people's shops in order to earn some money .By God's guidance and protection I have graduated from university where I offered diploma in psychology and foundation of education with second class upper division.I have also continue with my post diploma in ICT and mathematics. I am currently the owner of a cyber cafe shop.I established the cyber cafe shop some few months ago. My shop is located just opposite valley view University, Techiman campus.
In the community I live, the people are hardworking and supportive.
My children will choose the work of their choice. I do read inspirational books when am free.

My Business

I have established a cyber cafe shop. I provide internet access, type and print documents, laminate certificates and other documents. I also make photo copies
My shop is located opposite valley view University due to this, there are lots of students from the University who comes to my shop for my services.
I chose this business because am very good at it and it is my field of study (Post diploma in ICT and mathematics) . It helps me financially .
I was fortunate to get the shop for free from my senior brother but the four computers, photocopier machine, laminater machine and furniture cost me about GHS 8000 which is equivalent to $1700.
I will use the profit to reinvent in my shop ,cater for my aged parent, my wife and child.

Loan Proposal

I will use the money to purchase items. Below are the list of items and the estimated cost involved.
Bottles of Pomade for hair (20) =$33.1
Bottles of powder (10) =$11.04
Combs (20) =$8.83
Hair brushes (30) =$19.87
Shaving machines (27) =$ 476.82
Ultraviolet sterilizer machines (16) =$1059.6
Pair of scissors (50) =$44.15
Bottles of rubbing alcohol (20) =$44.15
Bottles of oil for shaving machine (13) =$28.70
Derby Razor blades 100 pack (30) =$150.11
These items will cost me about 1876.4dollars. This will help increase my daily sales and profits. I am expecting 10℅ increase in my weekly sales and profits.

Feedback

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Loan Info

Project Type

Classic Loan

Amount requested

$2,004.00

Lenders

V

Vivek

Arlington, VA, United States

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