77 installments • 68%
Since childhood I had the interest in becoming a business but after school I did not get any financial support so had no capital to start. I had to sell sauchet water before I was able to raise my capital . My interest was to sell costmetics which I am presently into but because my capital was not that much I can not purchase many to sell. I love Ghana, it is a peaceful country. My children want to be doctors in future and lawyers. I like trading.
I sell cosmetics, body lotions, creams ,perfumes, body splashes among others. I buy them and retail. They are very useful, everyone especially ladies want glowing skin so they petronise a lot. I use the profit to reinvest in growing the business. It is my dream to expand my business. Day in and set out people need body lotions and creams and other cosmetics so I really love my business. I will like to get a bigger stop for my business.I have now added selling of ladies shoes and I need a bigger loan for my business .
As we are in this era of Covid 19 pandemic, businesses are not moving as we wanted but I thought of adding hand sanitizers and face masks to my cosmetics, which I did with my previous loan and it moved fast for me. Due to the high demand of these, if I am given this loan, I will use it to purchase more of the sanitizers and face mask. Thanks
Inspite businesses are not going on well, I purchase products which people demand day in and day out as a result I still sell them and make profit. I think with the little I sell I will be able to pay my loan. I also do online training of soap to people on a fee, so I earn extra income apart from the shop. Thank you
May 12, 2020
Cost to entrepreneur
Service fee: $0.63
Credit risk payment: $0.76