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 .
If I am given the loan I have applied for, I will use it to buy more personal protective equipments because they move fast as everybody need them to protect themselves from coronavirus. I paid my previous loan before due date because I sold all personal protective equipments out very fast and made profit from it. I will also use part to buy more makeup and other cosmetics products for my shop. I hope my loan application will be considered please. Thank you.
Many businesses and employments are currently not able to operate because of coronavirus outbreak, very true. I thought of this that is why I added products that are needed day in and out because people need these personal protective equipments to protect themselves from coronavirus. Although businesses are not moving, these products still move faster and I will get money from it to pay my loan. I also do online training for a token which I can also use in paying my loan. I will be able to pay my loan if I am given one. Thank you.
Jul 20, 2020
Cost to entrepreneur
Service fee: $1.52
Credit risk payment: $1.01