Expand my provisions shop

Sandra

Sunyani, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Sandra

Member since

March 2015

On-time repayments

179 installments • 91%

About Me

My name is Sandra Amanim Kwartemaa. I come from Sunyani in the Brong Ahafo Region. I started my basic school at Sunyani Methodist School, I furthered my education from there to Komfo Anokye senior high school. i have also completed the tertiary at sunyani polythenic.My parents are farmers by profession. I am the general owner of God First shop. I choose this kind business because my place or area is very good in that business and that place was were I was brought up. Because my place is a new site and people travel to Sunyani for daily goods. If am being given $100 in a week I can get $38 to $45 profit a week. The loan will also help me to expand my business and also employ more people. When I completed my secondary education I was employed in a shop and began to identify the needs of the community. With the little savings made I started my own supermarket shop. I can see that the community need these daily items in their homes.

My Business

God's first shop is the name of my provision store. I started this shop in my area because there are a lot of people in that area and they will be needing these daily items and food for living. Since I started this business, I can see that people are always at my shop purchasing. The main products include,cooking oil, milk, bread, tea, sugar and rice which workers rush to my shop daily for these products. Also laundry products like, soap, soap powders and detergents are sold in my shop. The main motive behind me choosing this business was that, everyone will need this in everyday life. If I invest let say $ 100 within a week I can get $50 profit because as soon as I bring the goods community people come in and purchase them. My business capital is small and I need money to purchase most of the products in order to attract more customers as far as the community population is concerned. The profit will also be used in reinvesting

Loan Proposal

I have completed my previous loan successfully and was able to stock my shop with the loan. When granted this loan I intend to open another branch of my shop at different location where most people have to move several kilometers before they get the products like rice, milk, sugar, cooking oil, detergents and others to buy. I believe that this loan will help me to achieve this. This will ease the stress people go through before they are able to purchase all this products. Again I will employ others to work in that shop hence creating jobs for others. By so doing my profit can increase by 40%.