Gas cylinder,gas burner, iron,blender for my store
Cecilia
Prestea, Ghana
$569 to go
0% funded of $569 goal
0
days left
Entrepreneur
Name
Cecilia
Member since
July 2017
On-time repayments
19 installments • 84%
About Me
Cecilia Ackom is my name, 27 years young energetic lady. I attended school at Experimental JHS. I passed and moved on to SHS at Prestea Senior/Technical School and completed in 2010. Although it was hard for me going through JHS and SHS I manage to pass through because I had the vision of giving my children a good foundation. Going into business was the my best option because of financial challenges. I started my electrical shop with my small savings selling on a table. Electrical appliance shop is in demand for inhabitants have started building modern house which demand all kinds of electrical appliance . Distributor also help by giving on credit basis. Am still single and I want my future children to be a lawyer and computer scientist. I like reading and singing.
My Business
I provide retail of electrical appliances like iron, kettle , gas cylinders, burners, blenders. I like in a town where people started building modern buildings not long ago because formerly there was no electricity in the town but now electricity has been installed hence the need for electrical gadget and appliances. My typical cost of doing business is $1100 because it a small town which is growing fast due to the recent installation of electricity in the town. Am looking at a profit increase of $30 to $35 daily. My profit goes into reinvestment and home upkeep.
Loan Proposal
This loan will be used to buy goods to stock my electrical appliance shop to meet demand this Christmas. Below is my list:
electric burner (2)=$100
gas burner (4)=$100
rice cooker (3)=$90
Kettle (2) = $20
Electric iron (5)=$80
LPG cylinder (4)=$100
Blender(2)=$50
When I am able to buy all this stock it will create more profit for me as I will be able to meet customers demand of everything they need. I expect profit to increase to $40 daily on a good day.
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Loan Info
Project Type
Classic Loan
Amount requested
$569.00
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