Loan to buy handheld hairdryers for my beauty salon

Cecilia

Amantin, Ghana

100% repaid

Follow Cecilia

How it Works

Entrepreneur

Name

Cecilia

Member since

February 2016

On-time repayments

81 installments • 56%

About Me

My name is Boatemah Cecilia a young lady of 37years. I am a native of Amantin in Brong Ahafo region (Ghana). My parents are Mr. and Mrs. Boateng. I am married to Mr. Kotoka Emmanuel and we had two children.
I started my basic school at St. Martin Roman Catholic school in Amantin. I continued to AMASS senior high school at Amantin for my S.H.S education. After I complete S.HS., my parents do not have money so I decide to learn a trade (Hair dressing). After completing learning the trade, I met Mr. Kotoka who married me later. My dream is to help my husband take good care of our children. My best food is rice with beans stew. My hobbies are swimming, playing with my husband and children and also watching movies.

My Business

I comensed this business after marrying Mr. Kotoka. It is my wish to take good care of my children. My hair dressing business only deals with women. This business has been of great help to me. It is the main source of income to the family. It has also helped me to cater for my two children. I manage to get $55 every week. I have three apprentices whom I am teaching the trade. It is my ambition to raise my profit margin by 80% in the next three months. The profit gain from this business will be invested into my children's education.

Loan Proposal

Thank you dear lenders for the first loan. I used the first loan to purchase a hair dryer. This dryer has helped me serve more customers and it has a long way to increase my profit. It has also increased my start-up capital. Once again I am very grateful.
I would be very grateful if you could offer me the second loan of $197.00. When granted this loan, I will use it purchase three(3) hand hair dryers for my beauty salon. The addition of these hand dryers will aid me serve more customers thereby increasing the number of my customers. After increasing the number of my customers, it will help increase my profit to about 75%.
Dear lenders, when this second is given to me, I will manage it well so that I can employ two more apprentices. I promise to repay the full amount with its service charges. Thank you.