Inventory of agro chemicals into my shop

Gilbet

Techiman, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Gilbet

Member since

February 2016

On-time repayments

92 installments • 50%

About Me

Im called Gilbet Oppong. I am 50 years of age, dark in complexion and moderately built. My home town is Techiman in Brong Ahafo Region of Ghana. My parent had five children and am the second born. I commenced Basic Education at the Techiman Demonstration J.H.S and furthered at Techiman Senior High School in the Brong Ahafo Region of Ghana. I pursued my degree at the University of Development Studies (UDS)in Ghana. I am a self-employed. I run my own agro chemical shop. I entered the agro chemical business because of people's high demand for agro chemical products in my area. I have been able to employ three people who give a helping hand at the shop. My hobbies are reading, and watching football.

My Business

The name of my shop is KINS AGRO CHEMICALS ENTERPRISE.It can be located in Techiman along side road.I started the business some years ago.At first i used to sell my products every Fridays only because i was not having shop to sell them.So every Friday is the market day in my town.so i keep my products in my home so every Friday i sent to market and sell them.My based capital at the start of my business was $100.00.I was able to work hard and my business capital raised to $300.00 where i rented a shop where i am now . i sell agro chemicals like fertilizers,pesticides weedkiller etc .I have employed two workers who helps me always.my town is a farming community so my products goes on well for me.I was able to get profit ranging from $67.00 to $100.00 every week,which helps me looks after my family.I need extra amount of $200.00 to help boost my business.

Loan Proposal

Dear lenders ,thank you for granting me with a first loan which has really helped me a lot. My lenders,i need a second loan of GHS1526.00 to help purchase weed killers,pesticides,liquid fertilizer,and some equipment used in farming into my shop.Since i am operating my shop in a farming community,this items has been increased in demand .So my lenders,help me with this loan so that,i can purchase this items and it will increase my weekly profit by 34% and i promise to repay my loan on time.thank you.