Inventory of grocery shop

Entrepreneur

About Me

My name is Daniel Yeboah. I am 27 years of age and reside in Kumasi of Ashanti Region, Ghana. Daniel is from a substitence farming family of 7 siblings and the second male child with father farmer and mother petty trader. As a son of cocoa farmer all could reached in education was Junior High level.However, to make a livelihood was difficult therefore i received help from a neighbour to have a mini shop to sell basic food items.The business since then is progressing steadily and now I'm responsible for my up-keep and furthermore my brother is back to school who dropped out because of tuition fees. Is my deepest desire for my sibling also to attain education that'll put them on top in life.

My Business

My business is selling basic items everybody needs on daily bases in typical Ghanaian community. Is a mini shop with items such as milk, sugar, bread, detergents, toiletries, caddies.etc. Is a business that needs stocking almost every day and huge capital in order to meet demand all the time.Customers are turn away because demand for these basic needs are always high and my capital too is small so items are always in short supply.The shop is sited in a populated community were demand is always high so profit is based on items available to meet demand. I need big amount of money to expand and add more goods to meet growing demand. This loan would help add more goods to meet demand.

Loan Proposal

This Loan would be used to buy other assorted goods such as:
2 boxes of 5 types toiletries,
1 box of 10 types detergents,
1 pack of 20 types of toffees,
1 box 3 types tin tomatoes,
1 pack 10 types can foods. With these items I need about $500 for restocking to meet demand.
With this money, I expect my profits to increase by thirty percent.
I look forward to posting the results of this loan.

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