Loan to expand my beauty business

Entrepreneur

About Me

i am Veronica Ampongmaah,from kokoa Sampa,Brong Ahafo Region of Ghana.Iam 28years old.I completed my basic education at Kokoa District Assembly Basic Shool,I furthered to the Ola Girls'Senior High School at Kenyase No 2 in the Brong Ahafo Region. After my senior high education i was trained as an apprentice. Currently,i run my own small saloon in a store room in my house at Berekum.I am from a family of five and the second of my parents.I am married with three kids.

My Business

I started my business in 2008, after my apprenticeship.I serve about five to ten people a day and earn about $150 per month.I wish to expand my business the highest level.Due to the passion i have for Hair Do.If i am given this loan, i would be very glad since i will be able to buy new equipment to expand my business by renting a new apartment in order to attract more customers.I used 70% of my profit to buy materials for the month and 30% to support my home and family.

Loan Proposal

I will use the money to continue expand my business. I will buy hand-drier, straightner, shampoo,etc I will like add other products like jeaweries; jeawaries made from Beads,crystals and plastic. I will use part of money to buy materials for this purpose which will amount 25 dollars . If I am granted this loan .I will be able raise my profit to about 10%. if am able to do all this it will help attract more customers
Thank you, I hope my loan will be granted.

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