Loan for sandal business

Entrepreneur

About Me

I am Isaac Amekeh , the 10th child in a family of 11
My old father and mother understood the importance of formal education but could not raise enough funds to look after my brothers and me. As result I work hard on the farm to raise enough money to finance my education up to Secondary school. I later trained as a mason and have worked for these 7 years.
The need to create a secondary source of income to fend for my nephews and nieces has compelled me to take to dealing in sandals when I have no new site to work on.

My Business

I deal in brand news sandals.
People need these sandals to look presentable when they attend ocasions
The demand is high seeing no one would do away with footwear.
I buy them from a local manufacturer anmd have to pay transportation to convey them to the stall where I display it.
The proceeds are used to pay school fees and to feed my children and nephews.
Part of the profit goes into growing the same business.

Loan Proposal

Term 1month
Purchases:
Sandal Sales
Quantity Unit price( $) Total($) Qtity U . Price($) Total($)
70 11.00 770.00 70 14.00 980.00
Transport 15.00 15.00
Miscellaneous 10.00 10.00
795.00
Profit $185.00

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Loan Info

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