Loan to add more stock to my shop

Boateng Joel

Drobo, Ghana

20% repaid

Follow Boateng Joel

How it Works

Entrepreneur

Name

Boateng Joel

Member since

June 2016

On-time repayments

41 installments • 68%

About Me

Boateng Joel Agyenim is my name.I come from Drobo in the Brong Ahafo Region. I started my basic school at Akab Complex School, i furthered my education from there to drobo senior high school. My parents are Mr and Mrs Agyenim who are farmers by profession hence all my education cost was funded by their product earns from the farm. I completed my secondary education and furthered to due electrical engineering and due to my hard work, and the respect that i have for people i was employed in a store and began to identify the needs of the community. With the little savings made, i started my own electrical shop . My hobbies are reading and listening to music.

My Business

The name of my shop is BIG JAY Electrical shop. I started this shop in my area because there a lot of people in that area and they will be needing electrical gadgets. Since I started this business, I can see that people are always at my shop purchasing. The main products are electrical cables, pressing irons, ceiling fans, bulbs and many others which people rush to my shop daily for these products. The main motive behind me choosing this business was that, everyone will need this in everyday life. If I invest let say $ 100 within a week I can get $43 profit because as soon as I bring the goods community people come in and purchase them. My business capital is small and I need money to purchase most of the products in order to attract more customers as far as the community population is concerned. The profit will also be used in reinvesting

Loan Proposal

hello my lenders many thanks for the how far you have brought my business and may Gold richlg bless you abundantly and please my dear lenders l am appearlinh you for a second loan to add more stock to my food retail shop to double my profit so that l can look after my family as well as you pay back the loan thank you for reading