Loan to buy outboard motor for my fishing canooe

Entrepreneur

About Me

I am a fifty-nine year old fisherman who was born in Prampram, a small fishing community in the Greater Accra region of Ghana. I was borth to Mr. Osayo Nartey (a fisherman) and Madam Mary (a trader). I am the second born among eight siblings. I grew up in the neighboring country of Togo due to the nature of my father's business. I joined my father in the fishing trade after I completed my elementary school education. I later took over from him after he retired due to old age.

My Business

I am a fisherman and a proud owner of a fishing canoe. Aside the occasional lean season when the fishes become scarce, the fishing business is very lucrative. I have succeeded in maintaining and running the business since taking over from my business. The business comes with several challenges such as shortage of fuel and occurrence of heavy storm on the sea. Aside that, it is a profitable business.

Loan Proposal

Hi lenders i will be grateful to you if you will consider my application and loan buy an outboard motor for my fishing business.

I believe with the outboard motor the stress of my work will be reduce and enhace the movement of my work from one place another.
Without the outboard motor we spend three days before we get to destination as compare to the outboard motor that will take hours to our destination.
I will then the profit that will come out from the business to another canooe to the one am having.
Currently my daughter is in the University pursuing business management and part the profit will take care her education.
The source of income that will be use to repay the loan will come from the fishing business that I do.
Hope my proposal will meet your favourable considerations.

Thank you.

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Loan Info

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