Loan to buy paints to spraypaint cars

Entrepreneur

About Me

Kofiasua is one of the interesting place that I began my life I am half way educated. I completed Junior high School. I learned spraying after school. It took me five years to complete this jpb whiIst other were using three yeas. I had wanted to learn spraying well and indeed one can atest that I realy know my job.No money syndrome catches me in my family so getting money to start the job on my own was a problem.It was just like a miracle one day when one of my daddy friends visited us and asked me what I wanted to do in life when I told him I have learnt car spraying,but have problem starting the job. He immediately signed a cheque worth GHs500. I immediately went and bought paints and other equipment to start with.

My Business

I spray cars and I have six apprentice. Dormaa is a municipality that is dominated by car businesses. Different cars in Dormaa and its environ come regularly to spray their cars for spraying and other items like gas cylinders are also sent to my shop for spraying. I chose to like this business because I am a manager myself and it fetch me some few amount of the Ghana CEDI's. It cost me close to ghc350 to spray one car in terms of buying pain and other materials. But the charge for painting a car is ghc450. This means the business require a lot of capital to manage. T use part of the profit I make to pay school fees, save part and part to buy feed the family. If there is an excess, I reinvest it in the business to enable the business to grow.

Loan Proposal

My second loan helped me in buying different colours of paints and one brand new spraying machine that aided in my job. I want to continue to improve upon this by buying the sane sets of items to continue serving my customers better. Therefore I want to buy five rubbers of black paint $31, three rubbers of blue paints $24, four rubbers red paint $22. I will buy six rubbers of white paint $29. I will also buy another brand new spraying machine $45 to keep expanding my spraying business.

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