Loan to buy perfume rice, padlocks etc to stock my shop

Entrepreneur

About Me

Vicky is what I'm popularly called by friends. I obtained all my Basic and Junior High training in Enchi a School bearing the name, Wisdom Preparatory School. I continued to Nana BRENTU Secondary Technical School where my course was Agricultural Science. I passed well and furthered my course at the University. I was fully trained as a teacher and I was posted back to teach in my formal School. I have been able to raise some funds to open a shop which I sell many items and the profit I realize from my sakes are what I use to complement my salary to take care of my family.

My Business

padlocks,cooking oil,tin tomatoes,bags of perfume rice, nonalcoholic drinks such ad Fanta,Coca-cola, Sprite just to mention few are the primary items in my shop. When I started teaching and having business ideas in mind,I started saving and in about eight(8)months I managed to raise GHS6,500 at the Ghana Commercial Bank Ltd. I requested for a loan and the bank offered me Ghs4000. In sum, I had about Ghs10,000 to start with. I built a container store and stocked it with the remaining amount. I have kept this business close to nine years now. I have three children and married to a well-known cocoa farmer called Bright Appiagyei.

Loan Proposal

I have always wanted to look out for a more flexible repayment plan to support my business to grow. I was one day introduced to a friend who even promised me she will invite me to a platform which will be more convenient to boost my business.
If I will be fortunate for my loan to be funded, I will buy the following to add to my stock.
1. ten bags of perfume rice ($16.6)
2. eight bags of sugar ($12.8)
3. eleven packets of padlocks (17.6)
4. 3 litres *12 of cooking oil amounting to $15.1
5. 15 crates of nonalcoholic drinks totalling $19.2
These few items added to my stock to be sold will increase my profit margin. This profit will ease me from school fees and to get some food items to be consumed at home.

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Loan Info

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