Loan to buy rice, milo and biscuits for my shop

Entrepreneur

About Me

My name is Enoch Nyanful. I am a ghanaian by birth. I come from from Aiyinam a village in Prestea Huni Valley district of Ghana. i am a single young man struggling to success and help others. I believe that nothing is impossible with goalfocused and determined mind. I am pursuing social science at University of Cape Coast. But i have long convinced myself to press on to do business. A well wisher upon upon hearing my vision plan lended me some money to start. Reading and listening to motivational messages are my hobby.

My Business

I started Provision shop which I provide home needs. The most helpful thing is that I enjoy monopoly so customer have no option because the distance to other shops is far. Customers readily need and request are met. Except that because of financial benefit. The only problem now is lack of enough capital to buy all the necessary goods requested by customers. This business booms because it a basic necessity in life. Typical cost of money to slove this problem am facing is 600$. Profit are used for reinvestment and payment of loan.

Loan Proposal

I am applying this loan to help boost operation in my store. Basically planning to stock more goods and items to meet demand. When am finally give this loan , the following is the breakdown of how I intend to use the loan.
Rice 200$
Biscuit 20$
Milk 120$
Sugar 100$
Milk powder 35$
Others 100$
Thanks for accepting.

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