Loan to buy used clothes for resale

Entrepreneur

About Me

Kwasi Manoba is my name and I stay at Kumawu in the Ashanti Region of Ghana, I am married with two kids. I had a childhood goal of becoming a medical but due my inability to further my education after JHS it didn't materialise because there was no financial support. I borrowed some amount of money from a trusted friend to start my own business and after I succeeded I repaid his money to him and that was my breakthrough.

My Business

I sell used clothes ( T-shirt, jeans, khaki, material trousers and shirts) at Kumawu market. This goods are useful because it helps me to get some income to sponsor my family and also to reinvest in my business. It also helps my customers and other buyers to get any type of clothing when they come to my shop. My cost of operation is GHS 2500 and my revenue is GHS 4000.

Loan Proposal

I sell T-shirt, jeans, khaki, material trousers and shirts and i need this loan as additional capital to buy this used clothes for sale and it will help get extra income at the end of the week.

Income Source

i will be able to pay back the loan and in case of any risk i will pay back the loan from the profit i make from my other business.

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