Loan to expand my washing bay

Entrepreneur

About Me

My name is Nana Yaw was born in a family of six,i am the third born.my father is a business man.i went to school at Asanteman high school and i completed my in 2007.i later went to college to offer DBS where i graduated with a diploma in human resource management.i am currently in to business due to the high unemployment rates in Ghana I have a washing bay just in the center of Aboabo town.i started this business a year ago and so far its doing fine.however i am in need of some income to help boost my business.i decided to get into business because i need to look after my children and pay rentals and school fees.

My Business

my car wash business is located at Aboabo at the car wash we specialise in cleaning cars effectively using hoovers and pressure washer. So far people are happy with my services.i usually get cleaning materials at wholesale price in Kumasi and they cost me around $40 and these last for a month.and i pay for electricity which costs $80 per month.i also pay for water which costs $90 per month.in a day,i get about 35 cars and i charge $6, $4, $3 and $2 per car which gives me $180 per day.so at the end of a month i make about $670.i need the loan to boost my business by getting a larger hoover and pressure washer because the ones i have right now are domestic ones and the demand is getting high.The profits i make from my business are used to pay rent,bills and to take care of my two kids as well as my Distance Learning Education

Loan Proposal

when i get the loan i will use the money to buy a new hoover and water spray gun for the car wash.the hoover costs, $90 and the water spray gun costs $80 dollars.il also get cleaning materials which costs$35.once i get these items il be able to run my business smoothly and earn more income because it means il be washing more cars!

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