Loan to fill my plumbling shop

Ameyaw

Kumasi, Ghana

100% repaid

Follow Ameyaw

How it Works

Entrepreneur

Name

Ameyaw

Member since

August 2017

On-time repayments

117 installments • 25%

About Me

I respond to the name Ameyaw Daniel . I am in a family of six. Four men and two women. I come from kumasi in the Ashanti Region. I started my basic education at supreme Complex School at kumasi and continued at Kumasi Anglican senior high school which is in the Ashanti region . After my senior high school, I went to Berekum college of education. I am currently in the university of education in Winniba.
I am a member of the Assemblies of God church and the secretary of the church. I am now the president of my Assemblies of God church on campus.
I started started my store to help me to continue my education.

My Business

I started my store in 2016 with a based capital of about 800 dollars. I rented a store room to display my items. I deals in goods like 4 inches pipe, 3 inches pipe, 2 inches pipe, 4 inches bend, 3 inches bend, 4 inches tee, ball bar, flour waist, 3 by 4 hole star, 3 by 4 stop cord, sink, wash hands basin, S 100 and W U C.
I started this store with the aim of helping my family and myself in my education. I established the store because I saw that the community in which I am living lack plumbing items and fitting work. Our community use to employ people from outside the community to come and repair our things that are of plumbing. I therefore opened the store and employed two people to repair our items.
I am able to make a profit of about 50 dollars in a week.

Loan Proposal

I have decided to purchase with this loan adding to my already savings new materials for my store to make it attractive all the time. I want to purchase items like 5 hand wash basins and 1 cost 30 dollars, 10 ball bars and the cost of 1 is 10 dollars, [5] 3 inches bend and the cost of 1 is 10 dollars, 3 sinks and 1 is 50 dollars. These materials will make my store to look more attractive and invite many people to come and purchase items from the store. The community will not get a problem of take a vehicle to town to purchase plumbing items. When i get these items, demand will be high and my profit will also go high and i will be able to repay my loan and my employees.