Loan to improve my cosmetics bussiness

Apoh

Techiman, Ghana

100% repaid

Entrepreneur

Name

Apoh

Member since

April 2015

On-time repayments

32 installments  •  63%

About Me

MY STORY
Am Apoh Fatima 27years of age and a graduate of Tepa senior high school, am someone who loves entrepreneurship or believes in self employment. After completing senior high, I found it a great time establish my own bussiness of buying and selling electrical appliancis such as bulbs,electricalcables,sockets,extension cables,etc.I hail from a family of 7 and I am the eldest. I completed senior high in 2012 and took up the opportunity to help someone sell her cosmetics in the market and was being paid 20 ghana cedis ($5) per week.Through this,i was able to save some small amount to set up my own. I have a great aim of making it big in life and also be of great impact to those in my family as well as the society.I currently buy my iterms from those who opperate same business in larger scale into my store to also sell.I have a long time ambition of geting enough capital to expand my business by going to buy my I terms at Kumasi or Accra where the prices there are moderate. My dream is to see poverty being eradicated from my self,family and the community by creating more rooms of employment which in turn will reduce unemployment in the area.

My Business

ABOUT MY BUSINESS
I am into the business of buying and selling of electrical applaincis such as 1.5,2.5 electrical cables,sockeks,bulbs,fans, etc to the people of Techiman and its surroundings. I hail from a locality where the main work of the people is trading. I buy my items from the traders who sell in large quantities in Techiman and they are very costly.when I spend $200 in buying the iterms,i make aprofit of $100 after selling.I will say is good but the capital is small .So ,I would be glad to get this loan in order to help expand this business by traveling to buy them personaly from Kumasi or Accra at agood reduced prices and sell to also get some reasonable profit.By so doing, I will be able to make good profit in order to take care of myself and the family .I promise to execute and respect the rules and regulation of this noble institution. Thank you.

Loan Proposal

I am into buying and selling of beauty products such as ear rings,rebins,coombs,facial cleancers ,body pomades and creams,ect from kumasi traders.so if I get this loan,I will travel to Kumasi there my self to buy the cosmetics at lesser prices than I use to buy here ,come back and sell them here get profit and be able to pay back my lenders in time for loans to finally get a bigger store of cosmetics and beauty products.Thanks.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

May 17, 2015

Repayment status

On Time

Projected term

4 months

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