Loan to increase the quantity of my stock

Entrepreneur

About Me

Am Rejoice Azameti, a young lady of 24year of age and a student of Cape Coast University. I hailed from Bame a small village in the sourthen part of volta region of Ghana. I come from a humble family of which both parent are peasant farmers. They have tried their best to provide for our education but it is still not easy for us , where at basic school we do help them in the farm after school and specially during holidays. My coming to University was a miracle and i always give God thank for it.

My Business

When i came to University of Cape Coast and got to know how things are expensive specially the price of food stuffs i would remember my village how these things get wasted from time to time because of bad nature of the road and how the nearby market far. A bowl of gari in my village is less than 1dollar but in Cape Coast a bowl is about 3dollas, i asked my mother to prepare me some to sale and that is how i became Gari seller on the compose and it going on well because i reduce the price and my is also far better and so sweet and am selling it on the table in my hostel and if going to classes i park it inside but a lot of people get to know it so it realy going on well .BUT I NEED THIS LOAN TO BUY IN ADDING TO THE GARI SOME SUGAR the sugar for now i can start with 15dollas as bag price is more than 100dollas, MILO I need 14dollas for one of which I will divide in small quantity as we do it on Ghana , Shitor i am starting with four small bottles as one is 2dollas AND MILK we student always use cowbell sachets milk and the full park is 13dollas so in all I need 50dollas seriously it's good business thanks

Loan Proposal

I say a very big “thank you” to all my lenders for the previous loan granted to me. Trading with the $50.00 for these six weeks has boosted my business as I was able to buy stock in a larger quantity than first. By the grace of God and how business moved, I was able defray the loan every week as expected.
With high demands for my gari, because of its affordability and a good taste, I would need another loan to help meet these demands. My gari is now a known product in most hostels on campus and in the halls. I move from hostel to hostel and also to the halls in order to sell the product. But now, due to its high demands, my new plan is to get two people in the halls and give them the product to sell for me on commission basis. One person at a residential area called Old Site (which has three halls) and the other person at another residential area called the New Site (which also has three halls). I would then personally continue to sell at the hostels.
Another plan is to add more of the provisions which I introduced the past six weeks. These provisions include; milo, nido, shitor, tom brown (a powder used in preparing porridge), indomine, macaroni and few cowbell products.
These products are student companions and are selling well. I hope that my loan shall be granted early. And I promise to pay back religiously.

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