Loan to purchase 5 computers for my cyber cafe

Entrepreneur

About Me

Am called Assor Ephraim. I am 26 years of age, dark in complexion and moderately built. I come from Berekum in the Brong Ahafo Region of Ghana. I am in a family of five and the first son of my parents. I had my primary and Basic Education at the Berekum Demonstration J.H.S and furthered at Berekum Senior High School in the Brong Ahafo Region of Ghana. I pursued my degree at the University of Development Studies (UDS) in Ghana. I am a self-employed. I run my own printing press and designing shop. I entered into this business due to the high demand for printing and design work in my area. Over the few years of my practice, I have been able to employ three people who give a helping hand at the shop. My hobbies are reading, painting and do other businesses I run in my cafe.

My Business

I started my printing and designing shop with the name"BLESSED PRINTING" in the year 2010 with the capital of $400. I do printing of examination questions,designing,scanning and laminating of papers. I have employed three people and have five computers. Now I have a capital of about $800. With the aid of the first loan, my business capital have increased to $1000. Due to the increasing number of schools and printing services, my business is fast growing. I intend to open up my business to greater heights due to high demand of services. I also intend to expand the cafe business.

Loan Proposal

Thank you dear lenders for the second loan. I used the loan to purchase a modem for internet business. The modem has helped to boost my cyber cafe business and it has also gone a long way to increase my profit. It has also increased my start-up capital. Once again I am very grateful.
I would be very grateful if you could offer me the third loan of $406.00. When granted this loan, I will use it purchase five(5) more computers to enhance service to more customers. The addition of these computers will aid me serve more customers thereby increasing the number of my customers. After increasing the number of my customers, it will help increase my profit to about 70%.
Dear lenders, when this third loan is given to me, I will manage it well so that I can employ two more people. I promise to repay the full amount with its service charges. Thank you.

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