Loan to purchase second hand goods

Entrepreneur

About Me

I am Yeboah frank from Berekum. I am a typical bono man.y mum and dad also comes from the same town.
Graduate of second cycle who obtain the ssce certificate in the year 2005 at a secondary school at biadan.
I developed an interest in selling items but I wasn't having an income and a friend gave me 100 cedis as a loan to start.
By Gods grace I have been able to pay off the loan and now with my own business.

My Business

Franklin business centre deals in selling second hand goods. I have been into this for about four years now.
I am currently earning some income and I am having two casual workers of which I pay them monthly .

Loan Proposal

I will use 70dollars to purchase 20 second hand electrical iron and use 61 dollars to purchase 8 metal bed.
These items will boost my income level to 5% rise within a week.
I will use 20% of my income to repay the loan weekly and use 50% for my living and use 30% for savings.

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