Loan to re-stock my cosmetics and provisions shop

Francis

Berekum, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Francis

Member since

August 2015

On-time repayments

126 installments • 99%

About Me

I was born in Berekum in the brong ahafo region money to start school was a problem but my mother engaged in small trading and that is what she used to look after us in school sometimes we have to go and sell before we can get money to school.we manage with that situation untill completion of school.I intend getting a business so that I can support my siblings and when there is extral income then I extend it to the community.there is poverty in my community and I wish to make inpact by touching the lifes of the poor ones.my children want to be doctors.they also wish to work to assist the society.

My Business

The name of the bussiness is Daany's cometics shop.
It deal with various comestics including spray, pomade and others.
These goods and services are so important in my area because in my community we havee schools around and students work long distance before going to buy such items from the market so I decided to bring it close to them.
I did checks in my community and got to know that this is the type of bussiness that will move for me
I started with 250ghs and within two years the capital has grow up to 1500ghs . The profit we get out from the bussiness is uesd for reinvestment use some to look after my sibblings and look after some few adopted poor peoples in my community.if am able to secure your loan and expand my bussiness I intend using some my income to establish NGO to assist the needy needy ones

Loan Proposal

Loan to remember stock my shop
The following items would purchase
1,box of hair cream 100gh=20.75 dollars
1 bundle of hair wig 50 gh=10.38dollars
Hair comb 50gh=10.38
1pack.Rasta cool=50gh=10.38dollars
1box diapers 100=20.75 dollars
1box powders =150=31.13dollars
1/2box spirit 50gh=10.38.dollars
2boxes shampoo 300=62.dollars
2,roll of toilet roll 120=24.94 dollars
2boxes mercy ointments 240gh=49dollars
1box baby Dustin powder 150gh=31.13dollars
1box body spray 300 dollars =61.37 dollars
Totalling 1660gh=344.50dollars
When granted I will be able to reach stock my shop as Christmas is approaching, I may be able to serve my customers well since most of them come from remote villages. I may increase my profit margin by 60% and the profit may be used to pay rent, utilities,buy motor bike to serve my customers at the villages, pay my school fess assist some needy in my society and pay salary of my worker