Loan to support my food retail business

Entrepreneur

About Me

My name is Boakye John. I came from Techiman but I currently stay at Atebubu in the Brong Ahafo region of Ghana. I am 26 years old. I am dark in complexion and moderately built.My parents are Mr. and Mrs. Boakye. I am from a family of seven and I am the eldest. I started my basic school at Techiman Methodist basic school.I also went to Techiman Senior High School. After completing my senior high Education, My parents died as a result of a fatal accident.Therefore life becomes more difficult for myself and my younger siblings. Since I am the eldest, It be hoofs on me to take care of my younger siblings.
I then went to a friend who deals in sale of home second-hand electronic appliances to offer a helping hand so that I can get some money at the end of the day to feed my younger siblings. I worked with him for about two years and due to my loyalty, he gave an amount of $100 to establish my own business. I also establish my own business which deals in the sale of home second-hand electronic appliances.
One thing very unique about the Techiman people is the celebration of the yam festival called Apoo. The celebration is very interesting to observe. It is my dream and ambition to educate at least four of my younger siblings to the tertiary level of the educational ladder.The food I like best is fufu and fish soup. My hobbies are reading, watching football matches and swimming.

My Business

The name of my business is 'God Is My Provider Ventures'. I started this business since 2011. I started this business with the help from a friend. I started this business with an amount of $150. My business deals with the sale of home supplies such as TV set, Home theater system, Woofers, Electric fans, Electric irons etc. I decided to do this kind of business because of the high demand for home second-hand electronic appliances. Due to this, my weekly profit keeps on increasing. I manage to get about $45 every week. My dream is to expand this business so that I will increase my profit margin and also help educate my younger siblings to the tertiary level of the Educational ladder.

Loan Proposal

Thank you my dear lenders for the firstloan given to me. t has really brought a great improvement into my business. At first I made $ 28.00 profit every week but with the support of zidisha , I now make $38.00 profit every week.
My dear lenders I need a second loan of $101.00 to stock my provision shop.I will purchase tin fish, which will cost me $54.00, I will also purchase tin tomatoes, which will also cost me $37.00, I will use the rest of the amount which is $10.00 to purchase stock powder for seasoning stews ans soups.When i get the loan, I will manage to get about $47.00 profit every week which will help me a lot. I want to raise enough profit every week so that I can grow my business.
My dear lenders i promise to repay back my loan on time,so lenders please help me.Thank you.

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