Restocking high-demand goods in mini shop

Daniel

Kumasi, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Daniel

Member since

January 2015

On-time repayments

39 installments • 36%

About Me

My name is Daniel Yeboah. I am 27 years of age and reside in Kumasi of Ashanti Region, Ghana. Daniel is from a substitence farming family of 7 siblings and the second male child with father farmer and mother petty trader. As a son of cocoa farmer all could reached in education was Junior High level.However, to make a livelihood was difficult therefore i received help from a neighbour to have a mini shop to sell basic food items.The business since then is progressing steadily and now I'm responsible for my up-keep and furthermore my brother is back to school who dropped out because of tuition fees. Is my deepest desire for my sibling also to attain education that'll put them on top in life.

My Business

My business is selling basic items everybody needs on daily bases in typical Ghanaian community. Is a mini shop with items such as milk, sugar, bread, detergents, toiletries, caddies.etc. Is a business that needs stocking almost every day and huge capital in order to meet demand all the time.Customers are turn away because demand for these basic needs are always high and my capital too is small so items are always in short supply.The shop is sited in a populated community were demand is always high so profit is based on items available to meet demand. I need big amount of money to expand and add more goods to meet growing demand. This loan would help add more goods to meet demand.

Loan Proposal

The Loan will be use to buy these high demand goods for restock:

Ideal milk ( Small & Big Sizes) 3 boxes each,

Peak Milk 2 boxes,

Carnation Milk 2 boxes,

Washing Powder( Yess) 2 Boxes

Washing Soap( Key Soap) 1 Box,

Bathing Soaps( Medi soft, Geshia, rexona, Dettol ) 1 Box each

Toilet Rolls( 4 diff types) 1 pack each