Loan for my bookshop

Nicholas

Berekum, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Nicholas

Member since

February 2015

On-time repayments

155 installments • 73%

About Me

I am kumah Nicholas.I started my school at Berekum. This book shop helped me during my education at the training college and University. It is now assisting me to take care of my family. i like to play football and watch movies. I have two lovely children. i am okay with my people

My Business

I started this business five years now. I buy from distributors and sell in my shop. I buy the goods at a very good price which brings me huge profits. I buy and sell all kinds of exercise and test books from various manufacture and sell to the people in my community. has helped me to expand my business but now i want to capture the surrounding communities and schools around my locality. To operate as retailer and wholesaler so that i can buy in large quantities which may subsequently bring me higher profits. I chose this kind of business because it is the only books shop in my area. When i invest about $1600, i can get a profit of $600 dollars within a week. This is very splendid and flourishing and i need this loan straight away to improve and buy in bigger quantities

Loan Proposal

I will use the loan to buy elective mathematics , core mathematics, pencils, drawing books, drawing board, physics books , chemistry books,dictionaries, story books,. i will also operate as retailer and wholesaler so that can buy on large quantities. if i get about 1000dollars, i can get a profit at 400 dollars within a week. This very achieveable.