New fashion wares for my shop

Entrepreneur

About Me

Am the third born of four children who lived and catered by a single mother. I studies up to the university and majored in Accountancy.

I have to sell various goods to enable me go through my secondary school which gave me the opportunity to work in a company to acquire a Higher National Diploma in the university.

I started my own business through my little savings from various small scale business i did with a friend.

I come from Ghana which is located in West Africa. Ghana has a lot of rich cultural festivals and also noted for the mass production of cocoa. Its also a country that attracts more foreigners due to our rich tourism.

My children wants to be a Doctor, Accounts Manageress and a Bank Manager.

I like reading , listening to music and cooking which makes me happy when am alone. It also makes me get busy at all times and to forget about my problems.

My Business

I am an importer who imports various kinds of goods like men's ware, ladies ware, kitchen items etc.

Most of the items are highly in demand in my country because it is not manufactured. Due to this, there is a lot of demand when its imported here to my country.

I choose this business because, it is profitable and will help improve my financial status.
It also makes my people looks nice and happy when they get them.

My typical cost ranges from $1,000 depending on the quantity and quality of items I want to import. Also, the cost of freight and clearing duties.

The revenue margin is good because, when i invest $1,000 in the importation business, I can get a profit of $500 .

I reinvest half of the profit into the business and use half to improve my home and help others too.

Loan Proposal

I will use this loan to buy latest fashion wares to boost my shop. Fashion wares like men's jeans, ladies tops , dress, shirts and la-cost. Some of the items costs ranges from $5 to $10.

This will really benefit me a lot because, my profit margin will increase and this will enable me cater for my home and others.

This will increase my profit margin by 5 to 10 percent.

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