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 add the loan to my capital to Import ladies wares, gents wares and other fashion wares to increase my stock. This will cost me about $300 to $500 excluding shipping cost.

It will help me in a lot of ways by bringing stability to the lives of my children and others. It will also help my customers to have new fashion wares.

Am expecting my profit to increase by 5% to 10%

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