Oppong Henry Spraying Shop

Entrepreneur

About Me

Kofiasua is one of the interesting place that I began my life I am half way educated. I completed Junior high School. I learned spraying after school. It took me five years to complete this jpb whiIst other were using three yeas. I had wanted to learn spraying well and indeed one can atest that I realy know my job.No money syndrome catches me in my family so getting money to start the job on my own was a problem.It was just like a miracle one day when one of my daddy friends visited us and asked me what I wanted to do in life when I told him I have learnt car spraying,but have problem starting the job. He immediately signed a cheque worth GHs500. I immediately went and bought paints and other equipment to start with.

My Business

I spray cars and I have six apprentice. Dormaa is a municipality that is dominated by car businesses. Different cars in Dormaa and its environ come regularly to spray their cars for spraying and other items like gas cylinders are also sent to my shop for spraying. I chose to like this business because I am a manager myself and it fetch me some few amount of the Ghana CEDI's. It cost me close to ghc350 to spray one car in terms of buying pain and other materials. But the charge for painting a car is ghc450. This means the business require a lot of capital to manage. T use part of the profit I make to pay school fees, save part and part to buy feed the family. If there is an excess, I reinvest it in the business to enable the business to grow.

Loan Proposal

I need this loan to enable me first to expand by business and also to be able to buy in advance the paints and other items I use in my shop. The expansion will aid me employ those I employ to also have something to do after they have completed the apprentiship. At the moment, because Ithe capital I have is too small,I have to travel to Suyani each time I am engaged to paint a car to travel all the way to purchase paints and other this before I start. If I have enough funds I can buy these items in advance to ease the progress of my job. I anticipate a profit margin of gh200 after spraying one car. These are the items I will need. Paints of different colours($300) Tina (($250) home used spraying matching as supplement ($350)

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