77 installments • 68%
Since childhood I had the interest in becoming a business but after school I did not get any financial support so had no capital to start. I had to sell sauchet water before I was able to raise my capital . My interest was to sell costmetics which I am presently into but because my capital was not that much I can not purchase many to sell. I love Ghana, it is a peaceful country. My children want to be doctors in future and lawyers. I like trading.
I sell cosmetics, body lotions, creams ,perfumes, body splashes among others. I buy them and retail. They are very useful, everyone especially ladies want glowing skin so they petronise a lot. I use the profit to reinvest in growing the business. It is my dream to expand my business. Day in and set out people need body lotions and creams and other cosmetics so I really love my business. I will like to get a bigger stop for my business.I have now added selling of ladies shoes and I need a bigger loan for my business .
If I am given this loan, I will use it in buying and restocking Personal protective equipments as usual because they are out of stock now, alot of people keep coming to the shop to ask for them. As ever mentioned,the demand for these products are very high, people buy them day in and out and I make profit out of it. I will also use part in restocking my cosmetics, body lotions,make ups and among others. I hope my loan application would be considered please. Thank you
I will be able to repay my loan since the products I choose to sell are of higher demand despite the fact that alot of business are not able to operate due to the outbreak of coronavirus. I train people on soap making and wig making which I earn some monies from there,so with this I will be able to repay my loan if I am given.
Aug 3, 2020
Cost to entrepreneur
Service fee: $2.03
Credit risk payment: $1.01