Purchase of goods to satisfy my customer(s) orders

Entrepreneur

About Me

I am Kyeremeh Rita from Ghana , I lost my father when I was in School , because there was no support again I had to quit my secondary school education then to start a small business to support the young ones .

In relation to the above , I started a small business with a capital of Two Thousand Ghana Cedis (GHS 2000) from a friend to purchase Jewels and bags for sale and later added electronic home appliance such as blenders, microwaves, plastics and non sticks to expand my business horizons.

However , due to the COVID-19 pandemic , the business has experienced poor sales over the period of this worldwide crisis.

Now , I need a loan to revive the business by buying new stocks or items for the shop as lockdowns are been lifted.

I hope Zidisha lenders will help me with an amount Ten Thousand Ghana Cedis ( GHS 5,000) to support my business.

I promise to repay it regularly and on time to help me Qualify for larger amounts in future.

My Business

The business name is HILLRITT Enterprise , we are into the sales of Bags, Jewels, Microwaves , Blenders , Non sticks and plastics .

The business is on demand because the products are used regularly in our daily lives in homes , offices and places of interest . There are always larger profits when the market is moving well .

I chose this business because i saw these products are always on demand and i have strong marketing skills to make it succeed. In a year i can make over Ten Thousand Ghana Cedis and able to cut cost from Five Hundred Ghana Cedis ( GHS 500 ) per annum to Four Hundred Ghana Cedis ( GHS 400 ) before the pandemic hit the business.

The accumulated profits are inturned pushed back into the business to purchase more items to sustain the business.

Loan Proposal

I will buy new items to satisfy all my incoming orders from my customers. This will help me increase sales and promote the business.
Since new orders are coming , i will make more profits if given the loan requested to repay my loan to qualify for larger amounts in future.

Income Source

Currently after the lock down there have been many customers bringing new orders to be delivered.
There is a strong hope that the business will highly increase in sales and all repayments will be done on time.

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