Purchase of products for my supermarket shop
Gabriel
Sunyani, Ghana
31% repaid
Entrepreneur
Name
Gabriel
Member since
January 2015
On-time repayments
22 installments • 9%
About Me
Gabriel Okyere is my name.i come from sunyani in the Brong Ahafo Region. I started my basic school school at madonna Complex School, i furthered my education from there to Methodist senior high school in kotokrom. My parents are farmers by profession hence all my education cost was funded their product earns from the farm. you can identify a problem in a community and solve it by so doing you will gain. I completed my secondary education and due to my hard work, i was employed in a store and began to identify the needs of the community. With the little savings made, i started my own supermarket shop with little products since that community need these daily needs for their survival. My people have a unique cultural values in the sense of taboos and custom beliefs which are highly respected. am not married yet but will try to allow my future kids excel in their talents.i like reading magazines and business proposals
My Business
Okyere provision shop is the name of my provision store. It is located at at kotokrom a suburb of sunyani in brong ahafo on the village high way. i started this provision store in my area because there a lot of people in that area and they will be needing these daily items and canned food for survival .Since i started the business, i can boast that people are always at my shop purchasing. The main products are items like ,milk, bread, tea, coffee , and all kinds of pasteries products which people need daily. Also laundry products like, soap, soap powders and detergents are sold in my shop. The main motive behind me choosing this business was that, everyone will need this in everyday life because you have to take your breakfast, lunch and supper and you will need these items to prepare that. If i invest let say $ 100 within a week i can get $40 profit . My capital is not up to expectation since i want to purchase most of the products in order to attract almost 60% of people in the community . The profit will be channeled into reinvesting and opening of other stores.
Loan Proposal
the moment i receive the loan ,i will rush to the wholesale market to buy these products to stock my shop.Some of these products will be detergents, soap, breakfast and lunch products etc. I assure you that, i will use the money solely for it purpose in other to attract more customers and help grow my business.I plead with the lenders to consider this my application in other for me to stock my shop with so many products to be able to solve the needs of the community. I hope and know that if i get this money my profit margin will be increased and will be able to generate a minimum of 50% profit within a week.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 9, 2015
Repayment status
Late
Projected term
5 months
Lenders
United States
Germany
Germany
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