Purchase of products for my supermarket shop

Hayford

Berekum, Ghana

Funds disbursed

$0 to go

100% funded of $100 goal

days left

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How it Works

Entrepreneur

Name

Hayford

Member since

January 2015

On-time repayments

6 installments • 0%

About Me

I am a boy of 24 years. I completed my early childhood school at berekum community school, from there i went to Berekum secondary school and had passes in all my subjects. Life became hard for the family since the bread winner died at my tender age thus my father.in other not to fail in life, my hard work helped me in my per day work to raise some amount to start my own supermarket. i started this business because i did no get opportunity to further my education. i need this loan to survive my business since it may sink due to inadequate finance

My Business

my store is located at berekum on the berekum-dormaa high way. .Since i started the business, i can see that people are always at my store purchasing. The main products are items like ,milk, bread tea, coffee etc . Also 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 because as soon as i bring the goods people come in and buy them . My capital is inadequate and the loans i take here are very expensive like 35-50% interest rate. a friend introduce me to Zidisha and am waiting upon the lenders to help me out on this affordable loan.thank you

Loan Proposal

The moment i receive the loan ,i will go to the wholesale market to buy these products to stock my shop.Some of the products I will be buying are 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 loan 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 45% profit within a week.