Replenish of stock

Alhajj Bilal

Agona Swedru, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Alhajj Bilal

Member since

August 2017

On-time repayments

66 installments • 33%

About Me

Smart guy from a poor family who strive to be an entrepreneur and holds Bsc Business Administration. I started by being courier at swedru main market and teaching rich people's wards at home to mobilise funds for my Small shop. with the help of my mother who assist me to run the business in my absence. I have a child who wants to establish An IT company to to help solve the problem of our due to technology advancement and which will make business in which i am easy to operates. The area i am have all year round business duties the festivites like christmas, easter , eids, Gomoa two Weeks, and Akwanbo etc. within this period people turn to buy more FMCGs which likely increase in sales and profits. my interest is reading business books and journals...............

My Business

The business is very good lucrative business in Swedru. Am into FMCG like toiletries, detergents and slippers etc..........
my daily sales ranges from Ghs 1500 to 2200 with a weekly purchases ranges Ghs 7200 to Ghs 9300. there are increased in demand because am into Fast Moving Consumers Goods which is all year round business. As courier at swedru Main Market i saw people a man whom i took as a role model who is into this venture. i try my best to imitate him. With hardwork, and perseverance, i was able to make it. From the profit made in the month, 70% goes into reinvestment in growing the business and the 30% goes into School of my ward, home improvements and others............

Loan Proposal

i will use this loan facility to increase my stock in order to meet increasing market demand with the area of operation. the stock i will replenish are Sandals, detergent, sanitary products. etc. this will increase stock level to meet market demand.