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
When the loan is granted i use it to replenish of stock because the Gomoa Two weeks festivities and easter which my sales will go up and will enable me get more profit as the Christmas seasons. i will use the Ghs 1500 to buy detergents and the rest for sandals. when i get profit will use it to buy a Plot of land where i will build a house for residence and renting
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Loan Info
Project Type
Classic Loan
Disbursed amount
$548.00
Date disbursed
Feb 14, 2018
Repayment status
Late
Projected term
11 months
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