Complete structures for new credit business branches

Entrepreneur

About Me

I am a 33 year gentleman born to peasant farmers at Nsawkaw in the bring ahafo region of Ghana.
I started my primary education at Nsawkaw R/C primary B which was about 7 kilometers from a village I was staying. After 6 years of walking 14 kilometers (fro & to) daily, I continued at St Agnes Junior High School in Jirapa of Upper West Region. I continued my education at Nandom Senior High School from 2002 to 2005.

My Business

I am a fully employed registered nurse and also operate two mobile credit sales/ mobile money shops at Lawra and Jirapa, both in the Upper West Region. I am now to open more branches, one in Babile and one in Lawra .
Now I also have five other retailers who pick stocks of credit directly from me and also resell to subscribers within the Upper West Region. Thus increasing my sales per week to about 25000 GHS. (10000-retail, and 15000-whole sale. The breakdown is as follows:
ITEM Cost. Whole sale Retail
Price. Price. Price
Vodafone.....GH¢ GH¢ GH¢
GH¢20..........19.00. 19.20. 20.00
GH¢10..........9.50. 9.60. 10.00
GH¢5............4.75. 4.80. 5.00
GH¢2............1.90. 1.92. 2.00
GH¢1.............0.95. 0.96. 1.00
MTN
GH¢20........19.15. 19.30. 20.00
GH¢10........9.575. 9.65. 10.00
GH¢5...........4.788. 4 .80. 5.00
GH¢2...........1.915. 1.93. 2.00
AIRTEL
GH¢10........9.50. 9.60. 10.00
GH¢5............4.75. 4.80. 5.00
GH¢2............1.90. 1.92. 2.00
GH¢1............0.95. 0.96. 1.00
TIGO
GH¢10........9.50. 9.60. 10.00
GH¢5...........4.75. 4.80. 5.00
GH¢2...........1.90. 1.92. 2.00
GH¢1..…......0.95. 0.96. 1.00

I also operate mobile money merchant shops which give me a commission of 1500 GHS per month
Thank you.

Loan Proposal

This loan will be to complete my two structures for my new credit business branches and part put into my business principal. This loan will increase my principal for mobile money. This will helped me make at least 8000 GHS Worth of transactions daily from my previous 5000 GHS I used to do.
With this rate and the sale credit cards, I intern to earn a profit margin of 6-8% of my total turn over per week

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