Stationery and other related supplies

Entrepreneur

About Me

My name is Vincent Anthony Oppong ans also the first child of my parents.I was able to attend and complete my basic education when my parents were alive and kicking.Right after completing my secondary education,my father passed away so things bacame very tough for my single parent mother.I was able to consult my uncles for assistance to support my younger siblings my father left behind.By the grace of God,I have been able to cater for my siblings education but I am short of funds since everything about their schooling was provided by me.I live in an area where the people deal in business but not what am selling now.I want to continue schooling in order to make my children the successful type.I want them to helpers to the needy and the aged and not to suffer as I have but rather work hard to perform certain social responsibilities to help the community and nation as a whole.All the above can happen if and only I get the needed assistance to develop my business.I love to read and play football whenever am free and also when am bored and have nothing to entertain me.

My Business

I sell stationeries like books,pens,erasers,calculator s and most of the things needed basically to support education.These things are in demand because households buy them for their children and wards to go to school,entrepreneurs also buy them to keep records of their firms and businesses.Always people need them for their functions assigned time.It also has its season time where demand becomes very high and sometimes it becomes very hard to supply all the quantities needed by the customers.I chose this business because I realized it was not in existence at the area I was but people travelled far from home to buy them from neighbouring towns when they needed them.So to ease the pain of moving up and down to get those stationeries,I consulted my uncles and they helped .Also I had education at heart so decided to venture into anything that can promote education.The cost I incur are monies that I spend in acquiring the materials or goods for sale and also monies that I use to buy food when I go to sell.I also get the revenue from sales proceeds and also savings made.I also plough back the profit into the business.I offered business in school so I am able to manage the business well.Although I plough back some of the profit back ,I also use some to cater for my siblings and my sick mother who cannot work due to her condition.I save some of the profit and later reinvest into the work when am short of funds.

Loan Proposal

Am going to use the money to buy more books,pens and everything which is necessary for learning so that students can benefit from it and I will also make profit out of it so that I can pay my loan on time that will help me to get another opportunity in the future

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