Selling stationery supplies

Evans

Brong Ahafo-techiman, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Evans

Member since

November 2016

On-time repayments

59 installments • 59%

About Me

Am Yeboah Evans. Am a level 400 student at Valley View University, Techiman-Campus. Am from Kumasi but currently staying at Techiman because of school. My Dad passed away when I was 18 years, so it has always been my mother who has been taking care of me till now. She sells charcoal. Is through this business that she has managed to pay my tuition fee. Currently I sells books and pens to schools around Techiman and it's environs. I have tried to save little money from this business. I have 4 siblings, 2 boys and 2 girls. Am the oldest. Things has been very difficult since I was born till now. Is through this business that my brothers are going to school. My mom is weak now and she can't do the charcoal business anymore. I go rounds during Friday's to supply the schools books. Is my dream to expand my business to employ people and to help my brothers reach where they want to.

My Business

Am into stationery. I sell books and pens to government schools in my locality and also sends some to a village called kramokurom in the western region in Ghana. The level of education of the people living at that village is very low so, the headmasters of that schools do call me every term to supply them with reading books, exercise books and pens. I normally hire a taxi and a driver. They take me to that place. I pay him and his car 60 dollars for every two weeks. We normally spend month at that village which cost me huge amount. Because the near by stationary price is high, they prefer buying mine instead of theirs.

First I have created business for the driver because I pay him every 2 weeks.

Secondly,knowledge has been impacted into the children's brain. This business has really brought nothing but change into my life.

Loan Proposal

Am into stationery and at the same time a student. I will use this loan to invest in my work. I will buy more books and it will cost around 100 dollars. Now I have employed 2 people am already working with, therefore I will use 70dollars to pay the two people. Though their payment is not enough but we are managing. At the end of every delivery am expecting 300 dollars. Therefore for month I will be getting around 700dollars because I do supply twice every month. I will use the same amount to hire a driver and He collects 10 dollars in every trip.