Stocking up my wallpaper business

Entrepreneur

About Me

I am Abass Mohammed a northerner and married with two children according to my traditional customs. I completed my Shs at Tepa Senior High school, I could further my education because of lack of support and have to wait till now that I am doing a distance education program to pursue Bsc in Education from University of Education Winneba. Back in northern my father got married to four wifes and gave birth to fifteen children. so we it's very difficult for him to cater for us all, due to this condition I have to moved to Tepa to stay with my uncle where I developed interested into a vocation and started working as Painter. Now I have learnt how to install stickers in a room and other room renovation aspects that I do for my clients. Back in school I used to play football and tennis.

My Business

I have a shop where we sell wallpapers and glues. I also do wallpaper installation for clients. Customers comes to my shop to my these wallpapers and I get profit from that. After buying the wallpapers we charge them for our services for installation and this also generates income to support the business I am doing. The profit i get from the business is sometimes used for renovations , expenses and reinvestment.

Loan Proposal

I am applying for this loan to help me buy more wallpapers at wholesale to sell to my clients at retail. Alot of clients have been requesting for this wallpapers and sometimes we get shortage of wallpapers. Taking this loan would help me stock up my shop with variety of wallpapers to be sold.to my customers., this would enable me to raise profit and support the work I am doing.I would reinvest the profit back into the business.

Income Source

I would be paying this loan from the profit I derived from the sales of wallpapers purchased by my clients on daily basis. I would also make sure I pay on time to prevent default.

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Loan Info

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