To buy more stocks-bags of rice, vegetable oil etc for sales

Entrepreneur

About Me

I was born in sekondi; in the western region of the republic of Ghana. I lost my father when I was only ten years old; therefore I was catered for by a single parent (My mother). Her desire and wish for me and my younger brother is to go higher in education. As a first child of single parent, I assisted my mother, in her petty trading and cleaning of offices so as to raise enough income for the family. I passed my basic certificate exams and entered Secondary school. I used to sell food items, fish, second hand clothing etc to earn extra income in supporting my mother.
Having done well in my secondary education, I gained admission into Takoradi Polytechnic, where I studied Higher National Diploma (HND) in marketing. After my national service, I acquired a store where I Sell canned fish, canned tomatoes, cartons of milks, canned drinks, sugar, bags of rice etc. Currently, I have one shop attendant as an employee.
Currently, in addition to the work I do, I am still doing a degree course with University of Cape Coast. My desire is to expand my shop to as big as a super market for a one stop shop in the near future, where I can employ at least three to seven employees.
Ghana is a republic nation and a democratic, with a successful business, I will also have families in the near future, provide them with quality education, in a serene environment, so as to become responsible adulthood so as to have a meaningful living.

My Business

My trading business is my source of income for my house hold. Now I buy goods and supplies to offices and company workers on credit and they pay at the end of the month.
The community enjoys a lot from my trade since I am the only person who does this credit type of sales. With Christmas festivities and high demand of goods and services, hence my decision to apply for Zidisha loan to enable me purchase more goods for sale. I will be buying more goods like bags of rice, sugar, canned fish, canned/tinned tomatoes, vegetable oil etc.
My interest in Zidisha loan is as result of lower interest rate.
I hope zidisha team would approve and disburse the loan to me to enable me increase my stock so as I can make more profit so as I can repay the Zidisha loan back

Loan Proposal

I intended to purchase more goods such as bags of rice, vegetable cooking oil, canned fish, canned drinks, cartons of milk, milo, soap, take away packs, etc. so as to fill my shop and also to meet the high demand of my goods by numerous customers. In selling more I will be able to make more profit so as I can pay my bills and pay the bills of my dependents.
I am also plan of opening additional shop in the center of the business district, if the good lenders on the Zidisha platform are able to lend to me, this time, I can open additional shop, I can employ additional two hands who would be working with me in the new shop. I can pay their salary, they can also pay their dependents’ bills and also be able to put food on their family table. Then as usual, I will be able to repay lenders loan back to them.
Trading with Two thousand seven hundred (2,700.00) Ghana cedis in my two shops, I can make at least a profit of GHC 350 profit monthly after paying my expenses, This can make it possible to save towards my future.

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