To pay my younger brother's school fees

Priscilla

Berekum, Ghana

17% repaid

Follow Priscilla

How it Works

Entrepreneur

Name

Priscilla

Member since

January 2016

On-time repayments

240 installments • 10%

About Me

My name is Priscilla Ataa Tabuaa. I attended Grace Preparatory and JHS. I furthered my education to Sunyani Senior High School after I completed JHS.
I was selling toffees,biscuits and handkerchief during vacation. The income generated from this business was what I used to pay my school fees.

Fortunately, I got little capital to start cosmetic business. The business grew after after one year. So I got money to hire a shop. I have been Doug this business till date . I am the bread winner of my family.
People i n my community are kind and hospital.Most of the children in the children want to be doctors when they grow while others want to be teachers.
I like playing ludo and oware in my spare time.

My Business

I am entrepreneur. I do run a cosmetic shop. I sell pomade. People form all corners of Berekum come to my shop to patronise goods and hence the demand for my product is high.
I choose to do this business because there was no cosmetic shop in my community by then and people need to apply pomade to their skin after bathing and hence its demand is high.
My cost of doing business is $120 per week and my revenue is $200 per week.
I normally reinvest part of my money into the business and pay the school fees of the needy in the community as well.

Loan Proposal

When I am given the loan, I will be able to pay my younger brother's school fees. I will use larger part of the lon to pay his school fees and invest the remaining amount in my business. His fees is $140. When I pay his fees, the rest of the money will be invested in my business. This will increase my profit by $70%.