I am jerry Henry Mensah, a grauate from koforidua polytechnic.I hold Higher National Diploma in Marketing.I was born in Ghana, precisely a town in the central region called mankessim.I grew up with my only sibling who happens to be a boy, Daniel, as he is affectionately known.my primary education was at Islamic primary school in the western region, a town called jaway-.wharf near half assini in the jomoro district of the western region.after primary school i proceeded to My Child international school at kasoa in the central region.i continued to mozano senior high school where i obtained wassce in general arts.I live in a heterogenous environment where diverse cultures are everyday experienced.I have grown with different type of people from a range of tribes within Ghana.i have learnt alot from them and the Good and bad side of it have really prepared me to know how as a person I can deal with different people in my way of life and in my entrepreneurial career. My dream right from childhood through to Polytechnic education has been to be my own boss, in other words an entrepreneur.Since i have nurtured this dream in the entire of my life i took the challenge to venture into the sale of clothings (boutique) and by Gods grace the business is doing well but lack funds to expand the business.I have a strong conviction that my business breakthrough start from today because of zidisha i have joined .For now am single and have no children.my hobby has always Been watching, listening and attending business seminars.

The name of my business is Sense & Degree Boutique I deal in men and ladies wears like jeans, lacoste, T-shirts , browse, belts etc.I realized the demand of my products when after visiting a big cousin of mine in Togo and decided to bring in a small sample of men and ladies jeans trousers and polo shirts and sold to my friends.The speed at which the goods were bought made me realized that i can make money out of this business, hence my involvement.Some few months ago i extended my business by adding african design clothings manufactured with different fabrics like wooden, polished cotton, tie and die, vlisco, Kente etc.My business mainly involves going own trek to campuses, towns, market places etc to sell.for now I move with a sports bag but the dream is to secure a car to facilitate my errands and believe it will go a long way to enhance the business by going to long distance market where there's the need for my products.My typical cost ranges from $8 to $20.My selling price also ranges from $10-$30.Averagely i make a profit of $3 to $5 on each clothing sold.A minimum of 50 shirts are sold weekly which in actual sense accumulate to an average sales of $800 to $900 weekly and $115 weekly. My weekly fixed cost is $25 which includes electricity and miscellaneous.My personal pocket/house keeping money weekly is $60 giving me a total weekly expenditure of $95 giving a contingency budget of $10 weekly.I strongly believe that this really defends my ability to payback my loan to lenders at $15 to $18 weekly without any stress.For now Profit from the business will be idle because i have completed the repayment of my maiden zidisha loan at a 100% credit ratings recorded.I have already draw my plans how to use my weekly profit of $15 to $20 to repay back this very loan am applying for.Profit will be use to payback my credit facility.

My loan of $300 (GHS 938) when funded will be use to increase my inventory/stock for my boutique business.The loan amount will be added to my current business capital and travel to Togo ( a country in west africa) to purchase men and ladies clothings.An average wholesale/dozen price in Togo for either men or ladies wear is $7 (CFA 4000) and this means that my loan of $300 of which am hopeful will be funded will really go a long way to increase my average stock units of 700 pieces to 820 pieces of clothings.

The benefits this will bring to my business is that it will really be my first time ever for such units of inventory/stocks.It means that i will have enough to sell to my existing and potential customers.it also means that my profit margin will grow at a projected 15%.