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Clothing Sales

Loan for sandal business

John DoeJ
EntrepreneurIsaacLocationAccra, Ghana
Project status
100%funded
$282raised
9%paid forward

I am Isaac Amekeh , the 10th child in a family of 11

My old father and mother understood the importance of formal education but could not raise enough funds to look after my brothers and me. As result I work hard on the farm to raise enough money to finance my education up to Secondary school. I later trained as a mason and have worked for these 7 years.

The need to create a secondary source of income to fend for my nephews and nieces has compelled me to take to dealing in sandals when I have no new site to work on.

I deal in brand news sandals.

People need these sandals to look presentable when they attend ocasions

The demand is high seeing no one would do away with footwear.

I buy them from a local manufacturer anmd have to pay transportation to convey them to the stall where I display it.

The proceeds are used to pay school fees and to feed my children and nephews.

Part of the profit goes into growing the same business.

Term 1month

Purchases:

Sandal Sales

Quantity Unit price( $) Total($) Qtity U . Price($) Total($)

70 11.00 770.00 70 14.00 980.00

Transport 15.00 15.00

Miscellaneous 10.00 10.00

795.00

Profit $185.00