I grew up in a town called Tafo in the Eastern Region of Ghana. I started basic school at age 6 and completed basic school at age 15. I continued to Koforidua Senior High School and completed in 2007. After High School, I worked with some two companies and finally decided to start my own wine shop business. I got this idea of openning my own Wine shop when i was working in a shell shop. Ghanaians patronize quality wine a lot and I took this opportunity to provide them with quality wines. the very unique thing about Ghana is our hospitality. I have no children yet but wish to have three (3) children. my hobby is reading
I sell all kinds of wines. these wines are in high demand because Ghanaians take pride in drinking quality wine and do everything possible within their means to have it. I chose this kind of business because i have passion for buying and selling and particularly sale of wines. typically i spend an average of $20 on every single wine and I make a profit of $4 on each Wine sold. I mostly reinvest my profit to grow my business.
I will use the loan raised to buy Wine to stock my Wine Shop. I will buy Yellow Label Wines which will cost about $20 each. This will help me to increase my stock and also increase my profit margin. I expect that this loan will increase my profit margin by 10% monthly.
Purchase stock for my wine store
I grew up in a town called Tafo in the Eastern Region of Ghana. I started basic school at age 6 and completed basic school at age 15. I continued to Koforidua Senior High School and completed in 2007. After High School, I worked with some two companies and finally decided to start my own wine shop business. I got this idea of openning my own Wine shop when i was working in a shell shop. Ghanaians patronize quality wine a lot and I took this opportunity to provide them with quality wines. the very unique thing about Ghana is our hospitality. I have no children yet but wish to have three (3) children. my hobby is reading
I sell all kinds of wines. these wines are in high demand because Ghanaians take pride in drinking quality wine and do everything possible within their means to have it. I chose this kind of business because i have passion for buying and selling and particularly sale of wines. typically i spend an average of $20 on every single wine and I make a profit of $4 on each Wine sold. I mostly reinvest my profit to grow my business.
I will use the loan raised to buy Wine to stock my Wine Shop. I will buy Yellow Label Wines which will cost about $20 each. This will help me to increase my stock and also increase my profit margin. I expect that this loan will increase my profit margin by 10% monthly.