A loan to buy some fuel for my car

Entrepreneur

About Me

I am Michael Agyapong from Kakumdo in the central Region and I am twenty three years of age. I schooled at Kakumdo junior high school and proceeded to Cape Coast technical Institute where I studied auto mechanical engineering.
After school life was a though game so I started working as a commercial driver. I have been working in as a driver till now.
With the little amount I managed to save, I reached an agreement with my car owner and he accepted $1000 I saved and instructed me to pay the remaining on an installment.
I thing I like about my job is that no matter how bad business is I manage to get my daily sales.
Central Region is a region full of tourist sites and beautiful landmarks.
I want my future children to be prosperous.
I like football and swimming.

My Business

I drive passengers to their destination in exchange for money.
My business is in high patronage because the number of cars to people in the region is 1:120. So it's high in demand.
I chose this business because it is highly patronized.
My typical cost is $20 a day and I love it.
I save 50% of my salary which is $30 and the remaining for mentaince.

Loan Proposal

I will use the loan to get some fuel for my car. A liter of fuel is sold for $1 So at least I can get about ten liters for $10.
This will create a lot of profits to me and others too because it is the fuel that is going to help me people from one place to the other.
I would like to have more profits so that I can repay my loan faster.

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