A loan to support my watches and shoes business

Entrepreneur

About Me

My name is Enchill Timothy. I am 24 years old. I am chocolate in complexion and about 1.4m tall. I have 5 siblings, 3 boys and 2 girls. I attended basic school and continued with Senior High School in Kumasi. I am currently studying nursing in the University of Ghana and I sell watches and sneakers on campus to fetch myself money to cater for My school items. My favourite food is Rice and Tomatoes stew. i spend my leisure time playing football or reading books. I am someone who has passion for saving lives.

My Business

Basically, I used to work as a labourer years back until I heard about Zidisha. Now, with the help of zidisha, I sell sneakers and watches as a part time business on my University campus. Profit from this business helps me buy books for my course and other items I need. I invest into as many as 60 sneakers and 100 watches at a go. Each watch costs $5-25 and each sneaker costs $20-40. I plan on buying more watches when my current loan is funded.

Loan Proposal

I will use this loan to purchase more watches and sneakers to sell during my clinicals in the hospital environment and in my society. I hope on buying about 50 pieces of watches of which each's price ranges from $10 to $55. I also hope on investing my next loan into at least 55 pairs of sneakers each of which will cost about 30-50 dollars. I'm hoping my profit will increase by at least 10% and i will be able to add one or two different fashion accessories by the end of this loan period. this loan will help me in settling my fees from my profit and also help me expand my business. This loan will also enable me purchase some items for school such as stethoscope, thermometer and sphygmomanometer that will help me in appreciating the theory part of my nursing course practically.

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