Loan to to buy bail of second hand clothes

Entrepreneur

About Me

My name is Abraham Appiah. I am an Ashanti. I come from Fomena in the Ashanti region of Ghana. I have lived at my hometown all my life from childhood till date.
My late mother was a trader, with my dad been a pupil teacher At Fomena Junior High school in the Ashanti Region. I have other four siblings aside myself. life as a child was not difficult but my early adolescent ages were difficult as most of the things needed to grow well. Despite all these myself and my siblings were able to pull through.
I had formal education to the secondary level.
I lean to trade from uncle who i went to live with after my senior high school days. He taught me the morals of hardwork and intergrity and later gave me my first starting capital to start my clothe sales business.

My Business

I sell second had cloths and dresses at Fomena, I had basic training with an uncle and this same later gave me a head start too.
I sell second hand dresses which are imported into my country Ghana. These dresses serves as basic clothen for many including the young and the old. I buy these stock in Bails which cost not less than $200 per Bail. but others cost more than that. When i am done selling, i do usually make good profits of not less than $70 on the cost of the inventory.
I save part of my earnings a great deal whiles i invest much of what is left into my business.

Loan Proposal

I will be buying one and a half Bail of second hands clothes. This is supposed to cost me some $125.00 . This inventory will include second hand dresses for both men and women, and children alike. This will help provide dresses in my community at affordable prices for anyone and will also help me have a living.
With this loan and its future prospects, i envision to make some profit increament of not less than some $70 on the entire amount invested into the inventory.
With this profit increase and a solid foundation now, i will be setting out to achieve my goals of building a simple clothe shop for all, both the rich and the poor in my community.

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