To make liquid soap for sell

James

Kumasi, Ghana

100% repaid

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How it Works

Entrepreneur

Name

James

Member since

January 2021

On-time repayments

23 installments • 57%

About Me

I was born and raised in a town called Sepaase in Ashanti region of Ghana. In my childhood days, I always dreamt of becoming a business owner. I started waving Kent at the age of 9 years.

I used to read a lot of stories that talk more about business and how to become a successful business owner. As time goes on, I decided to stop waving Kent and I fully focus on my education.

By the time I had joined high school, I knew I wanted to become a great CEO of my own company. I chose to read business and I decided to learn hard to achieve my set target. I saved some money with a motive to run a mobile money business after high school.

I completed high school in the year 2013 and I set up my first container in Abuakwa near the new market to operates mobile money business. Life was full of challenges,But I decided not to give up. I saved some money to continue my education.
I read business administration in Garden City University college which is located at Kumasi in Ghana.

The time I was schooling, I join a leading network marketing business which I am still a distributor. I make income in three ways, I make money from the network marketing business, my mobile money business and I also receive monthly salary as a service personnel.

My Business

BF suma is a leading network marketing company in Ghana and I am a distributor of the said company. My work is to buy product from the company as a wholesale price and sell it as a retail price. I make money from the sells of their products and enjoy monthly commission basis on the number of products I am able to buy at the end of each month. Every month I am able to sell Ghc12,000.00 wealth of products and I make 20% profit out of my total sales. The company also pay me a commission on the sells I made in a form of pv which is calculated in dollars base on my level, i receive extra 13percentage as my monthly commission. I also own a mobile money business of which I make extra income.

Loan Proposal

I want this loan to add to my capital to make liquid soap for sale. I have learnt how to make liquid soap and I want to invest in making liquid soap and see if I can also make extra income in addition to my income I make a week. I believe that with the help of this loan I can achieve my set aim.

Income Source

With the help of my businesses I ready have if due to two or three reasons I am not able to pay the loan I will use the money I make from other businesses to pay.