Inventory for my provision retail shop

Entrepreneur

About Me

My name is Rose Yeboaa. I come from Berekum in the Brong Ahafo Region of Ghana. I had only basic education and that was the end of my education. I joined my elder sister in the capital of Brong Ahaf, which is Sunyani, where i was introduced to petty trading.

I have been trading in provision goods like milk, sugar, bread, toothpaste, etc. I used to follow her until sometime, I was given my own capital to start a business. It was very smooth for me, because I had been doing that for so many years. The provision business is very common in Ghana, but with high experience, or let me say practical experience, will always guide us through. I have been married and blessed with three kids.

My Business

I sell general provisions, as I have said earlier on here. I sell provisions like milk,sugar, bread, tinned tomatoes, etc. There is a high demand for this business or service all the time, because it looks like it is daily usage products and they are needed on daily basis.

I chose this kind of business because I have been doing this for years and I have hands-on experience, which means I can get the most out of this business. When you invest about $100, I can get a profit of about $40 a week and it is very interesting. I will use the profit I get to finance my kids' education and use the rest to improve upon my life. Thanks.

Loan Proposal

I thank lenders for my previous loan. Am most grateful.
I will buy milk, sugar, tinned tomatoes, tooth paste, etc. in higher quantities when granted the loan. My business is very fast-moving and I am located at a vantage area, where many prospective customers pass by daily. Thus my products are daily consumables and are very high in demand. I now need a loan to expand my business and cater for the business well, then use the profits to further my kids education.

When given the loan, I shall use $60 for sugar, $80 for milk, and the rest for tin tomatoes. I can repay the loan when given the help, because I have a ready market and I have a very large number of prospective buyers, as I keep on shorting my goods due to lack of funds. I plead with lenders to see me through with this loan and I will never let them down

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