Loan to buy ceilling fan , standing fan and cylinder

Entrepreneur

About Me

My name is Richard Aduonu . I am a boy of twenty five years old .I was born at Agona Abodom and grew up at Agona Swedru in the central region of Ghana. I started schooling at the age of three years . I completed my basic school at the age of sixteen years old .I further my education to the secondary school at Agona Nsaba Presbyterian secondary school .After secondary school I started selling pure water on the street for about three month and made a savings of about four hundred Ghana cedis(gh400) .I later switch to sell torch light, radio, iron etc. at Winneba central campus. I like this business because it has help me alot in my life .Moreover I settle at winneba because there are many schools there and the Aboakyir festival they use to celebrate which is so special . Finally I couldn't go to university because of hardship in my country. I will like to thank you very much for taken my letter into consideration.

My Business

my business is a sole own business located at Winneba central campus . I started with about four hundred Ghana cedis about four years ago but has expand to about five thousand Ghana cedis . I Sell things like electric iron, fan , extension socket, rice cooker and many more. My business has been moving on successfully since I started, even though I faced some challenges some times . Further more my business is at the road side where many people pass which also contribute to the well being of my business. Moreover , the demand for my goods incease because the thing s I sell are things the students need day- in day-out. Finally my business continue to expand because i use the profit for reinvestment in my business . I thank u for taken my business story into consideration.

Loan Proposal

If i receive the loan from Zidisha i will used it to buy ceilling fan , standing fan and cylinder and put it in my shop to sell. One of the ceilling fan cost twenty five dollars to thirty dollars( 25-30US$) depending on the type . Again Standing fan also cost twenty to thirty dollars depending on the the type .(20- 30US$ Moreover the cylinder also cost thirty to forty dollars . If i get it my profit will increase to about thirty percent. This will help me to build a better future for my self and my family and also bring an improvement in my business. I promised to do the repayment of the loan in accordance with the rules and regulationa governing your services. I will end here with my application .I hope my loan application will be considered . THANK YOU..

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