Loan to expand my clothing shop

Entrepreneur

About Me

My name is jolanda pomaa from Berekum in Brong ahafo region , the name of my parents are Hinneh George and Abenaa henewa, we are a family of five and the elderly person among the children. I started school at the age four at Akab Complex school in Berekum. I was very smart and neat girl so everyone in the school likes me very much. After my kindergarten education,i graduate to class one on the same school at the age of six. The name of my class teacher is Mr Asan. He chose me as his class captain.
After my primary school education, I graduated to JHS at the school where I had my BECE certificate. From there I went to Sunyani senior high secondary school for my SHS certificate. I was part of the female school team and SRC board member. I use to help my mother during vacations, she was clothes seller at Thursday market in Berekum.
In life by all means hardship will come your way but how to overcome is the problem to some people. Any time there is hardship in my life or difficulties in my life, first of all, go down on and pray to God for guidance and solution for the problem. Secondary, I use to consult people who have experience than I do if is business difficult for and advice and guidance. I also took time to take decisions to overcome any hardship situations to achieve my goals.
My mother was a clothes seller so working with her on vacation gave me chance to learn that trade and after my secondary education, my mother gave me capital to start my own business. So that is how I started my business.
The uniqueness about the land and culture where I live is that they have promote wearing of local clothes for every Friday with the special name Friday wear. So the demand for the local clothes is higher in Ghana.
For now I have one child and he is four years old, but I want him to become a doctor in future.
I was a good footballer for the female football team. I like playing games when I Don have anything to do.

My Business

I am selling local and foreign clothes at Berekum central market. Thank you so much for the support that you gave me.
The clothes selling is at it peak because of the Friday wear introduction in Ghana. So the demand for the clothes is higher compare to other products in Ghana here especially the local clothes.
Now it is fresh academic year so demand for school uniform material are high so I want to raise this loan to go and buy it in bulk and come and sell
I learn this business from my mother after my SHS education, there is so much profit in it so I and my mother decided that I want to go into clothes selling after when I complete my secondary education and it has helped me.
Now my store is not big enough so I use to go round with the clothes.
The cost of my clothes is $500 and the revenue is around 50$ every month .
I use to use part of the profit for my bills and the rest to expand my business for it to grow.
Now there has been some changes in my shop thank you very much.

Loan Proposal

My name is jolanda Pomaa and am into selling of local clothes in Berekum central market. I like my business because the demand for my products is a little bit higher so the probability of making profit is high.
Now I want to add foreign clothes to my shop and one bundle that is 30yrds is 100 $ and 50$ depends on the quality, we have polished and non polished cotton materials.
When am able to raise this loan and increase my stock, so many benefits is going to be generated, I will be able to take good care of my children interns of quality education good standard of living and finally I will be able to meet the demand of my customers.
And more customers are going to come and do business with me.
My profit also is going to increase because I will sell more at the end of the day
Am sure my profit is going to increase to 50% since my stock has increased.
Thank you for your support.

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