To fill my shop with enough credit cards and sim cards

Entrepreneur

About Me

I was born in kokooso a village in the Asonafo South District in the Brong Ahafo Region of Ghana. Because my parents was living there at that time. I attended kokooso primary and junior high school after which I had admission to attend bawku senior high school in 2007.
In secondary school I had the passion to do business. Because of the financial status of my parents, I knew it will be difficult to continue my education to tertiary after my secondary school. I started saving, small amount of money relatives givens to me as my pocket money. After my completion I was having Gh120.00 (30 dollars) which I knew I can use to start some business. I sell credit cards of all the various telecommunication networks in Ghana(M.T.N, Vodafone,Airtel, Tigo, Onetech and
Glo)
The culture of the peoples makes business good every market day business boom well. I like football and also like reading all kinds of books ringing from story books, magazines and novels in my leisure time.

My Business

I sell credit cards of all the various telecommunication networks in Ghana here and their Sim cards in bawku. The selling of these credit cards and the Sim cards are in demand because every day peoples will make calls and also browse the internet. I decided to choose this business because it does not need huge capital before one can start and more to the point the risk is minimal.
The cost involves in my business is such a way that, I have a capital of Gh450.00 that is about (113 dollars) and every market day I run short of credit cards to my customers due to the low levels of my capital. Averagely I make profit GH16.00 to Gh20. 00(4 to 5 dollars) a day and the profit is reinvented in growing the business.

Loan Proposal

If am granted with the loan, I will stock my shop with enough credit cards which will cost about 800GHS(200 dollars) and Sim cards which will cost about 120 GHS( 30 dollars) so that I will not be loosing my customers due to insufficient or shortages of credit cards and Sim cards.
I also intend to do mobile money transfer business because my customers have been asking me all the time which is very lucrative business, but due to my low capital I have not been able to start.
I strongly believe that if i am granted the loan,i will not loose my customers, because I will not shot credit cards and Sim cards and provide my customers with good services. It will help me increase my profit level averagely from 40 to 60 GHS( 10 to 15 dollars) a day. But if am granted with the loan,i can start the mobile money business which will help increase my profit level averagely from 100 to 120 GHS( 25 to 30 dollars) a day.
I hope my proposal will be given the necessary consideration.
Thank you.

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