BUISINESS PROPOSAL FOR GRAMMEN BANK.
This proposal is going to cost ten thousand naira and it is a pure water buisiness that has to deal with the good production of water . We are going to need three thousand naira to buy the machine that will distillate and filter the water.We are also going to need two thousand naira for the sealer that is going to be used to seal the water, we are going to need another two thousand naira for the leather that would be used to package the water. The name of this pure water is going to be Sam’s pure water .
There is high demand for pure water in this small town called Yola. Most of the water we can find in this town have not been properly distillated a lot of customers have already started booking for bags of pure water I am optimistic that the buisiness would yield great profit because I plan to be working round the clock from 7am in the morning to 9pm in the night am sure with this great effort I would make good profit .Water is one of the great necessity that humans can’t do without .We use it in our everyday daily activity.
I have meet various companies and they have showed interest in trying to purchase this pure water product so I am optimistic that it is going to yield good benefit. There are very few competitors in the pure water business. But the one of the strongest competitors I know is the sans pure water, they are also very good in pure water production but am sure I have an edge over them because they don’t have an updated distillating water machine .And I intend to get that machine before I start my business and I also intend to go at a cheaper price than what they are offering to the whole Yola state .So there would be high demand for my product. This high demand for my product would yield me good profit and would make it very easy in paying back the ten thousand naira loan. From my rough estimates in three months from now I should be able to pay back the loan.
My profit margin after the loan pay back I should be able to be making atleast five thousand every day as my profit. With my good production of water there would be less exposures to diseases like typhoid and cholera. This Sam’s pure water would be known Nationally and would be very popular within the Yola community.
I thank Grameen bank for the great help there are offering we Yola indigenes because without Grameen bank I could have dreams but they would never turn to reality because of lack of resources. May god continue to bless them for their economic and social effort. Grameen bank you people have helped us greatly by giving us micro credits without asking for collaterals and assets.
So I hope my proposal would be looked upon and I would be able to achieve my goal of owning one of the greatest pure water businesses in Yola town.
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