Meet Dolapo
Dolapo was a late entrant to this party, however she presents as one of the most active and curious
participants. She is
a small business owner who sells groceries – water, rice, oil. etc.
Here are a few lessons Dolapo took home with her during the course of the training:
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1. Full understanding of budgeting (even though she is an illiterate, she solicits the help of
her child who documents her
income and expenses daily.)
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2. Initiated a salary structure for herself from proceeds of sales outside of profit.
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3. Practices the expense theory (documenting all overhead expenses and treating accordingly)
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4. Is able to adequately manage price hike in products, because she continuously boosts her
working capital
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5. Makes a documentation of each product sale as she has diverse products; this is so she knows
what products are to be
discontinued to make room for products that are continuously sought.
Mrs. Dolapo is excited about doing business a different way and looks forward to the endless
possibilities.
Impact of Seed Grant
The funds were infused into her business to stock up.