A new set of cloths bale for sale

Fati

Akosombo, Ghana

Funds disbursed

$0 to go

100% funded of $4 goal

days left

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How it Works

Entrepreneur

Name

Fati

Member since

August 2016

On-time repayments

24 installments • 21%

About Me

I am in the person of Fati Sampson from Akosombo in the Eastern part of Ghana. I am married to a supportive husband who is an Agric extension officer of the ministry Food and Agriculture. i also take full responsibilities in the catering for the children. I am currently into the sale of clothes and used ones in Akosombo market. This whole idea of this business started way back in the year of 2014 when I started carrying tray of used clothes around the cities of Akosombo with some piece of cloths from door-to-door. I love doing business because it has been one of the hallmark of my life and any trade cant be better than being a business man or woman.

My Business

My business is basically into the buying and selling of cloths to men and women and young ladies and guys of any kind. The business is good and attractive. I normally buy from the textile industries and also mixed them with some used clothing from some whole wholesalers who they normally import it in bales from Europe. When they open the bales you select the items you are interested in. If you decide to sell or trade in women's wear then you select only female items. After making your selection, you show the clothes to the wholesaler, who prices it. When I come home I put my price on each item. I started this business with only 230 GHS but now I can confidently say that my turnover now stands at 1480 GHS a month. In all this in my business there are usually some dark side challenges that makes our business suffer loses, and this is , due to the fact that people like buying on credit when they do that, my money gets locked up. I then have the problem of going round to collect what I am owed. If they don't pay then I cannot go for new stock.
Currently I would like to post a loan application here to enable me raise funds to buy new bales[used Clothing
] in order to replenish my stock.

Loan Proposal

I will need funds for a new set of cloths bale for resale. This is due to the fall in prices recently due to the festive season we are currently in. The price of fose bale is reduced and i need to buy another consignment for resale. So kindly assist me my lenders.