Adding to my second hand clothing selling
Addai Asamoah
Kenyase-kumasi, Ghana
100% repaid
Entrepreneur
Name
Addai Asamoah
Member since
September 2017
On-time repayments
14 installments • 50%
About Me
I am Addai Asamoah Richard born on the 25th of August 1983 and have completed a diploma in basic education and now have a certificate on it.I passed through a lot before getting into school I was using a scale to go round for people to stand on it to show their weight and gather the proceedings to go on life.I came to the selling of second hand clothing by collecting it in small quantities to sell them from a friend which we call it (go come).the uniqueness of my culture is that it doesn't cost much and it easy to go on anything you wished of. My children wants to be good people's in life n become workers in any government institution after their education. I'm a funeral of imitating others so I like watching concerts on tv n practicing them.
My Business
I am a second hand Cloth seller n in Ghana here apart from the native dresses we wear only this type of clothes because of our middle status income economy this makes me chose this type of business n also it a little profitable moreover it doesn't cost for too much income before u start you only have to get a place n start in small quantities n sell at a moderate price. After every sales I put two thirds of my profit into Susu savings n one third for the house keeping including my children schooling and the money saved to grow up the business.
Loan Proposal
I will used it to buy more clothing to expand my business which will fetch a profit of about 70%.it will help me to cater for my wards and also present some of the children's home for blessing upon my second hand clothing business. The items will cost me 10 dollars
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Loan Info
Project Type
Classic Loan
Disbursed amount
$10.00
Date disbursed
Oct 21, 2017
Repayment status
On Time
Projected term
5 weeks
Other loans
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
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