Business expansion

Anita

Maakro - Kumasi, Ghana

100% repaid

Entrepreneur

Name

Anita

Member since

February 2017

On-time repayments

34 installments  •  53%

About Me

My name is Anita Mensah from Maakro- Kumasi in the Ashanti region of Ghana. My parents are Ghanaians and both are Cocoa farmers. I attended St. Benedict international school in Suame -Kumasi where i had my Junior high school training and was among the most outstanding and best student in my graduating class. I did very well in the BECE. I went to St. Monica's senior high school in Mampong-Ashanti and also graduated from there with a very good grades. Being a professional teacher was my dream so i entered the teacher training college, Wesley college where i am still a student. My finances is not all that good so i sell goods in addition to take care of my expenses in the teacher training school. I sell watches to students to get money for my educational expenses. Business is quite good and i get money to buy the things/materials i need in school.
I am a hard working and highly business - oriented and minded student who aside her academics deal in a wide range of products to generate enough revenue to improve my academic life. I sell watches to students at an affordable/cheaper prices to generate enough revenue/dividends.

My Business

I sell watches to student expecially to those from weak financial background who are cash strapped and cannot afford the high cost of sophisticated and expensive watches. I provide an alternatively cheaper products for them. The business is doing very well and am able to generate much more money for my expenses in school. I chose to do this business because I realised that people and my colleague students were always buying watches from a far location and after realizing i could provide these goods and make money out of it, i quickly gathered money and started. The profit i get is reinvested into the business to grow it bigger and part is being used to clear my fees and other educational costs.

Loan Proposal

I need about 100 dollars to buy/procure more watches and sell them to raise the needed money to pay - off the loan and also reinvest part of it into the business as more revenue would be generated to expand the business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$93.00

Date disbursed

Feb 22, 2017

Repayment status

On Time

Projected term

18 months

Other loans

Lenders

Humble Bundle Community

San Francisco, United States

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