Cosmetics and jewelry purchases

Sarfo

Techiman, Ghana

100% repaid

Entrepreneur

Name

Sarfo

Member since

December 2016

On-time repayments

75 installments  •  53%

About Me

I am a young​ lady from a family of seven. My parents are still alive but my father got injured during an accident which occurred when he was coming back from work. His injury came to affect my family so much that we were not able to go to school. Since then, my mother started a business on her own which comprises a shop with drinks, minerals​ and many other items. Due to that, my mother was able to account for my education.

I had an interest in becoming a businessperson, so I started a business in selling combs, makeups, sprays and other items. With this experience, I would like and love to train my kids to become business-oriented. With my leisure, I love to read and monitor people with a high class of business.

My Business

My business involves the selling of combs, makeups and spray. It helps to beautify people and makes them smell good. I chose this business with emotion, respect and because people see it to be interesting.

I used 1500 cedis for establishing it. The profit is used to support my younger sister's education.

Loan Proposal

I sell spray, jewelry, powder, earrings, rings, bangles, hair nets, combs, makeup equipment and artificial nails. Below are the details of estimated cost of the items.
spray=$100
powder=$125
Rings=$56
artificial nails=20
Makeup=$210
Bangles=44
Quarter=20
All these items will amount to $636.
These items will help ladies to have access to items that make them attractive.This business will gather some capital to help further my education and my siblings. I am expecting an increase in my daily sales and profit. I am hoping to get a 5% increase in my weekly income. I defaulted in my previous loan repayment because I was seriously sick and I was even admitted at the hospital for some weeks. I promise to make on time payment if my loan is full funded.

Show original English  

About Me

Sarfo christian is my name.am a young lady from a family of seven which my parents are still alive but my father got injury in an accident which occurred when he was coming back from work.
Due to that, his injury became so affected that my family was going so much difficulties, that we were not able to go to school.
Since that my mother started a business on her own which comprise with shop ,drinks , minerals​ and many other items.
Because of that, my mother was able to help for my education. I got interest in becoming a business person so I started a business in selling combs, makeups, sprays,bangles rebbins and others.
With this experience, I would like and love to train my kids to become business oriented. With my leisure, I love to read and monitor people with high class of business.

My Business

I sell spray, jewelry, powder,ear rings, rings, bangles,hair net,combs, makeup equipment and artificial nails. All these products are mostly used by ladies and women to make them look very beautiful.Because of this reason many women come to buy them on daily basis. I chose this kind of business because many people uses them products every day. Also it bring a good source of income. The typical cost in creating this business is about GHS4000. I will use the profit to continue my education and help my siblings in their education.

Loan Proposal

I sell spray, jewelry, powder,ear rings, rings, bangles,hair net,combs, makeup equipment and artificial nails. Below are the details of estimated cost of the items.
spray=$22.22
powder=$27.78
Rings=$12.44
artificial nails=4.44
Makeup=$46.67
Bangles=$9.78
Quarter=$20
All these items will amount to $143.33.
These items will help ladies to have access to items that makes them attractive.This business will gather some capital the help further my education and my siblings. I am expecting increase in my daily sales and profit. Am hoping to get 5% increase in my weekly income. I defaulted in my previous loan repayment because I was seriously sick and I will even admitted at the hospital for some weeks. I promise to make on time payment if my loan is full funded.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$154.00

Date disbursed

Apr 30, 2018

Repayment status

On Time

Projected term

2 months

Lenders

M

Mal57

Australia

Loungin

United States

JO

Johan O

Borlänge, Sweden

R

RMIM

United States

Paul Buchheit

Mountain View, United States

Ronald

Dättwil, Switzerland

RE

Robin EJ Spelbrink

Westerbroek, Netherlands

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