Buying more executive shoes and sandals to resell

Yeboah Herbert

Berekum, Ghana

100% repaid

Entrepreneur

Name

Yeboah Herbert

Member since

August 2015

On-time repayments

146 installments  •  82%

About Me

It all started when I have to stop my university education due to money issue as the person who is paying for my school fees said he can't afford anymore so my parent have to continue from where he has left it. After this incident I went for loan and started this business on my own which I have paid it back without owning them. I want to put my business on the next level by creating a website for it so that I can reach millions of people, thus joining the online selling. I want a future where my kids will enjoy better education and to be best of what they believe in. Now I've been teaching myself how to develop Android app. So that I can develop one for my work soon.

My Business

Am into selling of executive shoes. It is mostly used by the working class and occasionally used by non working class. In my society it represent decency and gentleness. I earn profit from it as I buy it at wholesale price and sell it to my customers to earn a profit from it. I can buy a shoe of 150ghc and sold it at 250-300ghc to earn a living. I incur cost like electricity, transportation and rent. But my cashflow outweigh my cost

Loan Proposal

This loan will be used to buy more shoes and sandals of low price and sell them as higher price which will aid me to increase my profit. This time so I good time for business as all work here in Ghana have resume from the Christmas break and new employee Ave hjoin the working force, they all be force to buy executive shoes as a requirement or their dressing code. So I intend to use this opportunity to my advantage buy buying more shoes and reselling them. A shoe that I will buy for 80GHC will be sold for 120-200GHC depending on the person finance. The profit will be invest in rearing pig as am planning to enter into the livestock business.

Feedback

5

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Loan Info

Project Type

Classic Loan

Disbursed amount

$582.21

Date disbursed

Feb 22, 2019

Repayment status

On Time

Projected term

7 weeks

Cost to entrepreneur

Service fee: $17.73

Credit risk payment: $106.73

Lenders

R

Raabo

Rungsted, Denmark

AltruisticSelfishnes

Chicago, United States

lietu

Tallinn, Estonia

J

JBosshardt

Redmond, United States

Kjartan

Oslo, Norway

Martin

Manama, Bahrain

T

Tallago3

Munich, Germany

H

HappythroughHelp

Torrance, United States

C

cjmenchaca

Austin, United States

Jeff and Marcie

Portland, OR, United States

Krtecek

Balzers, Liechtenstein

Tavin

Ottawa, Canada

airvillepa

Airville, Pennsylvania, United States

P

Pengetilafrika

Mårslet, Denmark

Sundstroms

Falun, Sweden

ElWal

Kirn, Germany

M

mrmrsw

Bournemouth, United Kingdom

DLarson

Morris, United States

Cloudways

Malta, Malta

clemenchiang

Singapore, Singapore

D

doinggood

Missoula, United States

SQ77W

Wellington, New Zealand

lorello

Vicopisano, Italy

Jouni

Finland

madnomad

San Francisco, CA, United States

S

SvenWaage

Stavanger, Norway

G

Goodwill

Oakland, United States

B

BClay

Campbell, United States

K

Kaz12

Winnipeg, Canada

M

mkellerman

Shanghai, China

A

Andy

Berlin, United States

fairspirit

Utrecht, Netherlands

J

Jamie

Vancouver, United States

T

Taupe

Balzers, Liechtenstein

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

M

Moonknight

Østre Gausdal, Norway

W

WinWinNL

The Hague, Netherlands

gseletko

South Perth, Australia

S

Smith

Kespu'kwitik, Canada

JFais

Atlanta, United States

JOKer

Weisendorf, Germany

O

Ohio

Ohio, United States

thomas2666

Brisbane, Australia

D

DelapierceD

New York, United States

markpearson

Portsmouth, United Kingdom

lizandsteve

guelph, Canada

A

ADISI

Bern, Switzerland

Evan Lamos

Brussels, Belgium

Scotts5320

New York, United States

dlpringle

Denver, United States

G

GoughGirl

Washington, Dc, United States

pvilliger

Zurich, Switzerland

M

Malibu

Westwood, United States

T

tomcat14

Brussels, Belgium

K

Kendah72

United States

KrautFunding

Hamburg, Germany

Kamil

Lidzbark Warminski, Poland

bb4dogs

United States

Angelos

Nicosia, Cyprus

Steve

United States

T

thehigginsons

United Kingdom

M

mbarbier

United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

Karijn

Amsterdam, Netherlands

MD

Miles Dodge

CORVALLIS, United States

BS

Bart Sturm

Amsterdam, Brazil

Kevin

San Francisco, United States

WE

Wendy Emlyn

Devon, United Kingdom

R

Rembrandt

United Kingdom

Mark Grey

Redding, CT, United States

E

eriklonnroth

United Kingdom

Paul Smithson

Leeds, United Kingdom

A

Andrei

United States

P

Peter

Bratislava, Slovakia

R

Ryan

United States

E Mac D

Luxembourg

I

ixeldog

atlanta, United States

LZ

Li Zhang

United Kingdom

Sinan Taifour

Munich, Germany, Germany

Ren

Minneapolis/StPaul, United States

L

Lucy

Australia

Benjamin Kniaz

Boston, United States

WS

Warren Shen

United States

MF

Mike Frawley

United States

JA

Joshua Axtell

United States

Grégoire

Zurich, Switzerland

D

Dalton

San Francisco, United States

CJ

Chris Jones

Seattle, United States

C

Campbell

New Zealand

HCPSPIRIT

Helsinki, Finland

M

Margaret

United States

JF

J Fister

United States

R

RMIM

United States

Tyler Metcalf

Utah, United States

S

Sarah

Arlington, United States

BA

Burf and Patsy

St. John's, Canada

JM

Josh Menke

United States

C

Corran

United Kingdom

Darren Jeppson

Denver, Colorado, United States

BG

Bruce Garretson

Portland, Oregon, United States

CP

Chris Prall

United States

RD

Roel De Meester

Antwerpen, Belgium

sbdoc

Reno, United States

E

EJOBIV

United States

SN

Sam Noyce

United States

MH

Matt Hodges

United Kingdom

CH

Christian Holck

United Kingdom

Alisha Gallini

United States

CJ

Chloe Jensen

United States

AC

Adri C

United States

DO

Denis Ontiveros

Guildford, United Kingdom

B

Ben

United States

We Not Me

St. Paul, Minnesota, United States

KM

Karen Marshall

Alice Springs, Australia

CC

Carl Corvin

United States

MV

Michael Vereb

United States

D

David

United States

LT

Lisa Taylor

California, United States

Francesca

Scotch Plains - New Jersey, United States

EA

Eric Ayers

Atlanta, United States

BS

Brian Schmidt

United States

A

Anonymous

United States

BW

Bob Wheelan

United States

AF

Amon Feen

Göttingen, Germany

EE

Eff Emm

Switzerland

M

Mika

Switzerland

KF

Kathy F

Memphis, TN, United States

Michael Winter

Hessisch Oldendorf OT Rumbeck, Germany

Peter Collins

Darmstadt, Germany

P

PatrickZisha

United States

LL

Laura Loos

Netherlands

Blake Rutledge

United States

United States

RB

Randee Bowder

United States

T

Tari

Singapore

BH

Brad Holaway

Scottsdale, United States

JP

Jesus Pizarro

United States

P

Patto

United States

John Doe

United States

C

chellepaningbatan

United Arab Emirates

Andrew

United States

B

Bram

Germany

Cambium Foundation

Kirkland, United States

AL

Anna Lusero

United States

RS

Ralph Smyth

United Kingdom

T

T

United States

NB

Nikolaus Bührer

Karlsruhe, Germany

Angela Chu

Toronto, Canada

JA

Justin A

Fort Collins, United States

S

Sam

New Zealand

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