Buying new shoes to sell

Yeboah

Berekum, Ghana

100% repaid

Entrepreneur

Name

Yeboah

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

Am going to use the loan to buy new shoes to resell them in making profit out of it. I will be enjoying increasing of 10% profit out of this loan. The first one really help me . Some of the profit will be used to create a website in order to reach millions of Ghanaians and Africa as whole.

Feedback

5

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$26.00

Date disbursed

Sep 2, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

Ask Yeboah a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Daniel    Apr 29, 2021

    His line is not going through

    Log in to reply • Share
  • Daniel    Mar 29, 2021

    He said he will make the payment pretty soon

    Log in to reply • Share
  • Daniel    Feb 27, 2021

    Advice has been given to him to use the adjust option of the repayment

    Log in to reply • Share
  • Kwamina    Jan 7, 2021

    Yeboah said he will start repayment soon business is slow

    Log in to reply • Share
  • Yeboah    Nov 15, 2020

    Business not moving 9n well but am hoping for better days to come soon.

    Log in to reply • Share
  • Timothy    Nov 10, 2020

    He has agreed to make some payments in a short time. Thank you.

    Log in to reply • Share
  • Yeboah    Sep 15, 2020

    Work still close due to the covid-19

    Log in to reply • Share
  • Yeboah    Jul 30, 2020

    I have not yet resume work

    Log in to reply • Share
  • Yeboah    Jul 13, 2020

    We are still closed and am not working am hoping to resume work soon to help me repay the amount fast as possible. Thanks to you all for your patience.

    Log in to reply • Share
  • Yeboah    Jun 7, 2020

    We have not resume work yet due to covid-19

    Log in to reply • Share
  • Yeboah    May 9, 2020

    I have not resume work yet due to social distancing here in Ghana

    Log in to reply • Share
  • Yeboah    Mar 28, 2020

    Coronavirus has force our government to partially lockdown our country this has affected my business. Am hoping things will get to how it was soon.

    Log in to reply • Share
  • Yeboah    Mar 23, 2020

    6892ghc is the amount I received and I have used it to purchase shoes which I will resell them to make profit it. Thanks you all for supporting me and may the Lord bless you all.

    Log in to reply • Share
  • Yeboah    Mar 20, 2020

    Shoes is what am going to buy with the money. Thanks for your continually support.

    Log in to reply • Share
  • Yeboah    Mar 15, 2020

    Thanks for your support and trust u have in me. Keep supporting me by contributing to help me achieve my dream.

    Log in to reply • Share
  • Yeboah    Mar 11, 2020

    Business has start to speed up a little bit, but am still on point of repaying this debt on time to help access for more. Thanks for your support.

    Log in to reply • Share
  • Yeboah    Feb 21, 2020

    Thank God for the success I have having so far. Another thanks to zidisha for keep supporting me. Business has been slow of late and small small I will pay it on time.

    Log in to reply • Share
  • Yeboah    Feb 3, 2020

    Thanks to you all for supporting me to this level. I promise to keep it up.

    Log in to reply • Share
  • Yeboah    Jan 17, 2020

    MTN Ghana is having problemvwith the network, which has make transaction impossible. So please I'll pay it as soon as the network gets back to normal.

    Log in to reply • Share
  • Yeboah    Jan 13, 2020

    Business has been slow lately but surely we will get there. Soon the workers will start receiving their salary which will change the economy for good. Sorry for the late repayment.

    Log in to reply • Share


Loading...

Loading...

Loading...