Buying shoe-making materials for locally made sandals

Frank Arthur

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Frank Arthur

Location

Kumasi, Ghana

On-time repayments

13 weekly installments  •  100%

About Me

My name is Arthur Frank from the central region of Ghana but resides in kumasi Abuakwa. My father comes from the Northern part of Ghana but my mother comes from the central region. I'm married with a child and lives with my family. I like watching football and Basketball.

My Business

The business that I do for a living is making local sandals and slippers. I manufacture both ladies and men's slippers and sandals and send to other regions in bulks to retail to customers. This work has been helping me to cater for my family and I want to expand my business by making it in bulks quantities to sell. My source of income comes from the sales I make from the sandals and slippers and savings that I have made.

Loan Proposal

I am really grateful for the opportunity by supporting the growth of my business. I intend to use this loan to buy materials for making locally made sandals and slippers. This will enable me to produce more of the locally made slippers and sandals and it will boost my market increase of profits.

Income Source

Since many businesses and all sorts of works are currently operating and people patronize my local made slippers and sandals, I can repay my loan on time.

Feedback

None

None

None

Lenders

BW

Belinda Wang

United States

MC

Mark Cowburn

United States

CN

Craig Newmark

United States

Loan Info

Disbursed amount

$409.91

Date disbursed

Jan 17, 2021

Repayment status

On Time

Projected term

2 months

Cost of loan

Service fee: 5% of $409.91 = $20.58

Credit risk payment: $61.93

Optional expediting fee: $41.34

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