Frank Arthur
Kumasi, Ghana
100% repaid
Name
Frank Arthur
Member since
November 2020
On-time repayments
38 installments • 58%
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.
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.
I am grateful for the opportunity given me 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.
I can fully repay my loan in the coming weeks ahead because there is no lockdown here in Ghana and businesses are operating and selling here so i can pay my loan from the sales from my locally made sandals and slippers.
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Neutral
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Project Type
Classic Loan
Disbursed amount
$300.37
Date disbursed
Dec 21, 2020
Repayment status
On Time
Projected term
6 weeks
Cost to entrepreneur
Service fee: $10.89
Credit risk payment:
$32.67
Optional expediting fee:
$21.78
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