Entrepreneur
Name
Clement
Member since
October 2016
On-time repayments
100 installments • 16%
About Me
My name is Clement Owusu. i was grew up in a town called Kwadaso and I have grown very quickly and now have a shop. i offar supplies services for cosmetics whole sale. i sell my prodacts from big local businesses as much as possible in order to support our community and provide a truly unique cosmetics experience to my customers.
My Business
It is a cosmetic shop. I sell various forms and types of creams. Body lotion and hair cream of all types. It is a very booming business because everyday women have to change their hair style and also use body cream. Since I was a shop assistant. I had a knowledge about the business I was enterring. The profit is used for reinvesttment. And still single so building the business for my future and my kids. Cosmetics are quite expensive . I have invested 300 dollars and that is for the start for entered t the cosmetics shop and there was quicked demand because of the shop location. Business is fine
Loan Proposal
Since I am already in cosmetics. It will be very prudent and lucrative if I get a salon store. I need money to rent a store which payment is monthly. So customers will buy the products from the store and straight to the salon for their do. The can also fix their nails, eye lashes and the rest. This will be beauty in its totality. I will use the money to buy some few things which will be needed for the manicure and pedicure. It will cost about 80 dollars. It will help me personally continue my education and also help me give jobs to people. The profit will be reinvestment. I am always business oriented.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$20.00
Date disbursed
Oct 31, 2016
Repayment status
On Time
Projected term
4 months
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