Entrepreneur
Name
Steven
Member since
September 2020
On-time repayments
4 installments • 75%
About Me
I’m Steven Acquah, 25 years old born and raise in west Africa Ghana. I’m very hard working, Strong and support my family. I live in the main city Accra, I have been living by myself for 6 years now to work and take care of my family. Exactly 2 years ago I open Clothes Store. Over a year my business was growing significantly to the point where I had to invest more. But due to the corona virus that have been in the world over some months. I run a wage lost when Trading with some country in west Africa because of the currency rate. I couldn’t hold my business again and I have been home for 4 months now. I’m Im here asking for loan to help me with my business again
My Business
I’m writing this letter to ask for a loan to expand my business. I am very confident that there is a strong Market in trading of Clothes in Ghana here. I have many repeat customers and my client base is growing rapidly as word about my business spread through the city where people buy clothes from me . I have own this for 2 years now it really helps me to take care of myself and support my family. My income is between GHS 4,000 to GHS 7,000 every month. Annually my income is between GHS 74,000 to GHS 90,000
Loan Proposal
I want to invest in my clothing business and also expand the business. I will employ two workers which I will pay them weekly and also have 2 motorbikes that will do deliveries all over the city. I have social media platforms which I advertise my business on.
Income Source
I want to expand my business so I can over come other risk. That’s why I have created Facebook and instagram market platforms for customers who can’t come to the store will see online and I have two motorbikes that will be delivery to them
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$13.00
Date disbursed
Sep 8, 2020
Repayment status
On Time
Projected term
1 week
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