Expand shop to pay siblings college fees

Bernard Oxford

Cape Coast, Ghana

51% repaid

Entrepreneur

Name

Bernard Oxford

Member since

May 2015

On-time repayments

106 installments  •  34%

About Me

My name is Bernard Commey, an elder brother of 4 siblings who look up to me for support. I just completed a degree program and trying to look for a job in our world of high unemployment rate. I have an ambition to strart and build my own business, support my family and other people who needs help as such. I love to put business ideas into action. For now I managed to start a small provision shop. I want to help to support my little brother in college to pay his fees with this business if I can expand it.

My Business

I have a chunk of business ideas I have written down to execute in good time when I'm well resourced. I used to buy and sell watches, bracelets, computer accessories to my colleagues and other students on campus. It was a very good business which earned me lots of money that was useful to me in my up keeping at school.
I managed to open a provision shop which I am currently running and e which I want to expand. . I need this loan which I will faithfully pay back on time. I will never default. I promise to turn up the loan granted me to good business purpose

Loan Proposal

I WILL BUY FOOD STUFFS AND OTHER GLOSSARIES FOR MY SHOP WHICH MAY COST ABOUT $200 AND SELL TO MY HIGH DEMANDING CUSTOMERS AND FAIN GOOD PROFIT. THIS WILL HELP EXPAND MY SHOP AND ALSO HELP TO SUPPORT MY BROTHER'S SCHOOL FEES IN COLLEGE.
IN THIS WAY I CAN ALSI MEET MY CUSTOMER DEMAND AND GIVE THEM QUALITY PRODUCTS TO ENJOY.
I HOPE TO GET MORE THAN $50 PROFIT ON WEEKLY BASIS. I CAN COMFORTABLY PAY BACK THE LOAN IF IT IS FUNDED FOR ME

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$319.00

Date disbursed

Aug 26, 2015

Repayment status

Late

Projected term

23 months

Other loans

Lenders

PG

Paul Graham

United States

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