Entrepreneur
Name
Yeboah
Member since
May 2016
On-time repayments
183 installments • 38%
About Me
I AM YEBOAH RICHARD OF 28 YEARS OF AGE. I COMPLETED JUNIOR HIGH SCHOOL IN A YEAR 2007 AT JINIJINI SDA MISSION SCHOOL AND CONTINUED TO SENIOR HIGH SCHOOL \JINSS\ AT JINIJINI IN BRONG AHAFO REGION OF GHANA.FROM THERE I WAS ABLE TO MAKE IT TO UNIVERSITY OF CAPE COAST IN GHANA AT THE YEAR 2011 TO 2012 ACADEMIC YEAR AND DROPOUT FROM THE SCHOOL DUE TO FINANCIAL DIFFICULTIES I WAS FACING, BECAUSE I AM FROM VERY POOR FAMILY. MY UNCLE WAS TAKING CARE OF ME IN SCHOOLS AND HE LOST HIS JOB , I WAS NOT ABLE TO CATER FOR ME EDUCATION AGAIN. I LATER FOUND MYSELF IN BUSINESS SELLING COSMETICS .THE SAME UNCLE OF MINE GAVE SOME CAPITAL OF MONEY TO START COSMETICS BUSINESS IN THE YEAR 2014 TILL NOW. I HAVE NOW OWN A COSMETICS SHOP.
My Business
I SELL COSMETICS OF DIFFERENT KINDS.
IS VERY USEFUL AND ALWAYS THE DEMAND IS HIGH . IS DIFFICULT FOR PEOPLE TO LIVE WITHOUT USING COSMETIC.
I CHOOSE COSMETICS BUSINESS BECAUSE, IT RUNS FAST AND I MAKE ENOUGH PROFIT OF IT .
PEOPLE LIVING AROUND AREA WHERE MY SHOP IS LOCATED IN ACCRA, MOVE TO FAR AWAY TO BUY COSMETICS AND NOW I HAVE BROUGHT SOME TO THEIR DOOR STAIRS .
I USED THE PROFIT TO CATER FOR MYSELF AND MY BELOVED FAMILY .
Loan Proposal
I will buy cosmetics products with the loan . At most one product may cost ghc15 which equivalent to $4 . Meaning I will be able to buy at least 185 pieces of products of different kinds . All will cost at least $750 . It will help me employ more worker as far as stock products are going to be increase. My profit i will be increased in order get enough to support myself and family. Thank you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$671.00
Date disbursed
Jul 7, 2017
Repayment status
Late
Projected term
31 months
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