Entrepreneur
Name
Mary
Member since
April 2015
On-time repayments
300 installments • 57%
About Me
My name is Mary Okai. I am 45 years of age. I live in Madina,opposite assemblies of God church. I attended little angels primary school in lagos-Nigeria,and i attended Girls Academy for my secondary school education.I got married to a Ghanaian and moved to Ghana.
I see moving to Ghana as a blessing because when i got here i knew nothing about my surroundings. I quickly familiarized myself with the environment and made friends with people.Then I looked for the quickest business i could venture into which could both be lucrative and less tiring.Thats when i started buying goods to resell.
Ghana has a lot of tourist sites,and the people are very simple and hospitable.This kind of warm reception made me decide to live in Ghana permanently.
I have five children;3 girls and 2 boys.My first daughter wants to be a computer scientist,my other two daughters want to be doctors and my sons want to be lawyers.
When i have nothing doing i enjoy braiding my daughters' hair,and baking pastries for my family.
My Business
I buy and resell kitchen appliances and utensils.These goods are high in demand because they are mostly bought by women and students in the hostel.I chose this business because if the right capital is invested in it it could be very lucrative.
I normally use $500 to buy and when i resell i get a profit between $200 and $250 I use my revenue to help my husband in taking care of the children,and providing certain household needs.I then use the rest to repurchase my goods to resell.
Loan Proposal
I want to open up a beauty parlour. I have secured a shop and I will use this loan to buy equipments needed in my beauty parlour.
I will use $500 to buy hair dryers and hair wash basin. Then I'll use $200 to buy chairs,and $300 to buy beauty products which would be used for the hair,products for pedicure &manicure and products for facials.
Finally I will use $200 to buy other important things I need such as waiting chairs,beauty magazines and hair extensions.
Feedback
Positive
6
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,334.00
Date disbursed
Jan 5, 2018
Repayment status
Late
Projected term
6 months
Lenders
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BernadetteV Dec 8, 2017
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