Purses, shoes, and beauty products for my shop

Elizabeth

Accra, Ghana

100% repaid

Entrepreneur

Name

Elizabeth

Member since

June 2015

On-time repayments

201 installments  •  55%

About Me

My name is Elizabeth Okai. I am 18 years of age. I am a Ghanaian and I live in Madina. I attended St. Peter's Mission School for my junior high education and Methodist Girls for my secondary school education.

After school, I decided to venture into business to be able to sponsor my tertiary education. My mother is a petty trader, so things are not rosy at home. I often help her in her trade. I thought of establishing my own business to lift the burden off my parents and create a better future for myself.

Ghana is a very peaceful country with fertile land. Agriculture is a very prosperous business here. My hobbies are listening to music and reading.

My Business

I deal in buying and reselling cosmetics, shoes, bags and jewellery. There are lots of ladies and women who fancy the goods I sell. I chose this kind of business because it's a business that sells out quickly. Sometimes one person can buy three to four different items at one time. I use about $100 to get my goods and I get back a 50% profit, which is $50. I save my profits for school in a bank, then I use the rest to continue my business.

Loan Proposal

I plan to buy my usual goods which have brought good patronage for my business. Those goods are bags,shoes and jewellery.
I will use $250 to get shoes, $100 for jewellery and $150 for bags.
Getting these goods to expand my business would give me a better chance of becoming someone in the future and bettering my community too.
I recently employed a girl a little younger than me to help in the delivery of my goods. I believe this has created a means of survival for one person in my community and I hope to do more if God permits.
I hope I get good profits to be able to stay in business and expand . I am hoping to get a 50% profit on my total sales.

Show original English  

About Me

My name is Elizabeth Okai. I am 22 years of age. I am a Ghanaian and i live in Madina. I attended st.peters mission school for my junior high education and methodist girls for my secondary school education. After school i decided to venture into business to be able to sponsor my tertiary education. My mother is a trader so things are not rosy at home. I often help her in her trade. I thought of establishing my own business to lift the burden off my parents and create a better future for myself.
Ghana is a very peaceful country and fertile land. Agriculture is a very prosperous business here. My hobby is listening to music and reading.

My Business

I deal in buying and reselling of cosmetics,shoes,bags and jewellery. There are lots a ladies and women who fancy the goods i sell. I chose this kind of business because its a business that sells out quickly. Sometimes one person can buy three to four different items one time. I use about $100 to get my goods and I get back a 50% profit which is $50.
I save my profits for school in a bank then i use the rest to continue my business.

Loan Proposal

I plan to buy my usual goods which have brought good patronage for my business. Those goods are bags,shoes and jewellery.
I will use $250 to get shoes, $100 for jewellery and $150 for bags.
Getting these goods to expand my business would give me a better chance of becoming someone in the future and bettering my community too.
I recently employed a girl a little younger than me to help in the delivery of my goods. I believe this has created a means of survival for one person in my community and I hope to do more if God permits.
I hope I get good profits to be able to stay in business and expand . I am hoping to get a 50% profit on my total sales.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$522.00

Date disbursed

Jun 8, 2017

Repayment status

On Time

Projected term

6 months

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Elizabeth a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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