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.
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
Other loans
Lenders
United States
Norway
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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