Augutine Opoku
Ho Agortime, Kpetoe, Ghana
19% repaid
Name
Augutine Opoku
Member since
March 2016
On-time repayments
197 installments • 18%
I am Senior High School graduate. I come from a family of eleven. I have five brothers and five sisters. In all , we are six big girls. Growing up was financially and socially tough for me. It got harder when dad lost his job and not pretty long mum also passed away. My elder brother finally pulled us out of it. He was a mum and a dad to the rest of us. His monthly income did us a great job. It got me through my senior High School education, equally as my siblings.
I always dream of a better future . Those around me and what I see tells me that all is not gone. I got hope from my environment and I have adopted the secret of hard work and determination. The secret of success. I never get weighed down even when I am pressured because those who are successful today did not give up but pressed on. I have learnt to press on and not to give up. It is really fruitful.
I started business on my own. My elder brother helped me with the starting capital. I walked and sell in markets in nearby towns and villages. I sell body and hair cream and lotion. I am happy because I have my own shop now. I buy them in large quantity to fill my shop. Since I am well known of selling quality products in the area, my products market well. It attracts hairdressers and hair barbers to always come and buy from me. They mostly buy in bulk. One of the advantages of selling well is the location of my shop. The location is advantageous. I make 30 percent profit on each product a day. I make much profit when bought in large quantities and it is more often. I use part of the profit I make to reinvest in growing the business, part for saving and home improvement.
I will use this loan to buy all kinds of hair cream , pomade and body lotion to fill my shop. I will buy them in large quantity. I buy them in large quantity because it attracts a very high demand. It also attracts a very high demands because there are a lot of hair salon and barbering shop around and they all come and buy from me. It increases my profit margin.
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Project Type
Classic Loan
Disbursed amount
$250.00
Date disbursed
Apr 27, 2016
Repayment status
Late
Projected term
45 months
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