Entrepreneur
Name
Frank Kojo
Member since
October 2020
On-time repayments
37 installments • 38%
About Me
My name is Frank Kojo Nimako, I grew up from Asafo in kumasi and schooled at Prempeh College. After Prempeh college i travelled to Uk but was deported due to Papers. I struggled a lot because I spent a lot to travel outside the Ghana just to find opportunity to help my family. I came to Ghana and because my financial situation was worse I decided to start a small business in cosmetics. I am an Ashanti and form Oyoko clan which is headed by Otumfuo Asantehene II. Ashanti is very rich with variety of cultural display and nice place to be. I have three children with my wife and my first child want to be a pilot, second Nurse and third want to be a doctor. I like playing basketball which i did enjoyed at my youthful days.
My Business
I sell cosmetics like skin lotion, spray, and other products. These products are very essential and used by many people. I choose to invest in these products because i did have a friend who has invested in this business and is doing very well. I have so far invested about $100 in this business and is very good. I use my profits for home renovations, business expansion and family expenses.
Loan Proposal
I want to buy more hair food to sell out to my customers, there is a particular pomade i have been making and selling to my clients. It is called Franko Hair food which is good for the hair. This hair food repairs broken hairs and is well patronize by my customers. This will increase my profit from the previous 5% to about 7%.
Income Source
I would be paying the loan form the little profit i gain from selling from my previous stocks. I would be paying on time.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$13.00
Date disbursed
Oct 16, 2020
Repayment status
On Time
Projected term
1 week
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