Inventory of ladies' bags

Richard Baffour

Obuasi, Ghana

100% repaid

Entrepreneur

Name

Richard Baffour

Member since

April 2016

On-time repayments

146 installments  •  49%

About Me

Born and raised in Obuasi, Ashanti Region of Ghana, I have always loved this town for its business opportunities it creates. At elementary school, I developed an intense enthusiasm for business management and entrepreneurship. So I pursued business electives as my course of study at high school and graduated with distinction mostly due to my urge for trade. Coming from a less privileged home, I still overcame the challenges of spending and saved quite an amount of money to realize my dreams of becoming a renowned businessman in my town. Though it has not being all roses but I have developed a philosophy of saving more, reinvesting more and expecting more. This philosophy has helped me throughout these years.

My Business

Bags retail has being my business since graduating from school. I conceived this business idea whilst still a student. This was due to the fashion trend that hit the school and the nation at large. Ladies would prefer once daily meal with luxurious wardrobe to a less-fashionable three square meal a day. After graduating, I commenced this ladies bags business with the little savings I had accumulated over time. With a 20% profit at start, mainly due to the high demand of the bags, I knew straight ahead that with a high business capital I would soon become a big businessman. Though supporting my little siblings, I always manage to reinvest at least 55% of the business profits.

Loan Proposal

With the high prospects for my bags business due to its inelastic demand, and through your generous lending I have positioned my business to a level I much appreciate today. And as strength and growth comes only through continuous effort and struggle, I seek a fourth loan of about $755 to help me expand my business. With this loan fund, I believe my profits will increase to about 30% and with all certainty I know it will put a smile not only on my face but also on the faces of the whole family that depend on my livelihood. Thank you for your benevolence.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$754.53

Date disbursed

Aug 7, 2017

Repayment status

On Time

Projected term

42 months

Cost to entrepreneur

Service fee: $20.00

Lenders

N

nani

austin, United States

T

Tmann

Los Angeles, United States

A

alfredo

Bremen, Germany

C

Christian

Saarbruecken, Germany

investor

Candiac, Canada

J

johan

Oslo, Norway

W

Witlof

Tsukuba, Japan

Umair Mahmood

Raleigh, United States

BelleStarr

Albuquerque, United States

M

Meckel

Boulder, United States

AltruisticSelfishnes

Chicago, United States

COOPITALIST

Toronto, Canada

DeanDropshot

Oslo, Norway

S

stroll

Stockholm, Sweden

J

JBosshardt

Redmond, United States

KyRoamer

Louisville, Kentucky, United States

AndreaBravi

London, UK, Canada

Ambrose

Calgary, Canada

T

traderjohn

Baltimore, United States

F

FHult

Stockholm, Sweden

T

Tallago3

Munich, Germany

R

Roman

Barcelona, Spain

Pere

Barcelona, Spain

C

cjmenchaca

Austin, United States

E

elkbrett

Bradenton, United States

Jeff and Marcie

Portland, OR, United States

kuebel

Vienna, Austria

K

Kollegah

Munich, Germany

B

briansedz

Canton, Ohio, United States

T

tmsaddress

Orlando, Florida, United States

B

Bavarian

Bavaria, Germany

HE

help each other

Glasgow, United Kingdom

A

anonymous123

United States

indeh

London, United Kingdom

J

JoJoHouse

New Castle, United States

A

Austrian

Graz, Austria

birtom

Ettlingen, Germany

L

lender

Dubuque, United States

L

loistf

Madrid, Spain

G

Goodwill

Oakland, United States

ads68

Melbourne, Australia

S

Scodeb123

Huntsville, United States

Christopher

Copenhagen, Denmark

Bhayl

Stavanger, Norway

A

Andy

Berlin, United States

fairspirit

Utrecht, Netherlands

S

ssj2k4

Broken Arrow, United States

J

javifdezsainz

Madrid, Spain

Bobrm2k3

Charleston, United States

S

solarkismet

Logan, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

M

Marod

Edmonton, Canada

neocodesoftware

vancouver, Canada

Zal0m0n

Atlantis!!!! x), Mauritania

A

AndrewC

London, United Kingdom

P

Pavane

Kungsbacka, Sweden

Lyssandra

Baltimore, United States

JOKer

Weisendorf, Germany

JonB

London, United Kingdom

H

Habroukema

Austin, United States

J

JulCam

Montreal, Canada

C

cranejoad

cazenovia, United States

T

Travelover

Northville, United States

Parkmobile

Fort Bragg, United States

M

mzhope

Harrisburg, United States

Freewolf

Salt Lake City, United States

D

daylin

Chicago, IL, United States

C

Clben7

Cincinnati, United States

M

mueba

Frankfurt, Germany

Evan Lamos

Brussels, Belgium

S

SanderBeckers

Brussel, Belgium

A

akshu71

Ottawa, Canada

sderickson

Berkeley, CA, United States

M

Malibu

Westwood, United States

D

drorm

United States

R

roozbeh

United States

M

Mcohan21

United States

Dreamworks.nl

Den Haag, Netherlands

D

dcktdjc

United States

A

adiipienaar

South Africa

M

Mal57

Australia

G

gerard

Netherlands

K

karthich

Austin, United States

M

merk85

United States

bb4dogs

United States

J

Jrung

United States

S

sarah4d2

Saint Louis, United States

larry

Sweden

smastermind

Jerusalem, Israel

mepster

San Francisco, Ca, United States

chriseyre

Fremont, Ca, United States

J

jsbisa

New Orleans, Louisiana, United States

S

simonthompson99

United Kingdom

TyWee

Manila, Philippines

B

bscent

Hong Kong

AndrewNeu

Ho Chi Minh, Vietnam

X

Xankari

Netherlands

J

JonAlec

United States

D

Desteli

United States

Grant Xavier Storer

Seattle, Wa, United States

Loungin

United States

K

Keith

Luxembourg

A

afrakhan

United Kingdom

K

KiraDee

United States

N

nshekher

United States

C

cocolo

United States

adrianz

United States

M

Millie_and_Babs

United Kingdom

TheGoodData

London, United Kingdom

M

M.Umar

Pakistan

C

Crainster

Chapel Hill, United States

SuperMario28

Cudahy, United States

S

Symoneous

Netherlands

S

Stephan

Netherlands

JP

James Parker

Sacramento, United States

Haim Si

Mexico, Mexico

Nigel Titley

Milton Keynes, United Kingdom

Joerg

Velen, Germany

M

Marcus86257

United States

Gab

Singapore

Dave Bogard

New York, United States

MZ

Matt Zirwas

United States

MD

Miles Dodge

CORVALLIS, United States

SMOICE

Berlin, Germany

MW

Matt Willis

United States

W

Wade

United States

Dominik Wagner

Karlsruhe, Germany

H

Hazel

United Kingdom

Jake Badger

Roskilde, Denmark

PC

Patrick Clavette

Hartford, Wisconsin, United States

KO

Kevin OBrien

Denver, CO USA, United States

R

Ryan

United States

E

erica

antwerpen, Belgium

Matthias

Seattle, United States

JB

James Bowen

United States

JK

Hamburg, Germany

EB

Erica Brescia

United States

AF

Alysn Ford

United States

KL

Ket Lin

United States

NH

N Holt

United States

JD

Jeff DePree

United States

PT

Paul T

Amsterdam, Netherlands

TH

tom hd

United Kingdom

Carla

Amsterdam, Netherlands

K

Kirouac

Augusta, Maine, United States

Pedro R-C

Cambridge, United States

Martin Nielsen

Aarhus, Denmark

PG

Paul Graham

United States

Sarah and Dave

Toronto, Canada, Czech Republic

JM

john meserve

United States

G

Grant

Germany

RV

Rob Van Dam

United States

AH

ajay hampapur

United States

N

Nick

United States

Aran Dunlop

United States

Kyle Holohan

United States

A

Andrei

United States

AK

Achim Königs

Bonn, Germany

P

Peter

Bratislava, Slovakia

Eugen Stamm

Zurich, Switzerland

Rory McLaughlin

Dallas, United States

Dan Michael

Oslo, Norway

Thomas

Sweden, Sweden

N

Noah

United States

philippelazaro

Eugene, Oregon, United States

KE

Karen Epolito

Syracuse, NY, United States

YV

Yuri Vanin

United States

V

Vidar

Oslo, Norway

Joelle Steiver

Brumunddal, Norway

LK

Leslie Kelly

United States

I

isaac

United Kingdom

RC

Rudi Chen

United States

A

Ashley

United Kingdom

M

Magnus

Switzerland

KK

karl kerksiek

United States

SB

Sue Bucholz

Sacramento, United States

BW

Betty Waweru

United States

K

Kenny

United States

Angela Linwood

Minneapolis, Minnesota, United States

Joseph Abell

Brisbane, Australia

Jes-c

United States

B

Brett

Australia

J

JT

United States

RG

Ravi Gadad

United States

Bill Ballew

Kansas City, Missouri, United States

JA

Jan Andresen

Hamburg, Germany

Sinan Taifour

Munich, Germany, Germany

J

jeananne

United States

I

ibaer

Germany

L

Lucy

Australia

cchhrriiss

Munich, Germany

Craig Newmark

United States

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

JA

Joshua Axtell

United States

Katie

United States

NM

Nitya Marepally

San Ramon, CA, United States

VC

Victor Chong

United States

BE

Bob Ewing

United States

R

Ralf

Germany

BP

Bill Piper

United States

Dave Magnan

Québec, Canada

MS

Mona S

United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

Haroon S

United States

NG

Nathan Grey

United States

The X2AI Team

San Francisco, United States

Dean Suminski

Portland, Oregon, United States

A

Andrew

United States

Christian

Vienna, Austria

R

RMIM

United States

KA

Khaled Asmri

Saudi Arabia

Mike

Indianapolis, United States

DW

Dan Winetsky

United States

Martha Fleury

Bethesda, MD, United States

WC

Walter Clarke

Phoenix, United States

Paul Buchheit

Mountain View, United States

Bryce Bow

Bloomington, In, United States

J

James

Los Angeles, United States

Jane

Ontario, Canada

SS

Sandi Smith

Pimpama. Queensland, Australia

A

Adriaan

Netherlands

S

Symballesthai

United States

A

Anonymous

United States

John Barnett

United States

Nethanel Kohen

NYC, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

JT

Joanne Thompson

United Kingdom

RC

Robert Chen

United States

LM

Lee Montecucco

Washington State, United States

K

Khoa

United States

United States

J

JB

Germany

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

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