Inventory of clothing and shoes to stock my shop
Kwadwo
Berekum, Ghana
100% repaid
Entrepreneur
Name
Kwadwo
Member since
January 2016
On-time repayments
114 installments • 37%
About Me
My name is Kwadwo Gyamfi. I come from berekum I run my own shop which I will sell clothings watches chains perfume. My basic capital was close to $580. I went into this business because it is more profitable. Purchasing of these items is really high. Watching cartoons and playing video games are my hobbies
My Business
I sell clothes,shoes,chains,necklaces and perfumes for both men and women at Berekum. These things are very demanding because most individual requires a dress to go to work and also moreover we are into a fashion world some buy them and use them just to look cute and nice. . I started this business to generate enough funds to improve my standard of living and also reach out to others. My cost for every week is around $180 and as at now, my revenue is $580. If I am given the loan, I will invest all the loan into my business to grow it.
Loan Proposal
I will stock my shop with new designs of clothes of about $100 . I will also add more shoes of about $60 to my stock. I will use the remaining $40 to bring perfume to stock my shop. I expect a raise of 10% increase in profit.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Jan 26, 2016
Repayment status
On Time
Projected term
14 months
Other loans
Lenders
United States
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