Inventory of clothing for my boutique

Owusu

Accra, Ghana

100% repaid

Entrepreneur

Name

Owusu

Member since

January 2015

On-time repayments

196 installments  •  16%

About Me

I am born into a subsistence farming family where education is only up to the basic level.
I got the chance to further my education in a next town up to the junior and secondary levels.
Upon completion of my secondary education where i offered business with accounting option,I traveled to the capital city where I got employed as a sales girl in a boutique.
It is out of my little sales income that I
put up my own shop in which I sell clothes and jerseys
I can say that all my activities is now
geared to making my shop a number one stop shop in the vicinity.

My Business

If you are in Dansoman and you want the latest men and women clothes and jerseys,then my shop is the right place to be.
I sell jerseys of all kinds to all kinds of latest fashion you can think of.
Selling of clothes had been my only job after my education hence have gain enough experience
I need large capital base thence all profits stay in the
business(reinvestment of profit for expansion)
i have the dream that with some few years to come, i will use this business to further my education on the field of marketing
i hope this will in no time be a reality as i take on this as my sole profession to raise a family of my own.

Loan Proposal

Any capital I will lay hands on will be use to buy clothes and jersey to increase my stock base and also to serve all clothing needs if my customers.
Additional capital will ease my stress of regularly visiting wholesale due low capital to buy more at a go.
Moreover having additional capital will help me get more purchase discounts thereby raising my profit margin.
with large capital, my business has a concrete foundation.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 19, 2015

Repayment status

On Time

Projected term

7 weeks

Other loans

Lenders

M

m_dennis

Toronto, Canada

fairspirit

Utrecht, Netherlands

N

NOWfund

Tokyo, Japan

J

jdallatezza

United States

K

Karpet

Faroe Islands

VK

Vasily Kudrin

Moscow, Russia

H

hixeu

Belgium

S

SCHAC

Switzerland

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  • Owusu    Oct 28, 2015

    i was out of the country for sometime and i am back now; i will like to use this option for the mean time to adjust my payment structure soon

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  • Owusu    Apr 21, 2015

    i traveled to get new stocks for my shop and as a result there is slow move for the market.
    i want to adjust for the mean time so as to catch up with the move of the trade to avoid delays in my payment status.
    i will do same as things will turn around soon.

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  • Vincent    Mar 24, 2015

    hope you get funding soon

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  • Owusu    Mar 11, 2015

    I am very happy for the opportunity. I got the loan on a perfect timing, African cup was ongoing and words alone can't explain how happy I was at that time. I was able to purchase more jerseys especially the jersey of the Ghana Black Stars which got market very well for me. Actually I got enough profit which I invested back into the business. All I can say is THANK YOU for the HELP.

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  • Owusu    Feb 7, 2015

    With the ongoing. Africa cup of nations,the sales of clothes and jersey have increase and also I have been able to add sale of some paraphernalia with the loan I got leading an increase in profit.
    I thought it wise to repay on time so
    others can also benefit as I am.

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  • Thomas    Jan 18, 2015

    Good luck and stay safe ;)

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