Omanano
Komenda Edina, Ghana
85% repaid
Name
Omanano
Member since
January 2015
On-time repayments
44 installments • 45%
After my secondary education I made up my mind to set up my own business
I worked with a man on which I received daily wages in the sale of clothes
I saved out of this wages and have now put up my own shop where I sell men clothes
I now devote all my time to building this business in order to sustain it and my family.
I sell all kinds of men clothes;jeans,material and other trousers.,shirts and the like at kantamanto market where many people come for their clothes needs in Accra.
The expert knowledge from my long experience in the business has made it my favourite profession and also the profit of a well managed sale is worth encouraging . when I'm provided with this fund, I will use to buy abdulai sell more jeans and other slightly used imported dresses to expand the business. each dress cost around $5.
A large capital base is necessary for a high profit,therefore I reinvest any pforit accrued .
I need a large stock of goods in my shop therefore any capital will I use to buy these stocks to satisfy my customers needs.
Upon stocking my shop,thru rampant shortage of goods will reduce hence wil increase my profit as high as about 20% of daily sales.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 28, 2015
Repayment status
Late
Projected term
10 months
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