Inventory of second hand clothes for sale


Abura Dunkwa, C/r. Ghana, Ghana

100% repaid




Member since

January 2015

On-time repayments

132 installments  •  70%

About Me

My name is Jacob Arthur, a Ghanaian living in the central region of Ghana. i am 25 years old and a high school graduate. i am the first of five children. as a child, all i wanted to become was a soldier but i lost that dream and due to financial constraints . but as a man and being the first of five children, idleness is not an option that i have so i took to selling second hand clothes for a living . The meaning of this is that i have to work harder else my siblings who are in school will have to drop out from school since my moms strength alone can not do it. For now i have a dream of opening my own boutique . Having been able to save a little and am working very hard to reach that dream with a targeted year. the greatest virtue that i have learn over the years is hardworking and integrity. i love to read and play foot ball and then also engage in a lot of church activities.

My Business

i am into the selling of clothes and i can barber too very well so sometimes i swing businesses but for the past two years now i have been selling second hand clothes in my community. i take the bales and move around with the clothes, i go from house to house, and then also markets. on market days sale are always very high than the normal days. i attend markets days four times a week. these clothes are needed since is not everyone who are able to purchase the brand new ones. for every bale you sell, you make more than 35% profit . A typical second hand clothe bale cost about $60 . then out of this profit, i live on part.l..

Loan Proposal

i am into the selling of second hand clothes imported into my country. i sell them at very affordable prices to the less privileged. As of now, the entire loan if funded will be used to purchase a bale as we call it locally. a bale could contain about three hundred dresses . it is also mixed up having some of the cloth for men, women and children. sometimes too you can have specific ones for children and others for adults. i will use $60 to purchase that of the adults and $40 for a bale entirely made up of children's wear. to me as an individual, it will increase my profit margin to about fifty percent and i will be able to help my parents cater for my younger siblings as i am their elderly child. then also it will benefit the less privileged who cant afford the boutique clothes. therefore the loan will have a lot of positive effects on my life as i seek to expand and will help clothe many at low cost to them..





Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Jan 14, 2015

Repayment status

On Time

Projected term

7 weeks



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