Investing capital into used clothings

Sarah

Nkwantanag, Ghana

100% repaid

Follow Sarah

How it Works

Entrepreneur

Name

Sarah

Member since

September 2014

On-time repayments

95 installments • 43%

About Me

MY STORY

My name is Sarah Amoah. I come from Ghana. I live at Madina, near the Nkwantanang Shool in the Greater Accra region. I am married to a Pastor, and with three lovely girls. Worship at God’s Tabernacle of Praise, Fire Stone Branch. My husband is the Mission Director of the church, and I am the leader of the Praise and Worship Team in the women's ministry. Last year, by the grace of God, I was able to form a group called Tabernacle Voices, and God is using us to bless His people through singing.

I dropped out of senior high school in the final year, because my parents broke up. My father married again, he wouldn’t pay my school fees, and my mother was not financially sound. Eventually I join my mother in the Madina Market to do business as a trader. From the year 2000, I have been trading in used clothes and shoes.

I have a great interest in ICT and in late 2011, I took a short course in Microsoft Office. I wish to further that later, if some funds are raised.

My Business

ABOUT MY BUSINESS

I have a shop where I sell used clothes and shoes. I intend to expand this business to meet the increasing demand of my numerous customers. I will need quite an appreciable sum of money to do this. Since my capital is small, I normally select a few clothes from the wholesalers, between $6 to $10 each, and retail for $10 to $13 each. Getting a loan from you would enable me to purchase a bail of used clothes costing between $1,000 to $1,500. I do almost the same for the hose, too.

The loan would help me to purchase at quantity price of clothes and shoes to serve my customers, make good profit, and also sell as a wholesaler.

Loan Proposal

I need this loan to enable me buy at whole sale price and meet my customers demands.
. I will need quite an appreciable sum of money to do this. Since my capital is small I normally select a few clothes from the whole sellers between $6 to $10 each and retail for $10 to $13. Getting a loan from your outfit will enable me to purchase a bail of used clothes cost between $1000 to $1500. I do almost the same for the shoes too.
thanks.