Entrepreneur
Name
Hackman
Member since
January 2015
On-time repayments
87 installments • 16%
About Me
I am Hackman Nawon from Ghana. When I was about to complete my Junior high school, mobile phone business was at its peak, people were making huge profits from so I decided to save little of every money I got so that i could start my mobile phone business someday. and when I started my Senior High School, I invested part of my saved money in a mobile phone business which at that time had become very lucrative
i graduated in 2009 i had struggled to get something to start a boutique business which upon my own resaerch in my area in Navrongo not much attention is given to such business.
my research is now paying and is calling for for more attention and capital as all clothing needs in the area is solely my supply
My Business
It was very difficult to raise a capital for this business but when I made most part of the money needed, I started and things turn very tough for me at that time. When I started, it wasn't good at all for me but I am a goal must be achieve oriented person so I pressed on until things stabilize for a while for me. And this was the time I quickly started things right so as to get the business back on its peak
i have now plans to travel to accra where i can get most of my stocks at a cheaper price as compared to where i am currently being supplied from hence a far better optin to widening my profit margin , a primary motive of entrepreneurs and also upon a large capital i will employ some youth to in in the ara to give them my skills and also if posible help them establish some of their own to help improve the general standard of living in navrongo.
Loan Proposal
As i am out of school , sale of clothes has and is my only business that provides my daily bread and so i will invest all capital into this business to making it one of the big business that will one day be the bases on which i will raise my family.
i buy at a whole sale price selected stocks of trousers in Accra @45cedis ~~$17
and resell @50-60cedis~~$22-23 at my place. this margin of profit i try as best as i can to make it stay in the business to broaden my capital.
the previous loan did me much good in the current state of my business and i will be very happy if you once again lend this helping hand.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$86.00
Date disbursed
Jun 24, 2015
Repayment status
Late
Projected term
16 months
Other loans
Lenders
United States
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