Buying shoes & sandals for Christmas and New Year's

Yeboah Herbert

Berekum, Ghana

100% repaid

Entrepreneur

Name

Yeboah Herbert

Member since

August 2015

On-time repayments

146 installments  •  82%

About Me

It all started when I have to stop my university education due to money issue as the person who is paying for my school fees said he can't afford anymore so my parent have to continue from where he has left it. After this incident I went for loan and started this business on my own which I have paid it back without owning them. I want to put my business on the next level by creating a website for it so that I can reach millions of people, thus joining the online selling. I want a future where my kids will enjoy better education and to be best of what they believe in. Now I've been teaching myself how to develop Android app. So that I can develop one for my work soon.

My Business

Am into selling of executive shoes. It is mostly used by the working class and occasionally used by non working class. In my society it represent decency and gentleness. I earn profit from it as I buy it at wholesale price and sell it to my customers to earn a profit from it. I can buy a shoe of 150ghc and sold it at 250-300ghc to earn a living. I incur cost like electricity, transportation and rent. But my cashflow outweigh my cost

Loan Proposal

Am gonna use it to buy Christmas and new year shoes and sandals as it's now treading because of the Christmas festival. I believe this time is perfect spot to gain more profit as people will spend alot this time period. Most Ghanaian are christians and this will help my business. Am expecting profit increament of 9%. Please help fund this loan as soon as possible. As we very close to Xmas.

Feedback

5

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Loan Info

Project Type

Classic Loan

Disbursed amount

$400.63

Date disbursed

Dec 31, 2018

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: $12.15

Credit risk payment: $39.12

Lenders

cyrus0302

San Francisco, United States

MarktheMormon

Sandy, Utah, United States

L

ldron7

Utah, United States

ElWal

Kirn, Germany

Cloudways

Malta, Malta

ads68

Melbourne, Australia

JTShorty

Gorham, Maine, United States

M

Moonknight

Østre Gausdal, Norway

mojobob

Hayward, United States

A

ADISI

Bern, Switzerland

D

DanielW

United States

JA

Jorge Alagon

Munich, Germany

Mimobo

Schwäbisch Gmünd, Germany, Germany

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

B

Bernhard

Baden - Baden, Germany

Dave Bogard

New York, United States

K

Katrine

Drammen, Norway

Craig

Memphis, TN, United States

Kristin Rhodes

Kansas City, Kansas, United States

M

Marc

Newcastle upon Tyne, United Kingdom

ME

Manaal Eisa

Washington DC, United States

A

Andrei

United States

A

Adam

United Kingdom

P

Peter

Bratislava, Slovakia

Carlo Cruz

Cincinnati, OH, United States

Carla

United States

Ren

Minneapolis/StPaul, United States

LS

Leah Stemeroff

Toronto, Canada, Canada

F

Frank

United States

Dean Suminski

Portland, Oregon, United States

R

Robert

Netherlands

R

RMIM

United States

Daveycee

The Hague, Netherlands

sbdoc

Reno, United States

Julie

United States

matthewstephen

Houston, United States

Andrew

United States

B

Bram

Germany

R

Roman

Germany

RS

Ralph Smyth

United Kingdom

CA

Chad Aboud

Toronto, Canada

GA

Geert Ates

Netherlands

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