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
This is the time where my shoe business flourish as all business has resume from the Christmas break and they're working hard to achieve their goal. This make them be presentable as possible as they can. Looking presentable can never happen without a nice pair of shoes. The money will be added to my the one that I have to help stock my three shops and the sandels shop as well. The profit, some of it will be used to sponsor my sister education and the remaining will be reinstated into my shoe business. Please help raise this loan a soon as possible. Thanks for you contribution.
Feedback
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,705.68
Date disbursed
Mar 21, 2020
Repayment status
Late
Projected term
12 months
Cost to entrepreneur
Service fee: $116.23
Credit risk payment:
$174.47
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Ask Yeboah a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.
Isak Maaseide Jan 8, 2020
Margaret Nov 4, 2019
Paul Thompson Jul 15, 2019
Margaret Apr 28, 2019
Margaret Dec 20, 2018
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