Loan for my clothing business

Samuel Duvi

Accra, Ghana

100% repaid

Entrepreneur

Name

Samuel Duvi

Member since

February 2021

On-time repayments

11 installments  •  55%

About Me

my name is Samuel Duvi , i am from the Volta Region of Ghana. i am married with two children .i attended Accra Technical University where i successfully completed with a HIND in Agricultural Engineering .I worked with one of the closed banks in Ghana . since after the closures of the banks, i was at home doing nothing , and a good friend of mine introduced me to the importation of the clothing business that i am currently doing,this business is financially intensive , and so if you will like to venture into such business you will really need money to put into it. I use the little profit i make to help my family and the needy and the less privileged in our community .

My Business

i am into buying and selling of male and female dresses. i go to countries like Togo and Benin to purchase cloths and bring them to Ghana to sell.i have been in this business for sometime now , and i am in need of working capital to boost my business.As it is clear to speak that i was seriously affected during the lock dawn in Ghana.i heard use the capital i was having to take care of my family. now the good news is that we are out of lock-down now , and business has normalize, but i will need money to put into my business.

Loan Proposal

i am a business man trading in clothing , both male and female clothing . i travel as far as Togo and Benin to bring cloths to Ghana. currently i have three shops in Accra where i do distribution. I need a loan to boost my business , because with such business it is financially intensive. you will need enough capital to put in before you can get more.so i need a loan for this purpose so that i can meet the need of my customers.

Income Source

i am a successful business man , repayment of my loan would not be a problem at all. i have a lot of people i supply my goods to, and i also have my savings as well. despite the pandemic, i will be able to repay back my loan .i also have my friends and my family to repay back my loan for me should in case of any problem or unforeseen occurrences , but it will not reach their, i am going to repay my loan as i have done today without any delay.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.63

Date disbursed

Feb 17, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $3.55

Credit risk payment: $9.37

Optional expediting fee: $7.22

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