Loan for my clothing business

Ankomah Eric

Tutuka, Ghana

1% repaid



Ankomah Eric

Member since

March 2021

On-time repayments

1 installment  •  0%

About Me

I am Ankomah Eric from Obuasi in the Ashanti region of Ghana. I completed my SHS education but i was not able to continue my education since my father died at the time i completed SHS. I stay in my mother's house and we work to take care of my younger siblings and other family members. I am married with kids through the income i get in the work i do. I make profit from selling of used clothes . I also use some of my profit to support my kids education.

My Business

I sell used clothing in the market, and I have a mobile money business which is managed by someone. I have been doing this two businesses for quite a long time. I get enough income from this business which help me provides the needs of my wife and kids.

Loan Proposal

The cost of used clothing are becoming expensive nowadays and I need this loan to buy more clothings for my business. This loan will help me get enough stock in order to get what ever my customers wants to help promote my business.

Income Source

Clothing is a necessity and it difficult to run at a loss but in case of any I will repay with income from my other business.





Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Apr 14, 2021

Repayment status


Projected term

1 week

Cost to entrepreneur

Service fee: $1.01

Credit risk payment: $2.53

Optional expediting fee: $3.04




United States




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  • Ankomah Eric    Apr 14, 2021

    I will buy used clothing for resale with the loan and it will help expand my business. I thank all my lenders for funding my loan.

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