Loan for the sale of locally manufactured slippers and shoes

Samuel

Accra, Ghana

5% repaid

Entrepreneur

Name

Samuel

Member since

March 2021

On-time repayments

7 installments  •  14%

About Me

Obodey Samuel is my name and I stay at Ashalaja in the Greater Accra region of Ghana, am from a very poor background so I couldn't further my education after SHS which prevented me from my dream of becoming a doctor. I was a mobile banker at a micro finance so I was able to save from my meager salary which helped to start my own business of selling of locally manufactured slippers and shoes.

My Business

I sell locally manufactured slippers and shoes in my shop at ashalaja, this business has been useful to me because it helps me to generate some income which I use to reinvest in my business and also sponsor my younger siblings education. My cost of operation is GHS 2500 and my revenue is GHS 4000.

Loan Proposal

I will buy locally manufactured slippers and shoes with the loan and it will help expand my business to increase my profit. this will help increase my profit.

Income Source

Fashion has become the order of the order of the day so it is uncommon for me to run at a loss but in case of any risk I will repay the loan with profit from my other buiness.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Apr 7, 2021

Repayment status

Late

Projected term

6 weeks

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