Loan to buy beauty products

Okai

Berekum, Ghana

100% repaid

Entrepreneur

Name

Okai

Member since

May 2016

On-time repayments

151 installments  •  36%

About Me

My name is okai Gifty. I have been in cosmetic business since my completion of basic education.I have overcome hardship through this cosmetic business,when I completed school it was hard for me to live because I was jobless then.One day, a friend introduced me to beauty products and enticed me to sell them for profit.At first, I was collecting from someone to sell for wages,I later decided to do it for my self and certainly I am able to set my own shop.The people in my community especially women also buy these products always.My children like to be Lawyers, nurses,and teachers after their education.I like singing at church, and watching movies.

My Business

I supply beauty products such as ;Ub16, body lotion, hair spray, shampoo, body spray and many more.These products are very useful in my community as far as women are concern.I chose selling these products because it is highly demanded and has a lot of profit. The costs of these products depends on the amount of capital in hand.It is not so much costly, but it needs a lot of money to fuse through to get profit.I use my profit to buy beauty products to add up what I have.In fact, the profit is use for reinvestment.

Loan Proposal

I will use this loan to buy beauty products as follows: (1) UB 16 (1) pack costs $35, (2) seti lotion (1) box costs $25, and use the rest of the loan to buy shampoo. Much of interest will be earned after the stock.Thanks for the assistance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$110.00

Date disbursed

Oct 17, 2017

Repayment status

On Time

Projected term

21 months

Lenders

PG

Paul Graham

United States

Ellen

Michigan, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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