Loan to buy beauty products for my shop

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

Dear Lenders, I will use the loan funds to buy beauty products such as shampoo costing G H S 30, body spray,costing G H S 35, seti lotion costs G H S 35,hair spray which costs G H S 40, Ub 16 costing G H S 20.That will enable me to serve my customers with ease.I may also earn much profit from the stock I have made.I will expect much profit from the stock because my clients will get what they want.Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$45.00

Date disbursed

Sep 1, 2017

Repayment status

On Time

Projected term

21 months

Lenders

Craig Newmark

United States

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