Loan to buy cream, nails & human hair

Olivia Obeng

Greater Accra, Ghana

$39 to go

92% lent of $482 goal

5

days left

  • $

Entrepreneur

Name

Olivia Obeng

Location

Greater Accra, Ghana

On-time repayments

18 weekly installments  •  100%

About Me

My name is Olivia Obeng, I attended junior high school at Asamakese . When I completed I further my education to the senior high level. After my education I decided to work with Done well insurance company limited. I also sell human hairs as part time business .I will like to end here with my letter. Thank you

My Business

The business I do is I sell ladies hair in addition to the insurance company I work with.i have done this business for about five years. I want to apply for this loan so that I can expand it .

Loan Proposal

First of all I will like to use the loan to buy, human hair, also buy hair cream and nails to sell in the shop. I want to add nails to my goods because is one of the things my customers have been asking for, and since I don't want to miss their money that is why I have decided to add it. Moreover when I add the nails my sales will increase and my profit will also increase this will help me pay the loan quickly. I will like to end my loan proposal hear. Thank you

Income Source

I will like to use this opportunity to discribe how am going to pay the loan. First and foremost we are in covid season which has affected many businesses across the globe but in Ghana business is going on smoothly and for that reason I will like to use some of the profit I will generate from the business to pay back the loan . It is the first thing I will use the profit to do before anything else. I will like to end here with my letter and I hope my loan proposal will be approved quickly. Thank you

Feedback

3

None

None

  • Sabrina    Feb 7, 2021

    Olivia paid her loan back even before it was due. I wish her good luck with her further projects

    Log in to reply • Share
  • Vincent Strangio    Jan 26, 2021

    Thank you for a great lending experience and God Bless you and your business!

    Log in to reply • Share
  • Kirk Moore    Dec 10, 2020

    Thanks for paying back on time and best wishes for you and your business!

    Log in to reply • Share


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Loan Info

Amount requested

$482.00

Still needed

$39.00

Application expires

May 12, 2021

Projected term

2 months

Cost of loan

Service fee: 5% of $482.00 = $24.03

Credit risk payment: $86.93

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