Loan to buy more clothes

Augustina

Abesewa, Ghana

100% repaid

Entrepreneur

Name

Augustina

Member since

April 2016

On-time repayments

98 installments  •  71%

About Me

I am Augustina owusuaa, I took to trading very fast at my tender age when i completed senior high school. The struggle to start this small second hand clothes business was so tough but i gradually overcame it. As i write i work throughout the whole week selling second hand clothes at lower prices in my community. i am hard working, focused and determined to own a large boutique in the near future and i believe that i have come to the right place on this platform.

My Business

I sell second hand clothes in my community and beyond since i travel to nearby towns and villages even though you need experience to work in this business i have made a lot of progress ever since i began.all our house expenses are from this same business and its only source of our income . I borrowed money from microfinance to purchase second hand clothes

Loan Proposal

The loan will help me to go for goods from the capital city of Ghana called Accra where i will be able to purchase five large bales of second hand clothes imported into the country. each bale now cost $47 hence this multiplied by five will leave me with some $15 excess which will cover the cost of transportation for both in and out.
this aid will help me start working towards my boutique dream since access to capital is possible on this platform and i will have to keep my schedules of payments so as to be helped the more .
to my community, they will have access to variety of clothes at reduced and affordable prices.
When i receive this help, my profit margin will increase greatly and am already happy about the future.

Feedback

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None

1

  • J    Aug 26, 2018

    Not repaying and unreachable

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

May 5, 2016

Repayment status

On Time

Projected term

3 months

Lenders

Paul Buchheit

Mountain View, United States

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