Loan to buy more clothes

Olivia

Sabronum, Ghana

100% repaid

Entrepreneur

Name

Olivia

Member since

April 2016

On-time repayments

100 installments  •  55%

About Me

As a young woman, I know that remaining redundant is a vice so right at an early age when i saw that i could not make it through school, i took to trading very fast. The hustle to commence this small second hand clothes business was difficult. i worked more diligently and determining to possess a large boutique in the years to come and i believe that i am in the right sense by joining this noble organization like zidisha

My Business

I am into selling of second hand clothes in my town and surroundings towns and villages on days of market to go and do business there too. When i started this business, the capital to start was not huge as compared to starting today so at that time i used the little cash i
All my profits are divided into three, savings, i live on part.

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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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

May 5, 2016

Repayment status

Late

Projected term

3 months

Lenders

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