Loan to buy more clothes and fashion accessories to sell

Frederick

Accra, Ghana

100% repaid

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Entrepreneur

Name

Frederick

Member since

July 2020

On-time repayments

21 installments  •  52%

About Me

My name is Frederick Da-silveira. I'm 23 years old and a recent graduate of the University of Ghana. I live at Abokobi but come from Akropong in the Akuapim North District of Ghana.

My Business

The name of my company is, Powered By FAD. It is a sole proprietorship business which deals in providing web ad mobile applications development services to people and companies . I currently work from home through an online store(@poweredbyfad on Instagram) and fund my business with the little I get from family tips and I'm in dire need of capital to boost my business.

Loan Proposal

I am in need of this loan to buy more goods from my suppliers at wholesale prices and sell them at retail prices. My company (the Alpha Ghana) is a registered sole proprietorship business in Ghana and i deal in all brands of clothes, shoes and fashion accessories. I however need some form of financial support to aid me acquire more goods from suppliers at wholesale prices and retail them in order to accumulate profit and be able to finance the business on my own in the near future. I hope this proposal is given due consideration. Thank you in advance!

Income Source

Though the economic climate in recent times have been unfavorable to many businesses, i have not really had that impact on my business and due to my unique way of branding i manage to get buyers coming my way to purchase my goods. Given that there should be any mishap, i have supportive friends and family who are willing to support in times of business crises. Thank you!

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$69.00

Date disbursed

Aug 8, 2020

Repayment status

On Time

Projected term

1 week

Other loans

Jul 2020:  $18

Aug 2020:  $32

Aug 2020:  $120

Apr 2022:  $173

Jul 2022:  $146

Lenders

AT

Andrew Taitano

United States

H

HJ

Switzerland

Black and White Zebra

Vancouver, Canada

AE

Andries en Rebekka

Belgium

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  • Frederick    Jul 3, 2022

    Thank you very much for the funding. This will help me acquire a phone, with which i can rekindle my business. I am positive that i will pay back in no time like i did in my previous loans. Thank you.

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  • Frederick    Jul 3, 2022

    I was highly elated when my loan was funded this went a long way to help me in funding my website project. I am really grateful to everyone who contributed to making this a success. God richly bless you all.

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  • Frederick    Apr 18, 2022

    I have received an amount of 1105 cedis. I will use this money to purchase domains and hosting packages to build websites for NGOs. I am truly grateful for supporting this project

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  • Frederick    Apr 16, 2022

    Thank You for the consideration. I will use the funds to register domains and buy hosting packages to build the website for the NGO. This will go a long way to help the NGO reach more sponsors. I am grateful to you all

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  • Frederick    Oct 3, 2020

    I am indeed grateful for the loan you previously offered. As discussed, i intended to use the money to create a website for my business where customers can easily buy my goods without any physical contact due to the covid-19 pandemic. God being so good, i was able to create the website and the domain name is, (www.thealphaoutlet.xyz). Thanks so much for your help.

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  • Frederick    Sep 23, 2020

    Thank you for granting me my previous loan of 650 cedis. I was able to set up an e-commerce website like i said and it has boosted my customer relation.

    The link is www.thealphaoutlet.xyz

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  • Frederick    Aug 16, 2020

    Thanks a lot for this loan. I will you this loan to buy a domain name and pay for hosting services in order to market my business online

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  • Frederick    Aug 16, 2020

    I am indeed grateful for the loan you gave me i was able to use it to acquire more inventory for my clothing business and it is booming at the moment. I am very grateful and may God richly bless you.

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  • Frederick    Aug 8, 2020

    Thanks a lot for giving me this loan. I will use it to purchase more clothes at wholesale prices and sell them for profit

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  • Frederick    Aug 7, 2020

    I'm overwhelmed by your contribution towards my business and always being there to help it grow. My last loan of 173 cedis really helped me because i was able to order some more clothes with it and they sold really fast for me to get profit. i am indeed grateful to you and may God richly bless you!!

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  • Frederick    Aug 5, 2020

    I just recieved a loan of 116 cedis. I'll be using this loan to retail more clothes, shoes & fashion accessories. Thanks so much. I'm indeed grateful

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  • Frederick    Aug 5, 2020

    Thanks so much for this loan. It'll go a loan way to help me acquire more goods for my business. Bless you!

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  • Frederick    Aug 1, 2020

    I have received my first amount of 84 cedis. This will go a long way to boost my business. Thanks a lot

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