Loan to buy more clothes to sell

Benard

Berekum, Ghana

63% repaid

Entrepreneur

Name

Benard

Member since

September 2016

On-time repayments

121 installments  •  54%

About Me

Gyasi Benard is my name. i am a Ghanaian. i live at Berekum . my age is 24 . i beginned my basic education at st. john's community school at berekum. i am the second born of my parent. we are seven in number. my father is farmers by profession . when i completed my basic education my parent couldn't afford for my school fee to the senior school.my mother was a trade who could help me afford high education lost all things goods and his capita as result of fire outbreak in the market. in view that i decided to do something more beneficial to my life. Due to my respect a friend introduced me to his masters who initiated me into selling of T-shirts,trousers, panties, inners and other clothes.my master normally gives me the clothes to sell them and pay back later.As a result i was able to raised a little capita to start my own business. when i got that capita i decided to been in the same business since it was one which am having alot of knowledge about it. my hobby is selling since that is what i do for a living.

My Business

I am a trader who buy and sell shirts,panties, inners and other clothes. Thus both males and female clothes. i established my business with the little capita i made from my master when i was selling for him. i now have store which i sell my clothes to my customer. i close my store sometimes which, i normally travel to other place to sell them on market days.Due to my respect and patience i am having i always get new customers. i sometimes reduces the price for them.business is in two way either you will used price to make profit or quantity but i normally reduce price my items so that i used quantity to make profit. As the law of demand goes the lower the price more quantities are demanded and the higher the price less is demanded. That is the secret behind my business.i normally make profit of about $ 45 to $ 50 every week. i used my profit to reinvest in my business and take care of parent since they are not working.

Loan Proposal

I thank zidisha and their lenders for this platform given to peoples like me. Is my humble prays that may the God almighty bless you all. For what i know, givers never lack. I will be more grateful if you can lend me a loan to buy more clothes to help improve my business . it will benefit me to raise my profit to about $ 70 to $ 80 within a week. which i wil used to reinvest and take care of my parents. I will payback as expected of me. i promise not disappoint you. thanks.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$259.00

Date disbursed

Jan 9, 2018

Repayment status

Late

Projected term

18 months

Lenders

Lisbeth

Perth, Australia

Lotus Flower

United States

Kevin

San Francisco, United States

AR

Aaron Rowe

United Kingdom

LT

Lisa Taylor

California, United States

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