Loan to buy more clothes to expand my clothing business

Francis

Berekum, Ghana

100% repaid

Entrepreneur

Name

Francis

Member since

March 2016

On-time repayments

240 installments  •  45%

About Me

My name is Francis Agyei,i was born in berekum a town in the brong ahafo region of Ghana.Im from a family of five and the eldest among my siblings, I started Junior Secondary School at the same time as a second hand cloth seller I was able to sell second cloths which was then run by my father to save money for school and this really helped me in my education because i was able to buy test books which with my own money and sometimes used some in my feeding.Then after High School and i became a clothing seller . and establish my own joint stock business. There i sell all kinds of cloths like vest,t shirt,shorts,khakis,trousers and designers for people to buy for their occasions such as funerals,weddings and church.The food i like best is banku and okoro stew and my hobbies are watching football

My Business

After my secondary school education i started as a full time cloth seller of which i deal in different brands and kinds of cloth.Due to my first experience with my dad in his second hand cloth selling i was able to get more customers so i started delivery from door to door for my customers to buy.Due to my hardworking and determination i was able to save money to rent a store for my business.My store was located at a good place which attracts more customers including my previous once.I started buying cloths from kumasi to fill my shop for about two years and as the business expands i moved on to Accra,It is my dream to go outside Ghana to countries like china to buy cloth and with hard work and support from zidisha my goals will be achieved

Loan Proposal

My dear lenders if this loan of $150 is given to me i will be able to buy additional stocks such as slippers,shoes and even that of the slippers made in Ghana here in addition to my cloths because my customers have taste for such goods and are in high demands and i promise to pay this loan on time.Thanks you

Feedback

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1

  • Day Family    Feb 23, 2019

    Unfortunately due to ongoing late repayment and no updates or payments in 1 year, we've had to use Receive Advance Repayment to get the loan money back to assist other lenders.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Mar 29, 2016

Repayment status

On Time

Projected term

6 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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