Name
Dominic
Member since
September 2016
On-time repayments
34 installments • 65%
I was born on 6th November,1989 and my name is Dominic Owusu. I begun my childhood education at Church of Christ junior high school and started my senior high school at Kumasi Academy but didn't go to tertiary. So I was helping my senior brother to sell boys and girls shoes with the help he also supported me to open my own shop to operate with myself.
Well, my business I purely sales of clothing products.
I sell clothes for Men and Women as well as children. These goods are always on high demand since i deal with sale of basic needs besides being the fashioned type that makes them even more on demand.
I decided to choose this business because I am experienced in it and I loved the business as it gives me my daily bread and pays for my bills.
My typical costs are the cost of buying different fashioned clothes for men, women and children. Also i incur cost of rent, electricity and transport.
My profit usually goes towards reinvesting and meeting the above cost of running my business. I also help my parents back home and the needy through our church.
Thank you.
I will use this loan to purchase new shoes for sale which is $230, is then going to help me to put more effort to get more capital to increase the demand of my goods.
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Project Type
Classic Loan
Disbursed amount
$276.00
Date disbursed
Dec 5, 2016
Repayment status
Late
Projected term
60 months
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