Loan to buy stock of shirts and shoes for my shop

Morcher

Dormaa Ahenkro_ghana, Ghana

100% repaid

Entrepreneur

Name

Morcher

Member since

July 2016

On-time repayments

152 installments  •  59%

About Me

I come from Enchi in the Western part of Ghana, . I was a young boy who was brilliant and was interested in studying. Roman Catholic School was the first school that I attended. I proceeded to Secondly School,passed and futhered my education to the Teacher Training college. Actually I was interested in Teaching and I loved the job of teaching, I went for further studies at the University of Education, Winneba where I graduated as professional teacher. I am a mathematics tutor at Dormaa Ahenkro Senior High School. I studied mathematics and now I am married to one African Queen Called Angela ASARE. We have three children and because the salary is insufficient, I looked for loan and opened up a boutique that I sell various goods to help the family.

My Business

Dormaa Ahenkro is where I was stationed to teach after my University Educcation. People travel as far as to Berekum to buy quality shirts and shoes, so I decided to go into this business business venture.Every Tuesday of the week is a market day in Dormaa Ahenkro. Farmers and other places near dormaa Ahenkro. They buy shoes,shirts singlets,panties,ladies underwear, boxer shorts and many others I started with a business capital of Ghc5000 from one of the local micro- finances.I(Teacher' Credit Union) I pay school fees with part of the profit I make.

Loan Proposal

Visit my shop to find yourself these items: Shirts, shoes,ladies underwear,singlets,belts,grand,boxer shorts and many other beautiful items. I want to buy men' shirts(Three dozens)$23, ladies underwear, fifty packs $17, five packets of men's singlets $18, six packs of boxer shorts$19. I will be grateful to have these items to sell to get profit and to add more goods to fill my shop.

Show original English  

About Me

I come from Enchi in the Western part of Ghana, . I was a young boy who was brilliant and was interested in studying. Roman Catholic School was the first school that I attended. I proceeded to Secondly School,passed and futhered my education to the Teacher Training college. Actually I was interested in Teaching and I loved the job of teaching, I went for further studies at the University of Education, Winneba where I graduated as professional teacher. I am a mathematics tutor at Dormaa Ahenkro Senior High School. I studied mathematics and now I am married to one African Queen Called Angela ASARE. We have three children and because the salary is insufficient, I looked for loan and opened up a boutique that I sell various goods like,shirts,shoes,sandals,ladies and men's underwear boxer shorts etc to help keep the family and also grow my business with the profits I earn from the shop.

My Business

Dormaa Ahenkro is where I was stationed to teach after my University Educcation. People travel as far as to Berekum to buy quality shirts,lady's underwear, singlets, socks,boxer shorts and shoes etc. I decided to take advantage of the situation by entering into such a venture. Tuesday of every week is a market day in Dormaa Ahenkro. Farmers in many places near dormaa Ahenkro come to buy various items of which the above mentioned items takes a major part of their purchase. They buy shoes,shirts singlets,panties,ladies underwear, boxer shorts and many others. I started with a business capital of Ghc5000 from one of the local micro- finances. (Teacher' Credit Union)Dormaa Area. I worked tirelessly to pay back their loan and now I owe my own business. My life has depended on this business to buy food,pay school fees and clothe my Children with the profits generated whilst part of my profit remains in the shop in a form of reinvesting.

Loan Proposal

Visit my shop to find yourself these items: Shirts, shoes,ladies underwear,singlets,belts,grand,boxer shorts and many other beautiful items. I want to buy men' shirts(Three dozens)$23, ladies underwear, fifty packs $17, five packets of men's singlets $18, six packs of boxer shorts$19. I will be grateful to have these items to sell to get profit and to add more goods to fill my shop.

Feedback

1

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  • Liz Dovey    Jan 30, 2018

    Very best wishes with your enterprise. It is sad that teachers salaries are not enough to live on, so you can't spend the time concentrating on your students rather than your business. I hope it all goes very well for you, your family and your students.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$434.00

Date disbursed

Jun 30, 2017

Repayment status

On Time

Projected term

21 months

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Morcher a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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Summary

Amount repaid

$434.03

Amount remaining

$0.00

Date repaid

Dec 22, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jul 9, 2017 $7.19 Jul 4, 2017 $7.19
Jul 16, 2017 $23.95 Jul 10, 2017 $23.95
Jul 23, 2017 $23.95 Jul 10, 2017 $23.95
Jul 30, 2017 $23.95 Jul 10, 2017 $23.95
Aug 6, 2017 $4.79 Aug 8, 2017 $4.79
Aug 13, 2017 $0.00
Aug 20, 2017 $0.48 Aug 19, 2017 $0.48
Aug 27, 2017 $0.48 Aug 19, 2017 $0.48
Sep 3, 2017 $0.48 Aug 29, 2017 $0.48
Sep 10, 2017 $0.48 Aug 29, 2017 $0.48
Sep 17, 2017 $0.48 Sep 15, 2017 $0.48
Sep 24, 2017 $0.48 Sep 18, 2017 $0.48
Oct 1, 2017 $0.48 Sep 18, 2017 $0.48
Oct 8, 2017 $2.40 Oct 7, 2017 $2.40
Oct 15, 2017 $2.40 Oct 13, 2017 $2.40
Oct 22, 2017 $2.40 Oct 22, 2017 $2.40
Oct 29, 2017 $2.40 Oct 22, 2017 $2.40
Nov 5, 2017 $2.40 Nov 6, 2017 $2.40
Nov 12, 2017 $2.40 Nov 10, 2017 $2.40
Nov 19, 2017 $2.40 Nov 18, 2017 $2.40
Nov 26, 2017 $0.00
Dec 3, 2017 $0.48 Dec 1, 2017 $0.48
Dec 10, 2017 $0.48 Dec 1, 2017 $0.48
Dec 17, 2017 $0.24 Dec 1, 2017 $0.24
Dec 24, 2017 $4.79 Dec 19, 2017 $4.79
Dec 31, 2017 $4.79 Dec 22, 2017 $4.79
Jan 7, 2018 $4.79 Dec 22, 2017 $4.79
Jan 14, 2018 $4.79 Dec 22, 2017 $4.79
Jan 21, 2018 $4.79 Dec 22, 2017 $4.79
Jan 28, 2018 $4.79 Dec 22, 2017 $4.79
Feb 4, 2018 $4.79 Dec 22, 2017 $4.79
Feb 11, 2018 $4.79 Dec 22, 2017 $4.79
Feb 18, 2018 $4.79 Dec 22, 2017 $4.79
Feb 25, 2018 $4.79 Dec 22, 2017 $4.79
Mar 4, 2018 $4.79 Dec 22, 2017 $4.79
Mar 11, 2018 $4.79 Dec 22, 2017 $4.79
Mar 18, 2018 $4.79 Dec 22, 2017 $4.79
Mar 25, 2018 $4.79 Dec 22, 2017 $4.79
Apr 1, 2018 $4.79 Dec 22, 2017 $4.79
Apr 8, 2018 $4.79 Dec 22, 2017 $4.79
Apr 15, 2018 $4.79 Dec 22, 2017 $4.79
Apr 22, 2018 $4.79 Dec 22, 2017 $4.79
Apr 29, 2018 $4.79 Dec 22, 2017 $4.79
May 6, 2018 $4.79 Dec 22, 2017 $4.79
May 13, 2018 $4.79 Dec 22, 2017 $4.79
May 20, 2018 $4.79 Dec 22, 2017 $4.79
May 27, 2018 $4.79 Dec 22, 2017 $4.79
Jun 3, 2018 $4.79 Dec 22, 2017 $4.79
Jun 10, 2018 $4.79 Dec 22, 2017 $4.79
Jun 17, 2018 $4.79 Dec 22, 2017 $4.79
Jun 24, 2018 $4.79 Dec 22, 2017 $4.79
Jul 1, 2018 $4.79 Dec 22, 2017 $4.79
Jul 8, 2018 $4.79 Dec 22, 2017 $4.79
Jul 15, 2018 $4.79 Dec 22, 2017 $4.79
Jul 22, 2018 $4.79 Dec 22, 2017 $4.79
Jul 29, 2018 $4.79 Dec 22, 2017 $4.79
Aug 5, 2018 $4.79 Dec 22, 2017 $4.79
Aug 12, 2018 $4.79 Dec 22, 2017 $4.79
Aug 19, 2018 $4.79 Dec 22, 2017 $4.79
Aug 26, 2018 $4.79 Dec 22, 2017 $4.79
Sep 2, 2018 $4.79 Dec 22, 2017 $4.79
Sep 9, 2018 $4.79 Dec 22, 2017 $4.79
Sep 16, 2018 $4.79 Dec 22, 2017 $4.79
Sep 23, 2018 $4.79 Dec 22, 2017 $4.79
Sep 30, 2018 $4.79 Dec 22, 2017 $4.79
Oct 7, 2018 $4.79 Dec 22, 2017 $4.79
Oct 14, 2018 $4.79 Dec 22, 2017 $4.79
Oct 21, 2018 $4.79 Dec 22, 2017 $4.79
Oct 28, 2018 $4.79 Dec 22, 2017 $4.79
Nov 4, 2018 $4.79 Dec 22, 2017 $4.79
Nov 11, 2018 $4.79 Dec 22, 2017 $4.79
Nov 18, 2018 $4.79 Dec 22, 2017 $4.79
Nov 25, 2018 $4.79 Dec 22, 2017 $4.79
Dec 2, 2018 $4.79 Dec 22, 2017 $4.79
Dec 9, 2018 $4.79 Dec 22, 2017 $4.79
Dec 16, 2018 $4.79 Dec 22, 2017 $4.79
Dec 23, 2018 $4.79 Dec 22, 2017 $4.79
Dec 30, 2018 $4.79 Dec 22, 2017 $4.79
Jan 6, 2019 $4.79 Dec 22, 2017 $4.79
Jan 13, 2019 $4.79 Dec 22, 2017 $4.79
Jan 20, 2019 $4.79 Dec 22, 2017 $4.79
Jan 27, 2019 $4.79 Dec 22, 2017 $4.79
Feb 3, 2019 $4.79 Dec 22, 2017 $4.79
Feb 10, 2019 $4.79 Dec 22, 2017 $4.79
Feb 17, 2019 $4.79 Dec 22, 2017 $4.79
Feb 24, 2019 $4.79 Dec 22, 2017 $4.79
Mar 3, 2019 $4.79 Dec 22, 2017 $4.79
Mar 10, 2019 $4.79 Dec 22, 2017 $4.79
Mar 17, 2019 $4.79 Dec 22, 2017 $4.79
Mar 24, 2019 $4.79 Dec 22, 2017 $4.79
Mar 31, 2019 $4.79 Dec 22, 2017 $4.79
Apr 7, 2019 $4.79 Dec 22, 2017 $4.79
Apr 14, 2019 $3.11 Dec 22, 2017 $3.11

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