Loan to buy used clothes for sale

Entrepreneur

About Me

I am Dorfenyo Doris from Keta in Volta region of Ghana and live in Accra. I have two children with a helping husband but from a poor home. Life in the village was not easy so I decided to move to Accra. Coming down to Accra has help me find a job to support my husband, and we are able to build a two bed room for ourselves in the village from the profit we make from our business. My husband is a farmer and I am a trader who sells used clothes. What motivate me to work hard is that, my elder son said he want to be a doctor and his younger sister also want to be a police officer. I am working hard to support my children achieve their set target.

My Business

I sell used clothes as my business and help my husband in the farm. I have do this business for sometime now, since a lot of people like home used clothes because the price of home used clothes are cheap and they can afford. I started this business with 700 Ghana cedis and I am able to make a total sales of 1,250Ghs every week. I use some of my profit to support my children education and part of my profit is used to support my family member in case they need my help. I also save part of my profit towards my new shop I want to open to extend my business.

Loan Proposal

I have been able to pay my first loan and I need this loan in addition to my capital to be able to buy more clothes for sale. This loan will help me to increase my stock in order to make more profit.

Income Source

I will be able to pay back the loan and incase of risk i will pay back the loan from the profit i make from my other business.

Feedback

Loan Info

Lenders