Loan to buys second hand cloths to sell

Agyei

Berekun, Ghana

100% repaid

Entrepreneur

Name

Agyei

Member since

July 2016

On-time repayments

65 installments  •  71%

About Me

My name is Agyei Kingsford,i come from berekum in the brong ahafo region of Ghana.I had my basic education at berekum Methodist A school and later further to Berekum secondary school.My parents are Mr and Mrs Agyei,they all live in berekum .My father is a farmer and my mother is a trader whom used to sell second hand clothing's to cater for i and my three sisters and three brothers.After completing senior high school i helped my mother in selling of the second hand cloths whilst awaiting for my results.After years the results came and i passed well but financial aid became very difficult so i couldn't further to the tertiary,i have to help my mum in order to cater for rest of family.Due to my hard work i was able to establish my own business which was also second hand cloths selling.My favorite food is fufu and palm nut soup and my hobbies are watching football matches and watching interesting program's on television

My Business

After completing my senior high i was able to establish my own business,and with experience from my mums previous business i was able to hire a shop and now sells all types of second hand cloths like cloths for children,ladies and boys ,i also sell towels and bed sheet together with the cloths.My shop is located at berekum central market near Damoah hotel in berekum and also behind Enso nyame ye cold store,since the shop is located at a good place it attracts more customers to my store.Profit from the store is used to support my siblings education and also used to pay for my bills at home.I also have the dream to continue my education so i save little money from the store to enable me continue my education to the tertiary level.My dream is to become a teacher in future.I travel to Kumasi and sometimes i go to Accra to buys second cloths in bills to come and sell to people in berekum.I chose to do this business because due to high cost of living,people cannot afford already made cloths and therefore the demand for the second cloth is higher in my community.

Loan Proposal

My dear lenders i will be much grateful if you could grant me this loan to support and buy more second hand cloths to enable me make more profit.With the support of this loan i can sell different types of second hand goods like shoes,sandals together with the cloths.I promise to pay the loan on time so that i will get a larger amount to support my second hand business, thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$48.00

Date disbursed

Jul 16, 2016

Repayment status

On Time

Projected term

3 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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