Loan to expand my boutique

Fofie

Wenchi, Ghana

18% repaid

Entrepreneur

Name

Fofie

Member since

April 2016

On-time repayments

85 installments  •  65%

About Me

Things wasn't easy for me in my early child. I didn't get proper childhood education.
My friends had to assist me to complete junior high school and help me to start a trade. I used to sell secondhand goods by moving from town to town on market days.
Most of the people in my locality are farmers. Very soon it will be time for planting of crops. I would like my kids to become educationalist and business men. I love soccer so there was a competition between churches here which I really enjoyed.

My Business

I have a small boutique which I sell men and women wears. Fashion is now part of human life now.
people here need to experience fashion as part of their life. They have to look beautiful and attractive in nature.
I now use about $500 to stalk my shop.
I will use the profit to cater for my kid's tuition and reinvest some in my business.

Loan Proposal

This money would help buy more goods to expand the shop. People will not waste time to go to far away to buy things.
The loan would be used to buy the following items; men t-shirts $90, men trousers $150, women straight dresses $200, panties and braziers $75, necklaces $160, men foot $250, singlets $45, skirts $100, tie $15, women scandals $250.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$446.00

Date disbursed

Mar 1, 2017

Repayment status

Late

Projected term

60 months

Lenders

Bobrm2k3

Charleston, United States

PG

Paul Graham

United States

PR

Paul Rausch

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

Ask Fofie 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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  • Fofie    Mar 17, 2017

    I would like to reduce my repayment amount to 5 CEDI's.

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  • Fofie    Mar 1, 2017

    I have received an amount of 1761 cedi.
    I will use the money to buy more goods to fill my shop.
    Thanks to you all for your support.

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  • Fofie    Feb 28, 2017

    I will use the loan to buy goods to fill my shop.
    It will help me earn more and to meet my customers needs.
    Thanks for funding my loan.

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  • Fofie    Feb 24, 2017

    Thanks to you all for your great support.
    My earnings has now increased from 40% to 65%. I am very happy and grateful for the difference.

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  • Fofie    Feb 22, 2017

    Things are running smoothly nowadays.
    I would like to increase my repayment amount to GH 311.

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  • Fofie    Feb 15, 2017

    Market is not moving on well so I would like to reduce my repayment amount.

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  • Fofie    Jan 27, 2017

    I want to reduce the amount to 200ghs

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  • Fofie    Jan 25, 2017

    People buy things nowadays so I would like to adjust my repayment amount to 300 cedis.

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  • Fofie    Jan 8, 2017

    I am able to expand my shop by buying more goods to fill it.
    People get what they need to buy from it.
    My earning has increased to about 45%.
    My nephew has been passed his exams in the training college.
    The Christmas was very interesting over here and we are just in the dry season with cold weather.

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  • Fofie    Nov 4, 2016

    I am very grateful for your support in my business. Market is not moving on well but I hope things will change soon. Thank you all.

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  • Fofie    Sep 7, 2016

    I have received an amount of Ghs 1174. This money would be used to buy more goods to fill my shop. Thanks to you all for your kindly support.

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  • Fofie    Aug 23, 2016

    I would use the money to buy more goods to fill my shop.
    This will help me earn more and serve my customers well.
    Thank you very much.

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  • Fofie    Aug 11, 2016

    I bought men tops and down, women tops and skirts, sandals. These things helped to expand my business, which helped to increase my income. I used the income to support my brother's education. My nephew has had admission to nursing training school.

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  • Fofie    Jul 27, 2016

    Thanks very much for helping me in my business. Everything is moving on smoothly.

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  • Fofie    Jun 30, 2016

    Thank you lenders now by the grace of God and with your helping hand extented to me, my business is growing faster day by day.
    I'm even hoping to open another branch soon

    Thank you.

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  • Fofie    May 18, 2016

    with the loan, I have been able to buy some clothes to fill my store. my earning has increased to 30%, which I have reinvest in my business. My family love to browse the cyber. Thank you very much.

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