Name
Boahemaa
Member since
July 2016
On-time repayments
105 installments • 23%
My name is Boahemaa Joyce .I was born in Ghana.My parents are small scale farmers and also business.They owned a shop.Most of my childhood involved going to a local school and also assist my parents in household chores during the weekends and holidays
After my high school i attended National youth services since i wanted to join the army of Ghana.After completing the National youth services,Unfortunately i wasn't not selected to join the army due to my height and health status.I was not happy and was disappointed since i had spent most of the time dreaming of becoming an Army officer one day.
My parents inform me about the need cater for myself i had to travel to look for a job which wasn't available.Luckily i was able to convince some cosmetic shops that i would hawk their products and we agreed on a commission.I worked really hard and within two years i was able to save some money and start my own shop which i have up to now.
My business deals with sale of beauty products from hair lotion,body lotion,hair extensions,handbags,liquid soaps,lips stick to earrings. The goods i sell are on demand since every woman would want to look beautiful and stand out from the crowd.
I chose this kind of business because its fast growing and with the right source it can be profitable.I normally source from wholesalers who have imported from different nation such as china,Dubai,London,sometimes usa i want to reverse and become the one sourcing directly.This way i will be able to make huge profit.
My typical costs in the shop include paying rent,electricity bills.I make a profit of $543 monthly which i use for my daily use and support my family.
This loan loan will be used to buy body lotions like princes,palm olive lotions,dove products and gels of five different kinds all will require $167.
This will increase my profit margin and save my community from walking long distances for same products ..
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Project Type
Classic Loan
Disbursed amount
$87.00
Date disbursed
Nov 7, 2016
Repayment status
Late
Projected term
23 months
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