Loan to expand my business

Serwaa

Chira, Ghana

100% repaid

Entrepreneur

Name

Serwaa

Member since

March 2017

On-time repayments

179 installments  •  36%

About Me

I am Serwaa Amanda from Chira, a town located in the s unyani West of the brong ahafo region of Ghana. The name of my parents are Mr and Mrs Amanda who are mainly peasant farmers. I come from a family of three. I am the first born. According to my mother, even at my early stage in my life, i had interest in trading, a quality which i have held on for a long time. I had the opportunity to go through a formal education, but unfortunately, i was not successful in that field because i was not academically sound. The game I am much interested in is watching television at my free time. I was Born on 27th day of February, 1990.

My Business

The young men and women of this current generation always will want to look good. Looking look good involves knowing how to put the right combinations.Most women put on ear rings and wrist watches whiles men also put on wrist watch to enable them look nice, hence, my entering into this business.I sell these items to both sex. People can buy on credit bases and majority of my customers buy on cash in hand mode of payments. I have chosen this business because it covers wide range of people so the more people buy the more the profit.

Loan Proposal

I thank you my dear lenders for giving me my first and second loans for the smooth running of my business. May God bless you for your continuous assistance. With the previous loans, my business has grown from strength to strength. This is because, everybody wants to look good before attending a programme so the demand of my products is high. I am able to make more profits weekly which made it possible to pay my loan on time. If by your assistance i get this loan, it will be used to buy the following item and sell in large quantities. These includes;
Different kinds of wrist watches=100 dollars
Different kinds of ear rings=70 dollars
local beads for both men and women=50 dollars
Dog chains=30 dollars
Transportation=30 dollars.
The profit will be used to expand the business and pay back my loan on time.
Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$265.00

Date disbursed

Sep 15, 2017

Repayment status

On Time

Projected term

53 months

Lenders

PG

Paul Graham

United States

Craig Newmark

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

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