Loan to expand my clothing sales business

Solomon

Atonsu, Kumasi, Ghana

Funds disbursed

$0 to go

100% funded of $315 goal

0

days left

Entrepreneur

Name

Solomon

Member since

June 2015

On-time repayments

79 installments  •  63%

About Me

My name is Nkrumah Solomon. I am a 24 year old Ghanaian gentleman. I am a senior in high school seeking to continue my education. I am the second from a family of five. While in school and before going to the senior high, I assisted a friend who sold second hand clothes as a business.

The quality and the beautiful nature of the products got me really interested and as such I started selling clothes to some friends of mine. Currently I work as a shop attendant to cater for some basic needs in life.

My target is to be able to purchase clothes in larger quantities for sale to maximize my profits. I am very entrepreneurial minded and I make the most out of every opportunity that presents itself. Your loan will provide me the opportunity to improve myself and my business.

My Business

I am a shop attendant who is also in the sale of second hand clothes or what one would call ‘slightly used clothes’. I have a lot of styles and design which people love to see and buy every day and this is generating a good profit for me and as such I want to expand my business and expand to other parts of the market and beyond and to also serve as an avenue to employ others who have no work to do. I currently do not have a shop to solely display these clothes but keep the goods at home and delivers them when contacted by someone for supplies and also during market days I take them to the market to sell which is every Wednesday. I however have a huge customer base who are always ready to buy from me. I would be glad to get this loan to be able to get access other available markets and also spread my tentacles across board in order to be able to fight the unemployment situation around here and also be able to make good profit so as to be able to pay back. I promise to execute and respect the rules and regulation of this noble institution.
Thank you.

Loan Proposal

It is within the interest of my business to seek loan from this august house to expand the trade. I wish to add new set of african wears that will meet the demand of my customers. I think I will be done the honour once again. Thank you.

Show original English  

About Me

My name is Nkrumah Solomon. I am a 24 year old Ghanaian gentleman. I am a senior high school leaver who seeking to continue my education. I am the second from a family of five. While in school and before going to the senior high, I assisted a friend who was into the sale of second hand clothes. The quality and the beautiful nature of the products got me really interested and as such I started picking from her and selling to some friends of mine and gradually began to take it serious. Currently I work as shop attendandant in order to cater for some basic needs in life. For now however, my target is to be able to take these clothes in larger quantities to be able to maximize profits. I am very entrepreneurial minded and I make the most out of every opportunity that present itself and as such this next step of expansion is a great step for me.

My Business

I am a shop attendant who is also in the sale of second hand clothes or what one would call ‘slightly used clothes’. I have a lot of styles and design which people love to see and buy every day and this is generating a good profit for me and as such I want to expand my business and expand to other parts of the market and beyond and to also serve as an avenue to employ others who have no work to do. I currently do not have a shop to solely display these clothes but keep the goods at home and delivers them when contacted by someone for supplies and also during market days I take them to the market to sell which is every Wednesday. I however have a huge customer base who are always ready to buy from me. I would be glad to get this loan to be able to get access other available markets and also spread my tentacles across board in order to be able to fight the unemployment situation around here and also be able to make good profit so as to be able to pay back. I promise to execute and respect the rules and regulation of this noble institution.
Thank you.

Loan Proposal

It is within the interest of my business to seek loan from this august house to expand the trade. I wish to add new set of african wears that will meet the demand of my customers. I think I will be done the honour once again. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$315.00

Date disbursed

Jan 24, 2017

Repayment status

Late

Projected term

6 months

Lenders

cyrus0302

San Francisco, United States

Tavin

Ottawa, Canada

B

Baldnerd69

Cross Plains, United States

Matching Fund

Sterling, United States

Cameron Graham

Nashville, TN, United States

PG

Paul Graham

United States

RV

Rob Van Dam

United States

Paul Smithson

Leeds, United Kingdom

Christopher Hey

Sudbury, Canada

SB

Sue Bucholz

Sacramento, United States

K

Kenny

United States

JA

Jan Andresen

Hamburg, Germany

RE

Richard Ellis

United Kingdom

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

Dean Suminski

Portland, Oregon, United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

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  • Prince    Aug 3, 2017

    He admitted that He is facing little difficulty at work. So he will pay soon as he resolve issues at work.

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  • Prince    Jul 1, 2017

    He explained to me that he is facing some difficulty in the family that the reason why he has miss payment. .but he will adjust it .and start paying very soon .

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  • Prince    May 31, 2017

    I have talk to him he admit he has missed payment for sometime now. All because busness is not going well, but he promised to reduce his payment.

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  • Prince    May 1, 2017

    We talk for a while, he assured me that I should tell the lenders that he will begin payment nest two weeks. Because he is not in town by then he will be back!!!

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  • Solomon    Jan 19, 2017

    Thanks very much to my lenders. I was in such a difficult time thinking whether my loan will be funded or not. Right now I will make sure I use the loan to add up to my clothing in order to meet the market demand.

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  • Solomon    Jan 6, 2017

    I thank the lenders very much. This loan has been very impactful and expanded my business.

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  • Solomon    Jul 26, 2016

    As I told lenders earlier, I am still into the business of selling clothes. I will therefore use the money to add to the stock of my business.

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  • Solomon    Jul 10, 2016

    I thank my lenders and the whole zidisha community for the great opportunity granted me. The loans granted me has really widened my business. I am really grateful.

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  • Solomon    Mar 29, 2016

    Business is moving on fast and I would like to increase in order to pay fast. This will serve as an appreciation to the lenders.

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  • Solomon    Feb 16, 2016

    I thank lenders for funding the loan. This will go a long way in boosting my business. I will use the loan to get more clothes for sale.

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  • Solomon    Feb 9, 2016

    I appreciate highly what my lenders did by funding my previous loan. It has really boosted my business and right now I am making reasonable profit from the business. It is such a great honor to be in touch with this family,

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  • Solomon    Sep 17, 2015

    Thanks very much to lenders for fully funding my loan. I will use the mobey to get nore clothes and sell. I am really grateful.

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  • Gordon    Sep 15, 2015

    Hi solomon, please don't lose hope because I absolutely have the faith that lenders will fund the loan.

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  • Solomon    Sep 2, 2015

    Thank the lenders very much for the previous loan they offered me. Because of the loan they gave me I was able to pick some second hand clothes and sell. Out of the monies I got out of the sales, I was able to settle some outstanding debts I had in school. This has really helped me and I thank the lenders for that.

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  • Solomon    Aug 5, 2015

    I would like to finish paying earlly in order to get a higher amount to invest into my business

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