Loan to expand my clothing business

Heleglo

Kumasi, Ghana

5% repaid

Entrepreneur

Name

Heleglo

Member since

March 2021

On-time repayments

9 installments  •  22%

About Me

My name is Gladys Heleglo and I am marred with three boys, I stay at Tafo in the Ashanti Region of Ghana, but i come from Volta region of Ghana.I and my mother migrated from Ho in the Volta region of Ghana to trade and I was not able to go back to my home town, when I lost my mother. I get marriage to my husband here in Kumasi before I took him back to my home town to greet my people, from than i have not be able to go back to my home town since things were not all that easy for me. I am the first born of my mother and i take care of my young brothers and sisters in my home town, from the profit i make from the home used clothes i sell.

My Business

I am a trader and i sell home used clothes in Kumasi central market. I have engage my self in this business for about six years now. I use part of my profit to take care of my brothers and sisters as well as my children. I started this business with Ghs1000 and I make Ghs2000 sales revenue at the end of every week. My sales revenue sometimes goes up and down depending on the kind of clothes i will sell in the cause of the week.

Loan Proposal

I need this loan to add to my capital to expend my clothes selling business. This loan will help me buy more used clothes and sell it to make additional profit.

Income Source

I will be able to make payment and incase of risk i will make payment from the profit i make from other business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Mar 31, 2021

Repayment status

Late

Projected term

8 weeks

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