Loan to invest in shoes and clothing

Joseph

Mampong, Ghana

100% repaid

Entrepreneur

Name

Joseph

Member since

October 2018

On-time repayments

8 installments  •  100%

About Me

My name is Joseph Mensah 24 years of age. I was born in Tachibana in the Brong Ahafo region. I completed senior high school in 2013. Life after school was not easy, so I decided to go and help my uncle in Adabokrom western region. May through that he will also help me continue with my education. I helped him for 2 years and was no sign of helping me achieve my dreams. Then I decided to do some on my own that will help me continue with my education. We are six in a nuclear family and am the oldest among them.I am not married . I am good in playing football but because of circumstances has made me spot playing football.

My Business

I started this business when I completed senior high school and I wanted to continue my education and there no support. My mother with 300Gh cedis to start a petty trading. I sell cloth and sometimes shoes when there is the need to bring them to sell especially during Xmas period. Am currently am having a sum total of 1100gh cedis and I always invest all my profit into the bussiness. I normally make 300Gh cedis to 60gh cedis as profit within a week. I am the only person selling clothing, I mean store shoes and clothes. I sometimes support my parents financial to take care of my siblings.

Loan Proposal

I sell all kinds of clothes, shoes bedspreed. I will be very grateful if you could help me this time around to raise this loan. It will helps me expand my business by thirty percent (30%). I will invest all the money into the bussiness. I sell cloth and sometimes shoes when there is the need to bring them. I sell in a local community where getting a car to the city is very expensive, so many people prefer buying things that are closer to them than buying things in the city comparing the price of the cloth and lorry fee. I depend on the clothing bussiness for my living, so don't joke with my bussiness. Am the first person to set up this business in my area. I will pay the every week as soon it's time for repayment. I am the only person selling clothes in my area I mean in sh

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Loan Info

Project Type

Classic Loan

Disbursed amount

$131.00

Date disbursed

Apr 21, 2019

Repayment status

On Time

Projected term

2 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

M

Margaret

United States

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