Loan to other for cosmetic products to stock my beauty shop

Akua Roseline

Gambia No.1, Ghana

18% repaid

Entrepreneur

Name

Akua Roseline

Member since

August 2016

On-time repayments

46 installments  •  72%

About Me

I am the second born in a family of three children and a mother of one child, my childhood life was very difficult due to extreme poverty.We could sometimes go without food for two days. I went to umina primary school which was 5km from home and had to trek each day to and from,I then joined mbaga girls for my secondary but I had drop out at my second year due to lack of school fees.
After dropping out of school ,I went to live with my aunt who is a tailor and she trained me to be a tailor and designer. Being a quick learner I mustered the skills very fast. However starting my own business was an uphill task due to lack of capital and I had to work for my aunt for two years as I save $300 that i used to open up my own business. I have since managed to open up my business and the business is doing well though it needs expansion.
my hobbies include listening to music,dancing,singing and watching movies.



I am a cosmetic dealer and cloth designer by provision. I provide cloth making services to my esteemed clients who include students . Clothing's are important in the society for no one wishes to walk naked.
I choose these business because i loved it and it has good profits.
my monthly typical costs are $150 per month and my revenues are $350 per month.
I use the proceeds from the business to save for expansion,take care of my basic needs and support my siblings education .

Hello lenders, I recently got a business to supply church uniforms for my local church and I am requesting for a loan to buy material in bulk so that I can enjoy economies of scale. Buying in bulk will reduce my transport costs and I would also get discount.I expect to double my profits after these investment.please help me and thank you in advance.

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My Business

Iam a cosmetic dealer who sells variety of cosmetic products.I engaged myself in this business because i had it after completing difficult to further my education in the year 2005.my monthly earnings is about $200. I have had a lot of experience in dealing with cosmetics in which I manage to feed my two little children.

Loan Proposal

Dear zidisha, I thank you for the first loan you gave me.It has enable me to expand my cosmetic shop and also increase my profit.I am here again to plead with you for another loan. counting on your usual co-operation.Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$340.87

Date disbursed

Nov 18, 2016

Repayment status

Late

Projected term

63 months

Cost to entrepreneur

Service fee: $8.48

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