Loan to run my clothing boutique

Ibrahim

Obuasi, Ghana

100% repaid

Entrepreneur

Name

Ibrahim

Member since

March 2021

On-time repayments

4 installments  •  75%

About Me

Ibrahim Awale is my name and I stay at Obuasi in the Ashanti Region of Ghana. I am married with three kids. I couldn't further my Education after JHS so it prevented me from achieving my goal of becoming a lecturer. I started my own business by acquiring a bank loan as a start up which has really helped me a lot.

My Business

I operate a boutique at Obuasi. This goods are useful because it help me to get money to support my family in all aspects and also my customers get every latest clothing they want when they come to shop. my cost of operation is GHS 5000 and my revenue is GHS 9000.

Loan Proposal

I will buy clothing such as shirts, shoes, knickers, ladies dress etc. with the loan. It will help me get enough income to support my family and also help my customers get everything they want when they come to my shop.

Income Source

Obuasi is a very big town in the Ashanti region and also it is a mining city so the things I sell moves a lot and it will be difficult to run at a loss, but in case of any risk I will repay with my profit from other business.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$28.00

Date disbursed

Apr 6, 2021

Repayment status

On Time

Projected term

1 week

Lenders

A

Anonymous

United States

BL

Barb Laser

United States

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