Name
Ibrahim
Member since
March 2021
On-time repayments
4 installments • 75%
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.
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.
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.
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.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$28.00
Date disbursed
Apr 6, 2021
Repayment status
On Time
Projected term
1 week
Other loans
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