Ibrahim
Obuasi, Ghana
100% repaid
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 t-shirts, club t and foot wears with the loan which will help grow my business and increase my profit as well. This will help me sponsor my family and also help my customers get all kinds of goods they want when they visit my shop.
Since am in a mining community people patronize my goods and it will be very difficult for me to run at a loss but in case of any risk I will repay with profit from other business.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$45.00
Date disbursed
Apr 12, 2021
Repayment status
On Time
Projected term
1 week
Other loans
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