Loan to run my clothing boutique business

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 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.

Income Source

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.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$45.00

Date disbursed

Apr 12, 2021

Repayment status

On Time

Projected term

1 week

Lenders

Paul Buchheit

Mountain View, United States

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