Loan to sell second-hand shoes

Ransford Charles

Jukwa Twifo Hemang, Ghana

100% repaid

Entrepreneur

Name

Ransford Charles

Member since

June 2021

On-time repayments

10 installments  •  50%

About Me

Hi am Ransford Charles Anana i am from the Region of Ghana am very great to join this platform, I have 4 children two boys and two girls my wife died in the year 2001 October since then am the only person to take care of my kids .And as a responsible father i have to create a business to help me and my family as well .

My Business

I am into Shoe business i sell shoe we order second hand shoes to sell both in the market place, churces and roadside .i do this business with my family's i mean my children they also help me to sell some of the good because that is the only source of income i have right now but i need a loan to purchase more to get more profit .

Loan Proposal

I will use this funds to order more second hand shoes to sell them in my community and other villages around . i have been doing this business with my children so anytime we purchase the goods we share it and everyone will distribute to their Clint so when we finish selling we gather the money and purchase another one for selling too .
Since my wife died this business has been also our income source so we take good care about our business because now its has turn into family business .

Income Source

When ever my profit increase i save some for future use so i will make sure i will make on-time payment to help me borrow huge amount to expand his business.
Because the business has now turn into family business we the family plan to save some of the profit at home incase of any urgent we can use it .so i can take some of the family savings account to get this my account maintain good credit limit .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$56.00

Date disbursed

Jun 25, 2021

Repayment status

On Time

Projected term

2 weeks

Lenders

Sundstroms

Falun, Sweden

LM

Logan Max

McKinleyville, California, United States

A

Anonymous

United States

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