Loan to stock my clothing shop

Obeng

Wamfie, Ghana

100% repaid

Entrepreneur

Name

Obeng

Member since

August 2016

On-time repayments

33 installments  •  15%

About Me

My name is Obeng Richmond. I completed junior high school and due to some reason, I couldn't continued my education to the high school level but later with help of my mum's junior sister I was enroll in a computer school to pursue a one year course in computer software and hardware and after completion I was lucky to meet a class mate of mine who then introduce me to clothing sales. It was never easy at first as i had to walk on the sun to find customers and people who really needed them. the uniqueness of this place people are very welcoming and hard working and wants to sell to make ends meet.
i like football as a hobby.

My Business

i am into cloth selling especially ladies cloths and they are highly in demand here as the ladies always want to look good. I chose this business because i realize that the ladies around here are more into fashion. the typical cost is $100 and i used the profit to take care of my junior brother in school and also some of the profit is given to my parents to be used during the farming in other to make sure there is always food in the house.

Loan Proposal

with the loan from zidisha i will be able to add it to my capital to buy $120 worth of cloths and after resale i will make a profit of $30. this will help me take care of my junior brother in school and my parents. This is going to reduce a lot of burden on my parents as i will be able to support them in the house.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Sep 3, 2016

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

Hans Moor

Vorden, Netherlands

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