Ghana

Morcher's Boutique


This Loan
100% Repaid


Disbursed Amount: $258.19
Date Disbursed: Feb 9, 2017
Repayment Status: On Time
Repayment Frequency: Weekly Projected Term: 5 months
Cost of Loan: $13.17
Show Cost Details

Cost of this loan

Service Fee: 5% of $258.19 = $13.17


Story
About Me

I come from Enchi in the Western part of Ghana, . I was a young boy who was brilliant and was interested in studying. Roman Catholic School was the first school that I attended. I proceeded to Secondly School,passed and futhered my education to the Teacher Training college. Actually I was interested in Teaching and I loved the job of teaching, I went for further studies at the University of Education, Winneba where I graduated as professional teacher. I am a mathematics tutor at Dormaa Ahenkro Senior High School. I studied mathematics and now I am married to one African Queen Called Angela ASARE. We have three children and because the salary is insufficient, I looked for loan and opened up a boutique that I sell various goods to help the family.

My Business

Dormaa Ahenkro is where I was stationed to teach after my University Educcation. People travel as far as to Berekum to buy quality shirts and shoes, so I decided to go into this business business venture.Every Tuesday of the week is a market day in Dormaa Ahenkro. Farmers and other places near dormaa Ahenkro. They buy shoes,shirts singlets,panties,ladies underwear, boxer shorts and many others I started with a business capital of Ghc5000 from one of the local micro- finances.I(Teacher' Credit Union) I pay school fees with part of the profit I make.

Loan Proposal

I wish to add to my good at my shop these items and their estimated prizes, $36 worth of men's underwear,$32 worth of ladies pants, $18 worth of men's sandals, $23 worth of ladies night gowns, $12 worth of belt for men.These will add more quality to the existing goods I have in my shop and it is my hope to see more improvements in my sales than ever.



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Morcher's Boutique

Morcher Michael
Dormaa Ahenkro_ghana, Ghana

100% Repaid