New barbering shop and footwear stock

Augustine Ofori

Kumasi Via Breman Ugc, Ghana

100% repaid

Entrepreneur

Name

Augustine Ofori

Member since

August 2017

On-time repayments

130 installments  •  88%

About Me

I am a young man of 33years married to Eunice Owusu with two children. I started life in Sunyani, I attended both primary ,high school and university in Sunyani the brong Ahafo regional capital of Ghana. I live in Kumasi, Breman UGC to be precise. I started working as a barber while I was in the high school and later developed some passion for business since it was the second job for my boss b then, so I took some experience from him with regards to the business of buying and selling. since then business has become part of me. so my core business for now barbering and retail of sandals and slippers.

My Business

The proceeds of my business comes from the barbershop and the retail business. the barbering shop I am able to make average daily sales of $25 and resale of sandals fetch me daily sales $100. my business is very lucrative that why I need financial support to expand.

Loan Proposal

I will add this loan up to my savings in order to purchase some new equipment that will help me complete the opening of a new barbering shop. Also the loan will enable me replenish my footwear stock to meet the upcoming Christmas festivities since this is the time a lot of people go shopping.
The products I will stock my shop up with are as follows:
Sterilizer = $50
Hair cut machine (4)=$200
Air-condition =$300
Other haircut equipment = $100
Bulk footwear (100 pairs)=$500

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$363.80

Date disbursed

Dec 28, 2017

Repayment status

On Time

Projected term

19 months

Cost to entrepreneur

Service fee: $10.38

Lenders

J

JonnyPrice

San Francisco, United States

C

CavLender

Charlottesville, United States

Hope2012

United Kingdom

R

RalphyCastro

Allentown, United States

mike123riley

Palo Alto, United States

S

Steveandson

Arlington, United States

A

AlexCheng

Seattle, United States

mheloin

Shepperton, United Kingdom

rasmus

Bern, Switzerland

J

JoJoHouse

New Castle, United States

P

PhilACK

Brampton, Canada

MichelD

Bangkok, Thailand

S

Sherry

Pittsburgh, United States

Ingela

Falun, Sweden

I

IanPate

Victoria, Canada

C

chrono

Toronto, Canada

A

alkemyst

Geneve, Switzerland

S

sublibyss

East Lansing, United States

C

cardiff

Falls Church, United States

paulclinton

malaga, Spain

K

kingcamo1095

Mountain Home, United States

JFais

Atlanta, United States

T

TodaRaba

Tacoma, United States

D

dbuksh

United States

C

chrishol

United States

B

BeachDrapers

United States

poorinvest

Sandefjord, Norway

R

RosieWatrs

United States

chriseyre

Fremont, Ca, United States

J

jsbisa

New Orleans, Louisiana, United States

B

blambert

United States

TyrynyRed

United States

TheGoodData

London, United Kingdom

Michelle

Sydney, Australia

S

Sven

Netherlands

PC

Patrick Clavette

Hartford, Wisconsin, United States

JT

JW Tabacchi

United States

KD

Kent Don

United States

AF

Alysn Ford

United States

George

Corvallis, Oregon, United States

R

Rors

United States

BC

Best Chapman

United Arab Emirates

M

Mart

United Kingdom

N

Nick

United States

Jennifer

Berlin, Germany

E

Enda

Abu Dhabi, United Arab Emirates

BM

Billy Merritt

United States

Elise E

United States

RC

Rudi Chen

United States

A

Anna

Poland

A

Annekatrin

Switzerland

Mary Norton

Byron Bay, Australia

RS

Rick Smith

Cuenca, Equador

M

Mark

Toulouse, France, France

AV

Andrew van der Watt

Johannesburg, South Africa, United States

Bob Romijn

Hilversum, Netherlands

Helper

United States

C

Corrie

United States

TB

Tim Barrett

United States

Brandon Wright

Salt Lake City, Ut, United States

D

darienfo

United States

Paul Buchheit

Mountain View, United States

AH

Antioch House Church

Kansas City, Kansas, United States

PL

Peter Lim

New Zealand

Leesa

Australia

Metalfreund

Berlin, Germany

C

Cheryl

Australia

Severin Zörgiebel

Frankfurt, Germany

T

Tineke

New Zealand

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