New barbering shop and footwear stock
Augustine
Kumasi Via Breman Ugc, Ghana
100% repaid
Entrepreneur
Name
Augustine
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
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$363.00
Date disbursed
Dec 28, 2017
Repayment status
On Time
Projected term
19 months
Lenders
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