New clothing to sell for the Christmas season

Asamoah

Techiman, Ghana

9% repaid

Entrepreneur

Name

Asamoah

Member since

July 2016

On-time repayments

48 installments  •  79%

About Me

asamoah vanessa is my name and I am from Ghana in West Africa. I am the third among five siblings and the only male. so I have four sisters. strong ones aAs I said I sell second hand clothes on large quantities in my locality. I actually sell it in a market so there are always lots of customers around and market is also generally good for such a business..
These are basic clothes and people need them all the time. I decided to sell these goods because I was given it on credit when I had no money of my own to start and also due to its profit and the need of it in almost every locality.
If I invest say $50.00 I do get back not less than $30 as profit and thus very good and huge . I save, I live on part, and I reinvest the rest in my business...

My Business

As I said I sell second hand clothes on large quantities in my locality. I actually sell it in a market so there are always lots of customers around and market is also generally good for such a business..
These are basic clothes and people need them all the time. I decided to sell these goods because I was given it on credit when I had no money of my own to start and also due to its profit and the need of it in almost every locality.
If I invest say $50.00 I do get back not less than $30 as profit and thus very good and huge . I save, I live on part, and I reinvest the rest in my business...

Loan Proposal

i thank my lenders for supporting in a time where all hope is gone.hello my dear lenders,i need another loan to boost my business in this Christmas season. upon getting this loan,i will use all the money to buy one bundle of second goods.this bill will help me to attract a lot of customers in this Christmas season. it will also increase my profit margin.i will do my best to pay on time.thanks in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$324.00

Date disbursed

Nov 28, 2016

Repayment status

Late

Projected term

143 months

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