Purchase of clothing stock for easter market

Owusu

Accra, Ghana

25% repaid

Entrepreneur

Name

Owusu

Member since

January 2015

On-time repayments

196 installments  •  16%

About Me

I am born into a subsistence farming family where education is only up to the basic level.
I got the chance to further my education in a next town up to the junior and secondary levels.
Upon completion of my secondary education where i offered business with accounting option,I traveled to the capital city where I got employed as a sales girl in a boutique.
It is out of my little sales income that I
put up my own shop in which I sell clothes and jerseys
I can say that all my activities is now
geared to making my shop a number one stop shop in the vicinity.

My Business

If you are in Dansoman and you want the latest men and women clothes and jerseys,then my shop is the right place to be.
I sell jerseys of all kinds to all kinds of latest fashion you can think of.
Selling of clothes had been my only job after my education hence have gain enough experience
I need large capital base thence all profits stay in the
business(reinvestment of profit for expansion)
i have the dream that with some few years to come, i will use this business to further my education on the field of marketing
i hope this will in no time be a reality as i take on this as my sole profession to raise a family of my own.

Loan Proposal

Easter is just around the corner, and in no time demand for clothing is going to increase, I want to get more stock so that I can also enjoy the benefits which comes during the Easter market. Just like I did with my last loan, I would use $200.00 which is about (GH 700.00) to buy more stock of clothing for kids and also use the rest which is about $150.00 to purchase also stock of adult clothing which is also going to be in high demand during the Easter market.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$287.00

Date disbursed

Mar 26, 2015

Repayment status

Late

Projected term

44 months

Other loans

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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