Refinancing and expanding my business

Eunice

Accra, Ghana

100% repaid

Entrepreneur

Name

Eunice

Member since

March 2021

On-time repayments

53 installments  •  30%

About Me

Hello I'm Eunice an entrepreneur and i'm currently running about 3 business and they are clothing, Cosmetics and Food. Because of the level of unemployment rate in the country, I started with my business right after my University education because i didn't want to join the unemployment association after school and so i got my self employed and and God being so good i got support from family and friends to raise some start up capital to start the business and I have been able to support my family and friends with the income i make by helping them to pay school fees and for their upkeep. But Since the covid19 started, it has affected the business negatively and i will need financial assistance to refinance and the expan it as well. Im planning to venture into agribusiness by farming vegetables. So i will need your financial support to make this dream come to pass.

My Business

I have a clothing business which i sell kids fashion, Men's fashion, and ladies fashion, Cosmetics, perfumes and more. I recently added cooked food which is mainly snacks and im looking forward to expand the business to a big shopping center where customers can get variety of stuffs to buy when they enter.

Loan Proposal

I will be using the loan to purchase stock in bulk so that i will be able to sell in wholesale to customers because i have a high demand of wholesale of my stuffs but i can't supply it because of financial constraints so the loan will help me to do that

Income Source

Please I have done investment which brings me weekly and monthly income in addition to the income i get from the business i will be able to repay the loan. Aside that my family will be supporting me to pay if any challenges arises so i have no problem of repaying back the loan

My Videos

May 31, 2021: Video of myself in my work location

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$31.00

Date disbursed

Mar 8, 2021

Repayment status

Late

Projected term

2 weeks

Lenders

Paul Buchheit

Mountain View, United States

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