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 refinance and expand my business by buying more stock and promote my business

Income Source

I will be able to repay back the loan from my personal savings and income from the business and I will get support from my family if the needs arises so there's no cause to worry about repayment

My Videos

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

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$65.00

Date disbursed

Mar 11, 2021

Repayment status

Late

Projected term

2 weeks

Lenders

Cloudways

Malta, Malta

Stephan W

Witten, Germany

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