Reselling second hand bags to push myself through school

Ebenezer Boakye

Ejisu-kumasi, Ghana

Funds disbursed

$0 to go

100% funded of $686 goal

0

days left

Entrepreneur

Name

Ebenezer Boakye

Member since

March 2017

On-time repayments

56 installments  •  21%

About Me

My name is Ebenezer Boakye from Ejisu -Kumasi in the Ashanti Region of Ghana. My parents are Ghanaians and they both hail from Ejisu. They are farmers and have eight children together as couples. I am the second born of the eight kids.
I started school at Ejisu M/A primary and junior high school, where I had my early educational training. My performance in the Basic Education Certificate Examination was excellent and i got the opportunity to enrol at Agogo state college where i had my secondary school training. I worked very hard while in the school and i was given an award for my excellent performance in the West African Senior School Certificate Examination. I entered the university the following year and by God's grace am doing the best I could to get my university degree.
I am a very hardworking student who desires to be a business owner and i am very excited to partner with your microlending institution to make my dreams a reality.
The topmost problem i faced as a student is my problem in securing funds to pay my tuition fees due to which i am sometimes denied access to key faculty facilities.
This is impacting negatively on my studies and my progress as a student and i would be much grateful if you could help me out by offering me the loan to expand my business and make much out of it so that i can pay all my university fees and on time.

My Business

I sell second-hand school bags to my colleague students to help raise money for my educational cost and expenses. Students need bags to house their books and other belongings and they regularly buy new ones. The demand is very high and the business is in good shape.
The loan when given will afford me the opportunity to get access to key faculty installations so as to be in competition with others in terms of academics because I will acquire more goods to sell and generate enough money to take care of my school expenses. This will serve my needs in the educational institution and aid in my financial strength in the university so that i can progress and be an outstanding student. 400 -500 dollars worth of second hand bags can fetch me 100 dollars profit every week.
The revenue is reinvested in the business to grow it big.

Loan Proposal

The loan will be used to procure more second hand bags to resell in order to generate more revenue which would be reinvested into the business to grow it big and make the business more attractive. I need 550 dollars to get in stock enough second-hand bags to sell to my customers and make enough returns out of it so that I will get money to pay for my university tuition fees and accommodation.
This will benefit myself and my siblings because I will get money to finance my educational cost and also support my parents in the payment of the school fees of my other siblings. When the loan is given to me, it will help my earnings to go up on daily basis because I will buy more goods to resell and make more revenue.
Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$686.00

Date disbursed

Sep 25, 2017

Repayment status

Late

Projected term

10 months

Lenders

M

marvin24

Giessen, Germany

C

Christian

Saarbruecken, Germany

W

Witlof

Tsukuba, Japan

S

slamarca

Caserta, Italy

BelleStarr

Albuquerque, United States

cyrus0302

San Francisco, United States

AltruisticSelfishnes

Chicago, United States

M

manup0d

Langen, Germany

O

Oliver

Geneva, Switzerland

DeanDropshot

Oslo, Norway

S

soren

Göteborg, Sweden

ErikN

Stockholm, Sweden

AndreaBravi

London, UK, Canada

Harley

New York, United States

T

Tallago3

Munich, Germany

Pere

Barcelona, Spain

johnandmoliehi

Canton, New York, United States

A

AlexCheng

Seattle, United States

G

grahamfamily

Guildford, United Kingdom

L

Lenah

Vert Saint Denis, France

KM

British Columbia, Canada, Canada

D

Divergent

Bethesda, United States

B

bgj21

Cambridge, United Kingdom

Cloudways

Malta, Malta

L

loistf

Madrid, Spain

ads68

Melbourne, Australia

Christopher

Copenhagen, Denmark

U

UmSaeed

Southfield, United States

Eduard

Dnepr, Ukraine

Maxey

Amstelveen, Netherlands

A

Andy

Berlin, United States

nakamura

United States

JC

Jordi Cohen

New York, NY, United States

fairspirit

Utrecht, Netherlands

MDILLENB

Aschaffenburg, Germany

H

HomesteadSchool

Glen Spey, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

EstanislaoCruz

Ewa Beach, United States

mikeoberhaus

San Francisco, United States

indrayudha

Jakarta, Indonesia

gseletko

South Perth, Australia

ibc123

Seattle, United States

xtrahardware

Cazenovia, United States

E

E

Marin county, United States

B

Branjsmith

Philadelphia, United States

DocHolliday

Legend, United States

C

Clben7

Cincinnati, United States

sderickson

Berkeley, CA, United States

D

drorm

United States

S

sarah4d2

Saint Louis, United States

E

ewaters1

Australia

J

jsbisa

New Orleans, Louisiana, United States

A

AaltvM

Netherlands

B

bscent

Hong Kong

W

wesbh89

United States

D

Desteli

United States

Grant Xavier Storer

Seattle, Wa, United States

T

Tim47

United States

K

KiraDee

United States

Jamal Hamou

Cascadia, Canada

Otto Barten

Amsterdam, Netherlands

S

satheajay

United States

SV

sven vdk

Twickenham, United Kingdom

TheGoodData

London, United Kingdom

PolarBearCapital

United States

SuperMario28

Cudahy, United States

R

Rosemary*

United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

SK

Sebastian Krohn

Amsterdam, Netherlands

Matthias

Frankfurt Am Main, Germany

Joerg

Velen, Germany

TS

Taylor Shann

United States

M

Marcus86257

United States

Dave Bogard

New York, United States

MD

Miles Dodge

CORVALLIS, United States

SMOICE

Berlin, Germany

MW

Matt Willis

United States

W

Wade

United States

JD

Jo Dane

Melbourne, Australia

DF

Daniel Fehr-Krahn

Winnipeg, Canada

PR

peter reibold

United States

Kate Courteau

United States

AT

avni trivedi

United Kingdom

Cameron Graham

Nashville, TN, United States

YM

Yelka Mikolji

United States

TH

tom hd

United Kingdom

Pedro R-C

Cambridge, United States

N

Nick

United States

MS

Mark S Yourek

United States

jo

Los Angeles, United States

Arnaud M

Sydney, Australia

DT

Dave Tyler

United States

Christopher Hey

Sudbury, Canada

Taylor

Memphis, United States

EB

Ellen Batten

Kalamazoo, Michigan, United States

M

Maggie

Australia

R

Ryan

United States

SH

Steven Huntington

London, United Kingdom

Gabriel Fenili

Santo André, Brazil

Y

YTSJ

London, United Kingdom

T

Tom

United States

S

stevensau

United States

V

Vidar

Oslo, Norway

LK

Leslie Kelly

United States

NE

Nikka Eliza Morales

Talisay City, Cebu, Philippines

Iris

Ireland

JC

juli camrud

United States

KK

karl kerksiek

United States

BW

Betty Waweru

United States

RB

Ruth Brown

United States

Jes-c

United States

B

Brett

Australia

RG

Ravi Gadad

United States

Sinan Taifour

Munich, Germany, Germany

E

Elle

New York, United States

Craig Newmark

United States

Benjamin Kniaz

Boston, United States

RR

Rory Rohloff

United States

SH

Stephanie He

United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

JA

Joshua Axtell

United States

Thomas Naimoli

United States

V

VJ

Canberra, Australia

R

Ralf

Germany

RG

Ryan Gough

United States

BP

Bill Piper

United States

K

Kyle

Durban, United Kingdom

HCPSPIRIT

Helsinki, Finland

GS

Gary Sinard

Franklin, TN, United States

Christian

Vienna, Austria

R

RMIM

United States

KA

Khaled Asmri

Saudi Arabia

A

Anabell

Elizabeth, United States

Mike

Indianapolis, United States

A

Aliya

United States

DW

Dan Winetsky

United States

Paul Buchheit

Mountain View, United States

J

James

Los Angeles, United States

Cari Donaldson

United States

A

Anonymous

United States

DM

Darin MacRae

United States

Nethanel Kohen

NYC, United States

B

Bartl

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

KT

K Turner

United States

L

Lindy

United States

BL

Bill Lowery

United States

M

Menke59

United States

R

Rachel

United States

L

Laea

Canada

DH

Don Hammond

United States

RC

Robert Chen

United States

Daniel Toke Hansen

Copenhagen, Denmark

AM

Andy Marston

United Kingdom

JS

Jason Shea

United States

C

Cheryl

Australia

SJ

Serign Jobe

United States

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