Reselling slippers and sandals to put myself through school

Gabriel

Kojokrom-takoradi, Ghana

Funds disbursed

$0 to go

100% funded of $423 goal

0

days left

Entrepreneur

Name

Gabriel

Member since

April 2017

On-time repayments

110 installments  •  15%

About Me

My name is Gabriel Ampofo. I am from a Ghanaian parentage and the sixth chid of my parents. I atteded St. Thomas international school where i sat for the basic educational certificate examination and passed with distinction. I proceeded to prempeh college for my senior high school education and also excelled excellently.
Being the first generation in my family to attend university, I have always aspired to learn the right way to manage money to produce successful budgets. l believe in giving back to my community by helping others with poor finances, so that they would avoid the same financial burdens i went through growing up in a single family.

My Business

I sell secondhand slippers and sandals to generate money to cater for my educational cost. The demand for these goods are encouraging and i make enough from the sales of these materials to take care of my educational expenses. I decided to do this business because it is very lucrative and income generating. 300 dollars good of slippers and sandals can fetch me 150 revenue. The profit will be reinvested into the business to grow it bigger and make it attractive to customers.
The loan will push me further towards my school completion and my dream of being counted as one of all time successful business administrator would not be compromised. The loan woguld mean the world to me as my tuition would be cleared.

Loan Proposal

The loan will be used to procure more slippers and sandals to sellto and make much money to finance myself in school expecially in the payment of my tuition fees and accommodation. I need about 600 dollars to make my business dreams become a reality. This will help me to expand my business and get enough money for my business expansion and also get money to repay my loan on time. My loan revenue will double when granted the loan.
Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$423.00

Date disbursed

Nov 5, 2017

Repayment status

Late

Projected term

21 months

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