Sell second-hand clothes

Godfred Kwaku

Dansoma, Ghana

Funds disbursed

$0 to go

100% funded of $105 goal

0

days left

Entrepreneur

Name

Godfred Kwaku

Member since

March 2021

On-time repayments

6 installments  •  67%

About Me

My name is Godfred Kwaku Asiedu from Ghana the first child of two children of madam Emilia Naa Oyoo Owoo and Mr Micheal Kwasie Asiedu who is dead. Born on the 12th December 1984. Am the first male child of my parent. The family looks up to me and so I work hard to provide for the family. Am married with two kids a boy and a girl of which the girl is the eldest child with ages seven and five all attending school in classes basic one and Kg. two.

My Business

Am a young man with lot of business ideas. Have worked with a number of companies promoting their products throughout the country. Due to the COVID have started my own business which is selling of cloths (Second -hand). My aim is to expand the business to introduce my own clothing line of which to promote made in Ghana clothes and have young people gain employment.

Loan Proposal

I will be using the funds to add to what I have to be able to buy more and new goods to be able to reach out to my costumers ...in this line of business to get more client you need to always be ready to get them new and buy getting the new goods I will be able to buy direct from the wholesale as at the moment because my fund am working with is not much I do buy from third party and that makes the profit a bit small...lastly I want to use the funds to also rent a shop where I can showcase my goods at the moment am sharing the place with the own of the place when they open I will have to find a place to hung my items making it difficult to reach and been seen ..

Income Source

Well in every business there are risks but one needs to take the steps needed to make sure you don't run lost totally , also the items I sell to my client I always make sure some percentage of it is been paid to be able to run the business at all so.with such idea I will be able to pay the loan on time and to run the business as well

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$105.00

Date disbursed

May 24, 2021

Repayment status

Late

Projected term

2 weeks

Lenders

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