Entrepreneur
Name
Yeboah
Member since
May 2016
On-time repayments
183 installments • 38%
About Me
I AM YEBOAH RICHARD OF 28 YEARS OF AGE. I COMPLETED JUNIOR HIGH SCHOOL IN A YEAR 2007 AT JINIJINI SDA MISSION SCHOOL AND CONTINUED TO SENIOR HIGH SCHOOL \JINSS\ AT JINIJINI IN BRONG AHAFO REGION OF GHANA.FROM THERE I WAS ABLE TO MAKE IT TO UNIVERSITY OF CAPE COAST IN GHANA AT THE YEAR 2011 TO 2012 ACADEMIC YEAR AND DROPOUT FROM THE SCHOOL DUE TO FINANCIAL DIFFICULTIES I WAS FACING, BECAUSE I AM FROM VERY POOR FAMILY. MY UNCLE WAS TAKING CARE OF ME IN SCHOOLS AND HE LOST HIS JOB , I WAS NOT ABLE TO CATER FOR ME EDUCATION AGAIN. I LATER FOUND MYSELF IN BUSINESS SELLING COSMETICS .THE SAME UNCLE OF MINE GAVE SOME CAPITAL OF MONEY TO START COSMETICS BUSINESS IN THE YEAR 2014 TILL NOW. I HAVE NOW OWN A COSMETICS SHOP.
My Business
I SELL COSMETICS OF DIFFERENT KINDS.
IS VERY USEFUL AND ALWAYS THE DEMAND IS HIGH . IS DIFFICULT FOR PEOPLE TO LIVE WITHOUT USING COSMETIC.
I CHOOSE COSMETICS BUSINESS BECAUSE, IT RUNS FAST AND I MAKE ENOUGH PROFIT OF IT .
PEOPLE LIVING AROUND AREA WHERE MY SHOP IS LOCATED IN ACCRA, MOVE TO FAR AWAY TO BUY COSMETICS AND NOW I HAVE BROUGHT SOME TO THEIR DOOR STAIRS .
I USED THE PROFIT TO CATER FOR MYSELF AND MY BELOVED FAMILY .
Loan Proposal
I WILL BUY COSMETIC OF DIFFERENT KINDS OF WITH DIFFERENT PRICES. THIS AMOUNT OF LOAN REQUESTED CAN HELP ME EXPAND MY SHOP AND EVENTUALLY MY PROFIT IS GOING TO BE INCREASED
IT WILL PEOPLE GET WHAT THEY WANT TO BUY FROM THE SHOP AT THEIR DOOR STAIRS.
I EXPECT MY PROFIT TO BE INCREASED BY (15% TO 20 %).
MY AIM IS TO TRY AS MUCH AS POSSIBLE TO ESTABLISH MY OWN WHOLE SALE SHOP AND SUPPLY PEOPLE WITH COSMETICS
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
May 10, 2016
Repayment status
Late
Projected term
2 months
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