Selling of clothings

Amma

Nkrakwata, Ghana

100% repaid

Entrepreneur

Name

Amma

Member since

September 2016

On-time repayments

85 installments  •  19%

About Me

My name is Amma abamu and I am Ghanaian in West Africa. I sell clothes ladies slippers in my community. I grew up among four strong boys as my siblings. so I was much protected. I had a very happy childhood too. hardship and challenges I believe are for humans to solve them and I have had to endure so much of it till today. However, I do not give up no matter what the case is . I began selling bread as soon as I completed senior high school and indications pointed that I could not further it .
it was much easy since an aunt is a storekeeperit so I needed not starting capital at all. I traded on credit and paid her back later. it was profitable too and it has always so.
I like to sing and meet with friends at social gatherings.

My Business

I sell clothes my community but in smaller quantities. these are part of basic things demanding in my community since both the young and old wear clothed and use it both in the mornings and in the evenings. The profit margins are good and for that matter ,
When I go for new clothes from the source after sale I do make a profit of more than 29%.
I will want to rent a house of my own and for that matter i can save small and get a part back for operations.l have a great ambition to support my family also in other to improve their lives

Loan Proposal

I will use part of the money that is about $3 as transport fee and $7 to buy additional clothes from market to be sold in my community. After this $4 will be used to discuss or settle with where the clothes arr going to be sold.
Hopping that more profits will be gained to my life or living thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Oct 5, 2016

Repayment status

On Time

Projected term

3 months

Lenders

Paul Buchheit

Mountain View, United States

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