Selling watches to get my school fees

Anita

Maakro - Kumasi, Ghana

Funds disbursed

$0 to go

100% funded of $272 goal

0

days left

Entrepreneur

Name

Anita

Member since

February 2017

On-time repayments

34 installments  •  53%

About Me

My name is Anita Mensah from Maakro- Kumasi in the Ashanti region of Ghana. My parents are Ghanaians and both are Cocoa farmers. I attended St. Benedict international school in Suame -Kumasi where i had my Junior high school training and was among the most outstanding and best student in my graduating class. I did very well in the BECE. I went to St. Monica's senior high school in Mampong-Ashanti and also graduated from there with a very good grades. Being a professional teacher was my dream so i entered the teacher training college, Wesley college where i am still a student. My finances is not all that good so i sell goods in addition to take care of my expenses in the teacher training school. I sell watches to students to get money for my educational expenses. Business is quite good and i get money to buy the things/materials i need in school.
I am a hard working and highly business - oriented and minded student who aside her academics deal in a wide range of products to generate enough revenue to improve my academic life. I sell watches to students at an affordable/cheaper prices to generate enough revenue/dividends.

My Business

I sell watches to student expecially to those from weak financial background who are cash strapped and cannot afford the high cost of sophisticated and expensive watches. I provide an alternatively cheaper products for them. The business is doing very well and am able to generate much more money for my expenses in school. I chose to do this business because I realised that people and my colleague students were always buying watches from a far location and after realizing i could provide these goods and make money out of it, i quickly gathered money and started. The profit i get is reinvested into the business to grow it bigger and part is being used to clear my fees and other educational costs.

Loan Proposal

I will procure more wrist watches to resell so that i can generate enough revenue to take care of my educational expenses. I need about 500 dollars to get in stock many wrist watches to sell so as to make many returns to keep my business in shape and generate enough revenue to finance my education. This loan when granted will give me the opportunity to get money to pay for my tuition and residential fees and also support my other siblings in the realisation of their educational dreams.
My revenue will go up spontaneously when the loan amount is granted which will directly affect my business to grow so that more money will come to me and the payment of my tuition fees will not be a burden.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$272.00

Date disbursed

Sep 5, 2017

Repayment status

Late

Projected term

15 months

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