Shoe shop

Florence

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Florence

Member since

October 2017

On-time repayments

55 installments  •  2%

About Me

Started school at Queens Day international school
I was dropped out of school because of financial problem. I have now established my own shoe shop for which I earn Ghc500.00 a month . Im facing difficulty in producing more of my shoe for sale. A friend of mine helped me to have access to credit facilities which no longer comes due to the poor state of my business.
I cannot afford three square of meal a day because of my low income I earn a month
the burden of my siblings are on me since i am the eldest among them and my parents too are dead.I used to spent time with my parents when they were alive. We used to visit the Zoo and have some fun out there .But there are not there anymore for all these fun time. I now depend on my own for a living. I want to have great children in future so that they won't be like me because I hate seeing my children suffering like this.

My Business

I'm a business man having my own Shoe shop where I delivered them for sale
I earn Ghc500.00 a month. The nature of my business is poor and i want to increase my productiviy since I have small scale productivity. I sometimes find it difficult to purchase raw materials for production. I want to expand my business to earn higher income so that I can cater for my self and my siblings. I want to be a big entrepreneur in my community and my country as a whole. I have a goals and I want my business to compete with other competitors . Since my business is on low scale , I want to purchase raw materials in bulk . The raw materials are ;leather , materials for shoe, thread, shoe case holder, contact glue, machine for polishing. These materials cost , Leather $20.00 shoe case holder $30.00 Contact glue $40.00 thread $10.00 machine for polishing $100.00 , Materials $80.00 and Polish $20.00

Loan Proposal

Shoe leathers for $100.00
Contact Glue for $50.00
Polish for $30.00
Material for shoe $80.00
shoe case holder for $40.00

This will help my business to expand and i will gain much profit

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$117.00

Date disbursed

Nov 2, 2017

Repayment status

On Time

Projected term

19 months

Other loans

Lenders

PG

Paul Graham

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

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