Stocking up my clothing business

Frederick

Abuakwa, Ghana

100% repaid

Entrepreneur

Name

Frederick

Member since

April 2021

On-time repayments

9 installments  •  22%

About Me

I am Fredrick Oti, a working student who is very focus. I completed Shs at Manso Shs and I am now doing my distance studies with the university of Wineba. Growing up was very tough one as we are seven siblings and u am the second who didn't get much support because I did have younger siblings who need much attention, because of that I have to venture into trading of clothes in the market areas at Abuakwa to support my self. I see myself owning a boutique in the the next two years and I think with Zidisha every dream would come true.

My Business

I sell second hand homes clothing like adult clothing, children clothing to my customers to raise money. I normally send these clothing to my clients at their work places and also in market places. I developed passion for this business because I love fashion and would want to own my own boutique. I normally use the interest I get from the business to buy more clothing to sell.

Loan Proposal

I sell clothes like T shirts, trousers and others to my clients at their workplaces and the demand for this items is so good as everybody wants to look good. This has given me the option to increase stock in these items to meet my customers requets. The loan I am applying for would really hell to increase stock and help me raise profit. i would reinvest the profit back into the business.

Income Source

I would pay the loan from the profit I get from the sales of clothing to my clients I. daily basis and also make I sure I pay according to zidisha weekly payment terms. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$61.00

Date disbursed

Apr 27, 2021

Repayment status

On Time

Projected term

7 weeks

Other loans

Lenders

lizandsteve

guelph, Canada

AH

ajay hampapur

United States

A

Anonymous

United States

David Hopkins

United States

CG

Chris Greene

Birmingham, AL, United States

RL

Robert L

United Kingdom

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