Stocking up my shop with various materials

Emmanuel Kwabena Achiriki

Kumasi, Ghana

100% repaid



Emmanuel Kwabena Achiriki

Member since

December 2020

On-time repayments

28 installments  •  29%

About Me

My name is Emmanuel Kwabena Achiriki and I am 48 years of age. I am married with two children. Growing up was not easy as I was raised by a single parent. With this hardship I was not able to complete second cycle education and there ventured into business. I now own my store where I sell all kinds of materials and other accessories to support the family. Back in school I was a good footballer but because of lack of funds I couldn't play football and one of sons has inherited this talent from me. I am always happy that at least I can invest in him to make his dream come true. in the next four years I dream of becoming an businessman who also help others to pursue their own dreams through their area of business.

My Business

I sell clothes, materials and other accessories which is used for dressing at wholesale and retail price at kumasi central market. I have been doing this business for ten years now and have got enough experience to manage the business as expected. Because of the good customer relation with my clients I have been able to build up a market avenue where people from all over the country comes to kumasi central market to purchase goods at whole to their specific area in Ghana to sell which gives me enough revenue and profit to help me take care of the family and other expenses. Investing in my business would help me expand balmy business to open branches and employ other who also want to learn trade.

Loan Proposal

It's Christmas and the selling of cloth materials to sew dresses demand is very high. I need this loan to top up with various metrials which my clients are of high demand. I have requested bulk supply from my suppliers and this loan would help pay them. With this I would be able to make more sales and raise a profit of about 80 percent to support my business and family as a whole.

Income Source

I have been selling clothing materials for over 15years now and have many customers who troops in at this season for purchase. I make daily sales enough to cater for this loan and I agree by principal to abide by the the contract so paying this loan will not be a major problem.





Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Dec 26, 2020

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $6.46

Credit risk payment: $14.31

Optional expediting fee: $13.04



Craig Newmark

United States

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