To stock clothing to sell

Pratik Pyne

Gbetsile, Ghana

100% repaid

Entrepreneur

Name

Pratik Pyne

Member since

October 2020

On-time repayments

44 installments  •  34%

About Me

Hello, I'm Pratik Pyne and I would like to start a sportswear start up in Ghana which would hopefully expand to Africa and the world. I'm a holder of a degree in computing science and I'm currently starting up my business. I'm gradually picking up but a huge financial boost would be very beneficial to the growth of my dream which I hope would grow into something spectacular and great with the effort I'm putting in.

My Business

Currently into retailing of clothing, with the aim of expanding into a sports brand for African people and the world. Hopefully, instead of purchasing these items, gradually i can start producing them here to help truly showcase the vision and dream i have for this company.

Loan Proposal

Will be using the loan to gain more variety in inventory and also for advertising and marketing. I believe this would help take the business to the next level and hopefully help me establish it as a great business in Ghana and Africa.

Income Source

I am planning of paying of the loan with the profits from my sales. I believe my current sales margin can accommodate the undertaking of a loan to help me improve upon my business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$56.24

Date disbursed

Nov 18, 2020

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $4.05

Credit risk payment: $4.43

Optional expediting fee: $6.08

Lenders

JB

Jeffrey Blair

United States

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