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
With restrictions of covid-19 being lifted gradually in Ghana, I want to use this as an opportunity to expand my market and meet with demand thus applying for a loan.
Income Source
Covid has struck has hardly here, especially in the clothing market, but sales are doing well recently and I plan on using my profits to pay back the loan and gradually be able to break even.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$80.24
Date disbursed
Dec 31, 2020
Repayment status
On Time
Projected term
6 weeks
Cost to entrepreneur
Service fee: $2.91
Credit risk payment:
$9.24
Optional expediting fee:
$5.82
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