Purchasing new suits and khakis for clothing business
Mary
Kintampo, Ghana
100% repaid
Entrepreneur
Name
Mary
Member since
February 2015
On-time repayments
260 installments • 61%
About Me
I am Mary Opoku a 30 year old lady, and I live in Kintampo . Professionally , I am an Physician Assistant . After completing secondary school i taught a private school for two years to before proceeding to Kintampo college of health sciences where I read community medicine.
Because of my passion for business I now sell clothings alongside my profession. Even at my child I use to sell sachet water after school to help my mother.
Upon all the hardship I went through I was determine archive my gold in life.
My Business
l am into the sale of both ladies and gent suits and khaki trousers.
The goods are useful and of hire demand because they are goods of necessity which human cannot do without. I sometimes give it on credit to my co-workers and other office workers therefore the mode of payment is very flexible.
I chose this type of business because it is most flexible for the clients to afford in terms of payment since they are easily located and can be paid by installment .
The typical cost of the goods are the purchasing cost and transportation cost. The business is very lucrative I must admit but just that I have no enough funds to invest and so should i get any support I believe I can even go to the main suppliers myself instead of buying from the distributors this will even enable me get more profit .
Loan Proposal
The loan will be use to buy suits a unit cost of suit is US$50 and Khaki US$15. Depending on the amount of money it would determining the number of pairs I would get. The profit would be recycled into the business to make more order . This would enable me to get more profit.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$375.00
Date disbursed
Jun 24, 2016
Repayment status
On Time
Projected term
10 months
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