Support for business in second-hand clothing

Godfred Aadaar

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Godfred Aadaar

Location

Kumasi, Ghana

On-time repayments

24 weekly installments  •  71%

About Me

My name is Godfred Aadaar. I am from Nandom in the Upper West Region. But I currently live in Kumasi in the Ashanti Region.
I have completed my Senior High School at Lawra and I am currently into the sales of secondhand and store wear

My Business

My business is a secondhand and store wear at Sokoban. I started this business for the past 3years when i quit my job which I was working as a hotel attendant.
I also deliver smocks which is one of Ghana's traditional wear to people who demand them.
I am planning of expanding my business into store collection where you can find both ladies and gentlemen wear. And also foot wear.

Loan Proposal

I will use the money to buy new clothing and footwear to stock my shop. I hope to also expand my business by renting a bigger apartment for my business. This will help me attract more customers.

Income Source

my business is in high demand. I have so many customers who call in to order for clothing and footwear despite the economic hardship. I will be able to raise money to repay my loan.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$137.54

Date disbursed

Apr 6, 2021

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: 5% of $137.54 = $6.33

Credit risk payment: $17.98

Lenders

ads68

Melbourne, Australia

Paul Buchheit

Mountain View, United States

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