8 installments • 75%
I am CLEMENT ATTA i was born in Kumasi in Ashanti region of Ghana a town called Sepaase. I am from a poor home and because of that i did not get the change to further my education when i completed J.H.S.I decide to work hard so that I can survive. Going through a lot of challenges In life i meet a friend name Mr. James Ohemeng who help me with a start up capital of Ghc500.00 which I invest this money into shoes selling. I saved the profit i make to hire room for my self and my other two brothers. i also used some of the profit to take care of my brothers by paying the school fees and providing food for them. As i stands now i have be able to grow my capital to Ghc2000.00.
I am into shoes selling and I depend on it to feed my self and my brothers. business was slow, but with the help of my friend I have been able to put good measures to sell my shoes and my profit has started increase than before. I have been able to also invest money in my new opened mobile money business.
I will buy home used shoes for sale and this loan will help me to increase my stock. I with the help of this loan I am expecting a profit increase of 22% this week.
I will be able to pay back the because school has opened and demand for shoes has increase and in case of risk i will pay bac the loan with the profit I make from my mobile money business.
Mar 15, 2021
Cost to entrepreneur
Service fee: $5.70
Credit risk payment: $14.94
Optional expediting fee: $11.39