To buy more clothes for sale
Richard Victor
Obuasi, Ghana
51% repaid
Entrepreneur
Name
Richard Victor
Member since
February 2014
On-time repayments
67 installments • 30%
About Me
my nane is richard victor Afoakwah, 38yrs of age. i belong to a family of 10. My mothers name is Constance and my late fathers name is Moses. Currently i stay in Obuasi (Gausu extention opposite coconut Grove Hotel) I started this business because of the passion for it and also as a means to make money. I use some of the profit to take care of my younger siblings and also contribute to my mothers’ welfare. I also reinvest part of the profit I have also started some saving some of the profit to rent a store in the near future.
My Business
i buy and sell secondhand clothen to cater for myself and my siblings. i really wont to expand and grow my business and with your help i believe i can buy more clothes to sell. i have alot of passion for merchadise.
My name is Richard victor afoakwah .am into sales of imported used clothen that are imported from abroad. The demand for it is high because it is affordable. Most Ghanaians prefer this to the locally made once because of its price competitive advantage. I buy usually buy in small quantity and sell.
I have been doing this for the past 3 years. My motivation for selling used clothen is for the low and less privileged to be able to afford clothen for themselves at reasonably low price. The demand for used clothen is high. Indeed am able to make average dialy sales of 25.00 Ghana cedis a day totaling 125.00 Ghana cedis a week, whilst total expenses a week is 45 Ghana cedis.My source of income to to repay the loan will come from income realized from sales. i believe that with your suport iwill be able to grow my busines to meet the increasing demand
Loan Proposal
With the help of zidisha loan i can buy more clothes to meet my ever increasing customer demand.thereby expanding and growing my business. Indeed the loan will be used to puchase more clothen for sale. With this loan injection my daily sales will increase. Profits from sales will be reinvested into the business, i will also be able to meet my family needs as well as contribute my widows might to Adulam orphanage school in my community. As you click to lend a helping hand you are dirrectly receiving Gods blessing
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$141.00
Date disbursed
Mar 4, 2014
Repayment status
Late
Projected term
16 months
Lenders
South Africa
Summary
Amount repaid
$81.00
Amount remaining
$77.67
Expected completion
Jul 8, 2015
Status
Repaying late
Installment amount
$2.00
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 12, 2014 | $4.67 | Mar 12, 2014 | $4.67 |
| Mar 19, 2014 | $4.67 | Mar 19, 2014 | $4.67 |
| Mar 26, 2014 | $4.67 | Mar 19, 2014 | $0.33 |
| Mar 26, 2014 | $4.33 | ||
| Apr 2, 2014 | $4.67 | Mar 26, 2014 | $1.00 |
| Apr 2, 2014 | $3.67 | ||
| Apr 9, 2014 | $4.67 | Apr 2, 2014 | $1.33 |
| Apr 8, 2014 | $3.33 | ||
| Apr 16, 2014 | $4.67 | Apr 8, 2014 | $0.67 |
| Apr 16, 2014 | $4.00 | ||
| Apr 23, 2014 | $4.67 | Apr 16, 2014 | $0.67 |
| Apr 23, 2014 | $4.00 | ||
| Apr 30, 2014 | $4.67 | Apr 23, 2014 | $0.67 |
| Apr 30, 2014 | $4.00 | ||
| May 7, 2014 | $4.67 | Apr 30, 2014 | $0.67 |
| May 15, 2014 | $4.00 | ||
| May 14, 2014 | $0.00 | ||
| May 21, 2014 | $0.00 | ||
| May 28, 2014 | $0.00 | ||
| Jun 4, 2014 | $2.00 | May 15, 2014 | $1.33 |
| Jun 4, 2014 | $0.67 | ||
| Jun 11, 2014 | $2.00 | Jun 4, 2014 | $1.33 |
| Jun 12, 2014 | $0.67 | ||
| Jun 18, 2014 | $2.00 | Jun 12, 2014 | $2.00 |
| Jun 25, 2014 | $2.00 | Jun 12, 2014 | $0.67 |
| Jul 3, 2014 | $1.33 | ||
| Jul 2, 2014 | $2.00 | Jul 3, 2014 | $2.00 |
| Jul 9, 2014 | $2.00 | Jul 10, 2014 | $2.00 |
| Jul 16, 2014 | $2.00 | Jul 10, 2014 | $1.33 |
| Jul 11, 2014 | $0.67 | ||
| Jul 23, 2014 | $2.00 | Jul 11, 2014 | $1.67 |
| Jul 29, 2014 | $0.33 | ||
| Jul 30, 2014 | $2.00 | Jul 29, 2014 | $2.00 |
| Aug 6, 2014 | $2.00 | Jul 29, 2014 | $1.33 |
| Oct 8, 2014 | $0.67 | ||
| Aug 13, 2014 | $2.00 | Oct 8, 2014 | $2.00 |
| Aug 20, 2014 | $2.00 | Oct 8, 2014 | $2.00 |
| Aug 27, 2014 | $2.00 | Oct 8, 2014 | $2.00 |
| Sep 3, 2014 | $2.00 | Oct 8, 2014 | $2.00 |
| Sep 10, 2014 | $2.00 | Oct 8, 2014 | $1.33 |
| Nov 15, 2014 | $0.67 | ||
| Sep 17, 2014 | $2.00 | Nov 15, 2014 | $2.00 |
| Sep 24, 2014 | $2.00 | Nov 15, 2014 | $1.33 |
| Feb 2, 2015 | $0.67 | ||
| Oct 1, 2014 | $2.00 | Feb 2, 2015 | $2.00 |
| Oct 8, 2014 | $2.00 | Feb 2, 2015 | $1.00 |
| Jun 30, 2022 | $1.00 | ||
| Oct 15, 2014 | $2.00 | Jun 30, 2022 | $1.00 |
| Oct 22, 2014 | $2.00 | ||
| Oct 29, 2014 | $2.00 | ||
| Nov 4, 2014 | $2.00 | ||
| Nov 11, 2014 | $2.00 | ||
| Nov 18, 2014 | $2.00 | ||
| Nov 25, 2014 | $2.00 | ||
| Dec 2, 2014 | $2.00 | ||
| Dec 9, 2014 | $2.00 | ||
| Dec 16, 2014 | $2.00 | ||
| Dec 23, 2014 | $2.00 | ||
| Dec 30, 2014 | $2.00 | ||
| Jan 6, 2015 | $2.00 | ||
| Jan 13, 2015 | $2.00 | ||
| Jan 20, 2015 | $2.00 | ||
| Jan 27, 2015 | $2.00 | ||
| Feb 3, 2015 | $2.00 | ||
| Feb 10, 2015 | $2.00 | ||
| Feb 17, 2015 | $2.00 | ||
| Feb 24, 2015 | $2.00 | ||
| Mar 3, 2015 | $2.00 | ||
| Mar 11, 2015 | $2.00 | ||
| Mar 18, 2015 | $2.00 | ||
| Mar 25, 2015 | $2.00 | ||
| Apr 1, 2015 | $2.00 | ||
| Apr 8, 2015 | $2.00 | ||
| Apr 15, 2015 | $2.00 | ||
| Apr 22, 2015 | $2.00 | ||
| Apr 29, 2015 | $2.00 | ||
| May 6, 2015 | $2.00 | ||
| May 13, 2015 | $2.00 | ||
| May 20, 2015 | $2.00 | ||
| May 27, 2015 | $2.00 | ||
| Jun 3, 2015 | $2.00 | ||
| Jun 10, 2015 | $2.00 | ||
| Jun 17, 2015 | $2.00 | ||
| Jun 24, 2015 | $2.00 | ||
| Jul 1, 2015 | $2.00 | ||
| Jul 8, 2015 | $2.67 | ||
Ask Richard Victor a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.