Asiedu
Berekum, Ghana
$0 to go
100% funded of $389 goal
0
days left
Name
Asiedu
Member since
January 2015
On-time repayments
55 installments • 44%
I am Asiedu Patrick from Berekum. I live in Berekum in the Brong Ahafo Region of Ghana. i stay at Nyame Nnae and can be located near Nyame Nnae hotel. I had my primary Education at St Augustine's R/C Boys. I have four siblings and happen to be the second born of my parents. I had my secondary school at Berekum Secondary School . I then further at St.Joseph's College of Education at Bechem. I teach at R/C St. Monica's JHS in Berekum Municipality. When i completed my secondary education, life was very hard for me because i was not able to get work to do.one day i meet a woman and she said was looking for a store boy to work with then i told her that i can do it.through the savings i made for the pay she paid me i was able to start my own business and the little profit from my store i was able to continuous my education into college of education .
The name of my business is Spoke Hair Shop. It is located at Berekum near the Golden City Park. The actual goods and services i provide are selling of hair like supper star, brazilian hair, royal human hair,natural human hair etc. The goods are useful because the women want to be look nice and beautiful and it is fast business in my area. The main motive behind me choosing this kind of business is that, the goods are highly demanded because the women always change their hair every week because they want to be very beautiful and attractive. If i invest let say $ 174 within a week i can get $80 profit because as soon as i bring the goods people come to buy. Even sometimes they pay before i go and bring the goods. My capital is small that is why i am pleading with you to help me expand my business with the loan.
Thanks to all my lenders for helping me with my loan. I will use $80 to buy supper star, another $90 for brazilian hair, I will also use another $75 to buy royal human hairs and also use $100 to buy natural human hairs .I want my shop to be more attractive for my customers so i want to bring in tiles to decorate the shop so i will use $300 to buy the tiles and workmanship This will create a lot of benefits to myself and others because i will employ a lot of people of which i will pay them, Also a lot of people will get goods they are in need to buy to prevent them from going out side berekum to buy. I will also get money to expand my business and also to feed my family. I also expect my profit to increase this time around 90 percent because it is getting to Christmas so a lot of ladies will be at my shop for their hairs, and this will help me raise money every week to pay my loan.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$389.00
Date disbursed
Nov 25, 2015
Repayment status
Late
Projected term
7 months
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