Selling second-hand clothing

Ruth Abukari

Kogni, Ghana

100% repaid

Entrepreneur

Name

Ruth Abukari

Member since

January 2017

On-time repayments

112 installments  •  92%

About Me

I am a graduate of Tamale polytechnic, I pursued HND marketing.
I am sociable and open- hearted person who attaches seriousness to anything I do.
Married with two children, I am versatile and committed to meeting deadlines when it comes to business issues. I am an entrepreneur with the vision of growing my business. The business has help me to serve my community and they need not go to town to purchase clothing.

My Business

I started the business in November 2016 after applying round for job and could not get one.
After completing my National service in 2014 and not getting any already made job anywhere I decide to set up my own small business. So I started selling second hand clothing popularly known as “fosse” in Ghana and I sell ladies wigs and mesh popularly known by that name by ladies. I also sell detergents for home cleaning and disinfectants. But with the “fosse” I am into both adult and children’s clothing but with insufficient capital. I am located in a village called Kogni –Mile 9 near the Tamale international airport.

Loan Proposal

I will buy Milo, rice, oil worth $300 into the business. This will increase my profit by 20 percent. As a result of the festive season drawing nearer the demand for these products will soar. The profit will be plough back to the business and the remaining to cater for household expenses

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$296.71

Date disbursed

Aug 16, 2018

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $8.74

Credit risk payment: $26.33

Lenders

JimVandegriff

Trinidad, California, United States

TheMoonDuster

Brisbane, Australia

T

tophini

Alma, United States

P

Peter

Bratislava, Slovakia

Dan Brinkman

Lynden, WA, United States

Vratik Krocik

Prague, Czech Republic

A

Anonymous

United States

DY

David Yang

Vancouver, Canada

Jim Murray

United States

M

Malte

Switzerland

E

Euge

Argentina

Katie

New Zealand

Cambium Foundation

Kirkland, United States

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  • Ruth Abukari    Jun 4, 2019

    I made payment of Ghs 128 to the old account since last year December and the ten promised reversing the transaction back to my mtn account till now is not been done and is causing the default. Kindly correct it

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  • Janet Gyabea    May 16, 2019

    Ruth is currently facing some internet problem due to the fact that she has travelled to a remote area she finds it difficult to access the internet

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  • Ruth Abukari    Apr 15, 2019

    I want to thank the lenders for this opportunity to grow my business. I promise to invest the money in the business

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  • Ruth Abukari    Apr 9, 2019

    I purchased oil, rice, soap among others. the loan has really change my business and profit level. It has increased my revenue by 25 percent.

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  • Maggie and M    Mar 22, 2019

    Ruth, how are you going? you still have one repayment to make and then you will have completely cleared the loan and will be able to borrow again with a good credit rating.

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  • Ruth Abukari    Nov 29, 2018

    Thank you for helping me with this amount. It will increase my business

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  • Joost    Nov 28, 2018

    I hope that the remaining part of your loan will be funded soon. Good luck.

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  • Christine    Nov 28, 2018

    Good luck and many greetings from Germany

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  • Ruth Abukari    Nov 27, 2018

    The last loan I received has made my business improved tremendously. I hope they will help me again

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  • Felicia Asaase    Oct 30, 2018

    Ruth promised to complete loan payment very soon. Thank you

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  • Ruth Abukari    Aug 15, 2018

    Thank you lenders for the support. I will buy sugar, rice, oil to fill my store.

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  • Magdalena Kura    Aug 15, 2018

    Good luck with your business! I believe in you :-)

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  • Peter Waldie    Aug 14, 2018

    Best of luck Abukari!

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  • Ruth Abukari    Aug 9, 2018

    I will like to purchase additional stock. I want to buy sugar $300 Milo $250 ric $200. This line of business is has a very high turnover due to the ready use of it. My profit will be increased by 20 percent bad will support my family alot

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  • Ruth Abukari    Dec 12, 2017

    THANK YOU FOR THE MONEY. IT WILL HELP ME INCREASE MY STOCK

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  • KieranB    Dec 11, 2017

    Good luck in your project

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  • Ruth Abukari    Dec 9, 2017

    The loan really helped my business grow. I wish this loan will be funded for further expansion of my business

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  • Ruth Abukari    Jun 5, 2017

    I will buy additional stock. This will increase my profit to about 20 percent. I want to thank you so much for the funds

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  • Ruth Abukari    Jun 4, 2017

    I entreat lenders to support me again for this worthy course. The funds will increase my stock and profit.

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  • Ruth Abukari    May 7, 2017

    I want to thank lenders for the support given me to grow my business. My inventory has increase as well as my profit.

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