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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Summary

Amount repaid

$296.71

Amount remaining

$0.00

Date repaid

Nov 4, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 25, 2018 $29.86 Aug 25, 2018 $29.86
Sep 1, 2018 $29.86 Sep 1, 2018 $29.86
Sep 8, 2018 $29.86 Sep 15, 2018 $29.86
Sep 15, 2018 $29.86 Sep 15, 2018 $29.86
Sep 22, 2018 $29.86 Sep 23, 2018 $29.86
Sep 29, 2018 $29.86 Oct 8, 2018 $29.86
Oct 6, 2018 $29.86 Oct 8, 2018 $29.86
Oct 13, 2018 $29.86 Nov 4, 2018 $29.86
Oct 20, 2018 $29.86 Nov 4, 2018 $29.86
Oct 27, 2018 $27.94 Nov 4, 2018 $27.94

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