To open up my shop

Philip

Berekum, Ghana

50% repaid

Entrepreneur

Name

Philip

Member since

June 2015

On-time repayments

44 installments  •  55%

About Me

My name is Philip Quacoo. A Ghananian and I completed Junior and Senior high school all in Berekum. I am the second from a family of five. While in school and before going to the senior high, I assisted a friend who was into the sale of second hand clothes. The quality and the beautiful nature of his products got me really interested and as such I started picking from him and selling to some friends of mine and gradually began to take it serious. Through committed efforts and dedication, business started booming and I have not looked back ever since. For now all I do is the sale of these clothes to many workers because I deal basically on trousers and shirts.

My Business

I am located in Berekum roundabout. I deal in the sale of sewed and second hand trousers and shirts . I have a lot of styles and design which people love to see and buy every day and this is generating a good profit for me and as such I want to expand my business and expand to other parts of the market and beyond and to also serve as an avenue to employ others who have no work to do.
I promise to execute and respect the rules and regulation of this noble institution.
Thank you.

Loan Proposal

Thanks once again for the opportunity u made for me. Im applying for second loan because the first one was really of help as I was able to buy more stocks of clothes and materials. Now I'm doing well than my competitors as demand is on high due to my location.
Now my income has really increased and it has created new dimensions in my life as I'm applying for this loan I'll use it to make an iron container.because I'm not having a place to keep them. I put it in my cousin room which is not saved, so by the making of a container.this burden will be solved.
Thanks and I count on your usual cooperation.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$430.50

Date disbursed

Nov 4, 2015

Repayment status

Late

Projected term

8 months

Other loans

Lenders

Matt B

Stratford Upon Avon, United Kingdom

PG

Paul Graham

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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  • Philip    Aug 26, 2017

    Dear sir. Please can you please give me some loan for my work

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  • Philip    Nov 5, 2015

    Hello lenders. Thank you very much for helping me, now my shop will be nice from today going. Thank you once again, please lenders I two people which I believe them they want to join as, help me!

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  • Kripa Aryal    Oct 25, 2015

    Delayed disbursement due to technical issue with MTN website. We are trying to fix this issue asap.

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  • Philip    Oct 21, 2015

    I will bye second hand clothes for selling and will like to a big thanks to my lenders

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  • Philip    Sep 5, 2015

    Thanks lenders for using this platform to help us. Since I got this loan my life has really changed. I use the loan to buy more stocks of clothes. Due to this demand is on high due to my location and I'm doing well than my competitors now. My daily sales is now about $70 from $30. My income is really on high and paying of my repayment schedule wasn't much of a problem.

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  • Philip    Jul 4, 2015

    I'll use the money to buy clothes to sell in my shop. It will increase my earning and goods in my shop. Thank you so much for your loan.

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