To stock my business with clothes for resale

Tabiri Kofi

Berekum, Ghana

100% repaid

Entrepreneur

Name

Tabiri Kofi

Member since

July 2015

On-time repayments

46 installments  •  80%

About Me

I am Tabiri Kofi, the first born among the three children of my parents. I started my basic education at the Berekum Grace Preparatory and then furthered at the Sunyani Senior High School and then to the University of Cape Coast. At the University, I used to sell some clothes to students to raise money to pay my school fees and hostel fees. After school, I decided to use some of my income to open a clothing shop at my hometown. The people in my community are very hard working and respectful. Children in the community would always want to be Bank managers when they grow. I like watching and playing video games and also reading story books.

My Business

I sell clothes for both men and women at Berekum. These things are very demanding because every individual requires a dress to go to work. I started this business to generate enough funds to support my education and my brother's own too. Currently, one of my younger brothers is at the Senior High School. My cost for every week is around $200 and as at now, my revenue is $600. If I am given the loan, I will reinvest it in the business and use the profit to support my younger brother's education.

Loan Proposal

I will buy clothes with the loan when the loan is given to me. It will cost $240 to buy the clothes. As Christmas is drawing nearer, a lot of people are coming to me to buy clothes for the Christmas. The demand for clothes has increased in my community. Hence I have to meet their needs. This has required for an increase in capital to buy more clothes to sell in my community. People in my community will get clothes to buy from me for the Christmas. That is the first benefit when I am given the loan. The second benefit is there will be an increase in sales which will result in an increase in profit by 60%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$193.25

Date disbursed

Dec 1, 2015

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $4.94

Lenders

A

Anninymouse

Southampton, United Kingdom

investor

Candiac, Canada

J

johan

Oslo, Norway

P

Peter

München, Germany

torelizer

Reggio Emilia, Italy

M

MarkAndMary

Seattle, United States

T

tatts2000

melbourne, Australia

Veronika

victoria, Canada

malcolm D

grants pass, United States

D

drakekids

Greensboro, United States

S

Spassmacher

46244 Bottrop, Germany

J

jkats1988

New York, United States

W

Witlof

Tsukuba, Japan

BelleStarr

Albuquerque, United States

L

Lunatoon

Grants Pass, United States

E

Ehaffey

Washington D.C., United States

S

sebseb

The Hague, Netherlands

I

ideerge

Mountain View, United States

Tilius

Oslo, Norway

J

Jdoyle

Kitchener, Canada

boxer

Boynton Beach, United States

Tuomas

Helsinki, Finland

Straetman

Kaarst, Germany

Rocketdrive

Eugene, Oregon, United States

J

jozua

Delft, Netherlands

B

bizarresmom

Willowick, United States

bluetree

Mountain View, United States

L

louisela

Eugene, Oregon, United States

R

ryanalysis

Port Jefferson Station, United States

C

ComixAttic

Detroit, United States

R

rcmssr

Woodbury, United States

MichaelDean

San Jose, United States

G

giaco

madrid, Spain

Nathaniel

Copenhagen, Denmark

J

Jacquinta

London, United Kingdom

A

aliasadsj

Queens, NY, United States

T

ToddK

Indianapolis, IN, USA, United States

P

Purllyn

Dillon, United States

S

Steveandson

Arlington, United States

S

simranandtyler

London, Ontario, Canada

G

GLWall

Iowa, United States

DaveinPerth

Perth, Australia

K

kingmark1

Calgary, Canada

B

Buchbinder

Berlin, Germany

BJ

Brandon Joz

North Carolina, United States

J

John

Newbury Park, CA, United States

J

jgrauel

Zurich, Switzerland

N

nanning

Baltasound, United Kingdom

Jeff and Marcie

Portland, OR, United States

B

blahblah

Nuernberg, Germany

M

mrhanky1

melbourne, Australia

J

jjiffer

Seattle, United States

RockinRobin

Centennial CO, United States

R

Rossman

Poland, United States

D

danny

Karlsruhe, Germany

C

chasingtheskies

Palmdale, United States

M

matts

New York, United States

L

LiquidH

Elmhurst, United States

P

proby24

Singapore, Singapore

C

cmubiggguy

Chapin, SC, United States

simonvikstrom

Drottningholm, Sweden

T

tmsaddress

Orlando, Florida, United States

A

ArcticOne

Medicine Hat, Canada

B

Becks

Dubai, United Arab Emirates

cattlebaron

Pierre, SD, United States

C

CharlyM

KL, Malaysia

C

cyrilleberger

Gammalkil, Sweden

pbosakov

Sofia, Bulgaria

skoch

Oslo, Norway

dajawein

Gladstone, Australia

Elaine123

Philadelphia, United States

M

missjoyy

Munich, Germany

ads68

Melbourne, Australia

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

dlpringle

Denver, United States

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

johnhudson

Washington, DC, United States

TyWee

Manila, Philippines

TF

Timothy Fitz

United States

A

Andrei

United States

JC

Justin cohan

United States

ZS

Zach Silveira

Asheville, Nc, United States

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