To support the payment of my younger brother's school fees

Tabiri

Berekum, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Tabiri

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

If I am given the loan, I will use a greater part of it to support my younger brother's school fees and invest the rest in my business so as to generate more to continue assisting him. The fees is around $120. I will then use $60 to support the fees and invest the $40 in the business to generate more profit for future use. This will help both of us as it will help me expand my business and also help him progress in his education. I will expect about 25% increase in my profit. Thank you for assisting my family.