Name
Asamoah
Member since
May 2015
On-time repayments
90 installments • 84%
Grew up in a small community of Sunyani called Tosuom Estate. Attended Baptize Primary and JHS and continued to Kumasi High School. Growing up was not easy but was determined to succed. Education isthe key to success and hence was very serious with my education. Along the line i had to break my studies to work in a retail store just to raise fund to further my education. Currently doing a professional course in Accounting and hoping to start my masters degree soon. My kids would love to be a professional accountant.
I sell Kente cloth .This is a hand made cloth used for all kind of occasions. Will need to get a small van which will be used for the distribution. Aside the kente i also sell African prints. Most government workers in Ghana prefer to wear the African prints on Fridays to work hence the demand is high.
This will enable my to be able to buy additional stock for distribution. The sale of clothing is such that the more you are able to buy and sell the more you get profit. with this amount I will be able to increase my stock and at the same time my profit margin will also increase. I intend reinvesting the profit back into the business.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$53.00
Date disbursed
Aug 14, 2015
Repayment status
On Time
Projected term
6 weeks
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