Martin
Kumasi, Ghana
2% repaid
Name
Martin
Member since
March 2017
On-time repayments
134 installments • 23%
My name is Martin Korsah. I live in a village with my parents and i am the first of my parent's seven children. I went to S.d.a primary and jhs. I was a brilliant student and passed all my exams but because of lack of money on the part of my parents, i sat in the house for years before entering senior high school. A good samaritan paid for my admission fees. I started looking for part - time job to get my needs catered for and this made me to nurse the ambition of being an entrepreneur. I immediately got into selling footwears to my colleagues to raise money for my basic needs and personal expenses. I am very hardworking and an intelligent student entrepreneur who engages in the sales of slippers and footwears to colleague students and all other peoples within my catchment area. I provide these services at very cool and cheap/ affordable prices to my customers to raise revenue to offset the cost of my education.
I started the business with my small savings because i realised i could be a drop out from school if i do not start something on my own to cater for my expenses because my parents were not forthcoming with the needed financial support. I sell slippers/footwears to colleagues, course-mates and others who are in need of the products and my services. I provide these goods at cool and cheaper prices to my course-mates and because the prices are moderate all manner of people patronise them irrespective of their financial strength.Real entrepreneurs believe in self confidence and the this yields success.
I will use the the loan to procure more goods to resell and generate enough revenue to expand my business and also make sure i settle the loan on time. I need about 1000 dollars to procure these goods which will help me to make more revenue to keep my business running. The loan will help me to get money to pay my university tuition fees and accommodation. The loan will help me to maximise my weekly and daily profits and help to get more money to expand my business and grow it bigger.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$1,754.00
Date disbursed
Dec 19, 2017
Repayment status
Late
Projected term
25 months
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