To make a showcase for my sandals business
Michael
Akim Oda, Ghana
9% repaid
Entrepreneur
Name
Michael
Member since
November 2016
On-time repayments
126 installments • 23%
About Me
Michael Osei is my name and have been operating this business about 2years ago. I capitalize on this business after my past years in school when I normally connect to friends who could sold this same sandals in town. As in school I and making some little business I go for these sandals and sell them in school , make some profit and return the principal amount.
My Business
My income source is now deeply dependent on the shoes I received from a Togolese's supplier , sell them and later make the payments. It is on credit terms.
Base on the serene location I am being able to capitalise on the market. I am being able to sell and make about 60USD a day. And also looking forward to improve in my sales plan.
Loan Proposal
I will need to put up a nice showcase in order to house my shoes and sandals as a way of increasing visibility about my goods. I believe my lenders will help me with some 40USD to prepare that.
This fund is required to build a front stock in order to create a increase market and supplier base and hence improve sales.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$26.00
Date disbursed
May 2, 2017
Repayment status
Late
Projected term
24 months
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