Expand clothing business

Agyemang

Sefwi Juaboso, Ghana

100% repaid

Entrepreneur

Name

Agyemang

Member since

January 2018

On-time repayments

27 installments  •  63%

About Me

My name is Joseph Obimpeh Agyemang. I'm 22 year old gentleman.
I started my basic education at Dadieso in the Western region of Ghana and furthered to the senior high school at Sefwi Juaboso. I completed a senior high school in 2016, General Science studies.
Life was not easy for me throughout my educational career as I was in charge of most of the expenses in school. My hobbies are watching football, listening to news and reading.

My Business

I got employed as a shop keeper in shop which sells mattresses, foams, pillows, bedspreads and others. I have gained insights this business and wish to establish my own business: the demand of this kind of items is high.
I choose this business because I'm a kind of expert on these items, I have gained a lot of experience in this business.
I intend using the profit to expand the business and save some money to enable me further my education.

Loan Proposal

I would like to seek for this loan to expand my clothing business. About 45 dollars will help expand the business for now. 20 dollars will be used to buy pillow cases, 10 dollars for pillows 25 dollars for blankets. Securing this loan will help me get enough profit and that will make me save more for my education. This will in the end help me reduce the burden fro my parents when i start my tertiary education this year. Expanding the business at this time will help me sustain the business even if I am out for school. I am expecting about 10 % profit. Part of this profit will be saved and part will be used to pay the loan.

Counting on your usual assistance.

Show original English  

About Me

Agyemang Obimpeh Joseph is my name. A 22 year old gentleman. I started my basic education at Dadieso in the Western region of Ghana. and furthered to the senior high school at Sefwi Juaboso. I completed a senior high school in 2016 which I offered General Science. Life was not easy for me throughout my educational career as I was in charge of most of the expenses in school. Watching football, listening to news and reading are my hobbies.

My Business

I got employed as a shop keeper in shop which buy cocoa beans. I have gained insights the this business and wish to establish my own because of the high demand of the items. I choose the business because of the patronage of the items and the experience I have gained this business. I intend using the profit to expand the business and save some to enable me further my education.

Loan Proposal

I would like to seek for this loan to expand my clothing business. About 45 dollars will help expand the business for now. 20 dollars will be used to buy pillow cases, 10 dollars for pillows 25 dollars for blankets. Securing this loan will help me get enough profit and that will make me save more for my education. This will in the end help me reduce the burden fro my parents when i start my tertiary education this year. Expanding the business at this time will help me sustain the business even if I am out for school. I am expecting about 10 % profit. Part of this profit will be saved and part will be used to pay the loan.

Counting on your usual assistance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$40.00

Date disbursed

May 10, 2018

Repayment status

On Time

Projected term

3 weeks

Lenders

A

Anonymous

United States

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