Loan for inventory for home-supplies shop

Agyemang

Sefwi Juaboso, Ghana

20% 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

An amount of 65$ will be needed to purchase some inventory for my clothing business. About 10$ for pillows, 15$ for bed spreads, 20$ for blankets and 20$ for pillow cases.
This loan when fully funded to purchase the items listed above, will expand my business and increase my profit as well. This will help me to save for my education and pay for the loan. I expect about 10% increase in my profit.

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

An amount of 65$ will be needed to purchase some inventory for my clothing business. About 10$ for pillows, 15$ for bed spreads, 20$ for blankets and 20$ for pillow cases.
This loan when fully funded to purchase the items listed above, will expand my business and increase my profit as well. This will help me to save for my education and pay for the loan. I expect about 10% increase in my profit.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$60.00

Date disbursed

Jun 6, 2018

Repayment status

Late

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

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