Entrepreneur
Name
Ronald
Member since
July 2017
On-time repayments
52 installments • 96%
About Me
My name is Kyere Ronald Yaw from Bechem in the brong ahafo region.I am twenty four years of age. I have completed senior high school last two years. I am in a family of five. My parents, two brothers and I.
Am the second daughter of my parents. The food l like best is fufu and okro soup. I like playing football. This is because playing football gives me strength.
My Business
When I completed senior high school, I opted into selling of provisions. This was because there was nobody around to help me since I lost my parents. I started with a capital of two hundred dollars. I used that amount to buy products such as :toffees, biscuits, mineral water, mineral drinks, soap, sugar, Milo, coffee, bread and many more.
Within a shortest possible time, I got a profit of one twenty dollars. I used some of the profit to cater for my junior brother who is in school. I decided to help him to school since i couldnt continued mine. I bought different items to feed my store.
I also use some to help to support my family.
Loan Proposal
I first of all thank all my lenders for their great support as far as my last loan is concerned. The loan I was given, it has helped me a lot .I have manage to get some huge profit from it.
I have used some of the profit to help two of my family members education.
My work is very lucrative. A lot of people patronage my products here. Because of that I want to buy more products to feed my store for this Christmas.
These are some of the items I want to buy.:five bags of gari($48), six bags of sugar($120),hundred boxes of biscuit ($50),twenty sackets of toffee ($15),ten tin of Milo (56),five sackets of balloon($20) and many more items.
If am able to buy these products,I hope will be in a better profit .I believe my profit margin will increase from the hundred plus to two hundred plus.
I will be in a good position to repay the amount from my sales.
THANK YOU.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$494.00
Date disbursed
Dec 28, 2017
Repayment status
On Time
Projected term
10 months
Other loans
Ask Ronald a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.