Loan to diversify the types of beverages that I sell

Spuwaiba

Tamale, Ghana

100% repaid

Entrepreneur

Name

Spuwaiba

Member since

June 2017

On-time repayments

38 installments  •  53%

About Me

I am a young person working in a refreshment bar. When I went to school, I graduated from the Bachelor of General Education. After this experience in school, the problem of employment arose. My parents are farmers in village not far from the city. I often went to help my parents in the fields during the holidays. I also made small daily labor contracts with other peasants. These activities allowed me to save money to support my parents to pay for my schooling. Now, I personally decided to come here in town to look for a job. In town I did several types of work. But the work that I liked very much was working in a refreshment bar where people came to drink drinks. I have been doing this job for three years and have decided to open my own refreshment bar with the savings of all this time. I am very happy in my work.

My Business

As I have already worked in a refreshment bar, this has allowed me to be professional in this field. I sell the drink to the customers but also food with various dishes. Since I opened my own refreshment bar, the number of customers continues to grow. This is due to the quality of my meals and the way I welcome customers. As it is the beginning, I have not yet an employee but I will hire someone to help me because I have many customers. I pay the rent 400GHS per month. After all expenses, I can make a profit of more than 300GHS per month. This gives me the opportunity to support my financially challenged parents.

Loan Proposal

Thank you for the trust you placed to me by financing my previous loans. I'm still asking you for your support in diversifying the types of beverages I sell. This will allow me to have even more profit to repay the loan on time. It was because of your support that I was able to pay for a new freezer. This is a wonderful thing. Thank you again, hopefully you will help me again.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$99.00

Date disbursed

Oct 17, 2017

Repayment status

On Time

Projected term

2 months

Lenders

J

jsbisa

New Orleans, Louisiana, United States

PG

Paul Graham

United States

JA

Joshua Axtell

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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