Add more stock to my business and establish an annex

Agyeiwaa

Sunyani, Ghana

60% repaid

Entrepreneur

Name

Agyeiwaa

Member since

November 2016

On-time repayments

10 installments  •  60%

About Me

My name is Agyeiwaa Dorothy...I come from sunyani and I have been staying here ever since I was born.. I live with my Aunt over here..I attended my elementary school at Rapid preparatory school..due to early hardship, I quit the preparatory school and attended a government school called Roman Catholic school.. The reason was that,my Aunt can't afford my fees any more so as my parents who live in a cottage in the Western region... Called hiampeanika..I was able to complete the Junior high school with good grades but I couldn't further education due to hardship... I decided to do a little trading to be able to survive... I sold sachet water for more than two years... I got a little money and I gain a little support from my Aunt so I decided to sell provisions with the little support

My Business

I sell provisions like Gari,cowbell coffee milk,sugar and Milo... I also sell soft minerals like Sprite,Fanta,Coca-Cola and kalypo,,,the minerals helps in terms of weddings and funerals because they are used in serving visitors..they are used as refreshments in at least every gathering.. The provisions too are very important to daily life..they're use in every household..the demand of of the stocks is very high and the more people patronize them,the greater my profit increase.. I get some profit on them which I save some and use the rest to cater for my little sister's school fees

Loan Proposal

After I secure the loan,I will use it to bring in more stock to the business.. Is sometimesa disgrace when I am not able to satisfy my customers with what they desire to have...I sometimes have to take stocks of minerals from a competitors shop when quantity available in the shop could not satisfy the orders of my customers ..I loose a lot of profit from that ..I strongly believe that,I will increase my profit margin to 56% if I am able to get much inventory of minerals to my shop..when this mission is accomplished, it will pave way for me to establishe the Annex of the shop

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Nov 17, 2016

Repayment status

Late

Projected term

2 months

Lenders

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