Name
Kabatia Peter
Member since
January 2016
On-time repayments
40 installments • 100%
am kabatia peter hail techiman in brong ahafo region ghana. i went to techiman secondary school in the year 2004 to 2007. hence i started some small business by the year 2007. i then went to sunyani ploy by the year 2009 to 2012 which i offered HND marketing. after the completion i then use my knowledge i gathered in education to support my business. my children what to become future leaders in the society and responsible. i had two children one is six years old and the other is two years old. the first one is in stage three an the other one is in stage one .
i do sell provisions like milo, detergents, paste etc. each and every need food to survive. this goods are consumable goods my cot and revenue is about 1000 GHS. i used the the profit gain to pay my children school fees and part for reinvestment. this goods and services highly because, they consumable goods. i used the profit gain to reinvest in the business. my typical cost and revenue is about 1500 to 1600 GHS. I used part of my profit to pay my children school fees , pay electricity water bills.
am going to use this loan to expand my business in other to buy a varieties goods to serve my customers expertation that is milo, ideal milk,chocolim, richoco, maggi tablet, body spray, soft drinks, baby diapers, detergents etc. This will help me generate more profit which will help me to pay children school fees, electricity bills, water bills etc. i hope with this loan, my profit will raise from GH130 to GH190 every week.
Am going to put aside 15% of profit made within the day to pay the loan. That 15% will be accumulated for the week to pay
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$269.14
Date disbursed
Dec 20, 2020
Repayment status
On Time
Projected term
2 months
Cost to entrepreneur
Service fee: $19.50
Credit risk payment:
$27.35
Other loans
Gammalkil, Sweden
Luxembourg
United States
Germany
United States
United Kingdom
United States
United States
United States
Netherlands
Australia
World, Spain
Germany
Birmingham, AL, United States
United States
Ask Kabatia a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.