Entrepreneur
Name
Rachel
Member since
March 2017
On-time repayments
184 installments • 67%
About Me
l attended school at Prestea Goldfield International School in the western Region. l would go to farm in the morning before school. We planted groundnut in lines so I had to weed four lines before leaving for school. l sold dross used by the white ladies since l see it to be new and imported from abroad.
l realized I needed to set up a business so that if I am sacked from my employment, l will not be idle and have to begin to beg for food. My residence site was also a factor in the business l chose. The land is full of stones so without anything you have to crack stones. My dream is to build my business and know how to fish as life goes on, and to be set up for myself rather than working for other people. l love to sing, especially when am working.
My Business
I deal in hardware products: shovels, plywood, head pans to carry mixed cement. These days, a lot of people are building, so l realize the things people will use and they will buy more. The main expenses are on transportation of the products. The revenue, after l deduct all the costs l incurred on the products, is put back in the work of my business.
Loan Proposal
Thank youleanders l want to buy boxes of nails to sell in pounds and in boxes .since l started dealing in the sale of ply wood the demand for such items like the nail has increase .when am funded l will buy food boss of four inches nail which one will cost 40 GHS making 160GhS,three inches nail four boxes two and half nails four boxes at the Same cost 160GhS one half iche nail five boxes making 200GHS,and finally one iche nail four boxes as well 160GHS then l will buy the scale which will cost 90GHS.Apart from the work that l do l think l will get another source of profit and make my self busy during the weekends .where my shop is the place is Noe develop so it will help neighbors from going to far places to buy the items at the same price .More over l have employe some one to take of the place since am working so l have also been able to angage a youth to work.for new stock and high demand my profit from twenty percent will now increase to fifity percent because the nails will bring the demand for others ithrwms as well thank u all for such opportunity.
About Me
Introduce yourself to lenders.l attended school at Prestea Goldfield international school in the western Region where l go to farm in the morning before .we plant groundnut in lines so u have to weed four lines before leaving for school.l sold used dross by the white ladies since l see it to be new and imported from abroad.l realized to set a business so that when a sacked from my employement l will not be idle and begin to beg for food and my residence site was also a factor the business l chose .the land is full of stones so without any thing you crack stones.To build my business and know how to fish as life goes on and set up for them selves rather than working g for people.l love to sing especially when am working.
My Business
Hello to our good and innovative lenders thank you all for your support for funding my previous loan. The opportunity has come again for me to expand my business with the new loan that l will receive. The new site we located to was the source of my business identification. Most people are into building this days, l therefore saw the demand for hard ware that simple building materials like nails, builders square, paint and brushes, headpans,roofing nails,roofing sheet, plywood, all types of wood for roofing,flowing will be high..l chose the business because of the area and the high demand for those items. Where l spend much is on transportation since the area is new with rough roads and l gain more when they buy my nails in pounds rather than in boxes. I plough back the profit into the business as l use some to repay my loan on time and supporting the family when the needs arise. I hope my loan will be hundred percent funded. Thank you and counting on your usual cooperation.
Loan Proposal
Thank youleanders l want to buy boxes of nails to sell in pounds and in boxes .since l started dealing in the sale of ply wood the demand for such items like the nail has increase .when am funded l will buy food boss of four inches nail which one will cost 40 GHS making 160GhS,three inches nail four boxes two and half nails four boxes at the Same cost 160GhS one half iche nail five boxes making 200GHS,and finally one iche nail four boxes as well 160GHS then l will buy the scale which will cost 90GHS.Apart from the work that l do l think l will get another source of profit and make my self busy during the weekends .where my shop is the place is Noe develop so it will help neighbors from going to far places to buy the items at the same price .More over l have employe some one to take of the place since am working so l have also been able to angage a youth to work.for new stock and high demand my profit from twenty percent will now increase to fifity percent because the nails will bring the demand for others ithrwms as well thank u all for such opportunity.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$213.00
Date disbursed
Jun 9, 2017
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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