46 installments • 85%
My name is Sarah Djaba. 44 years old and a trader. I am a Ghanaian living in Tema, Greater Accra Region. I deal in assorted goods like food, drinks, toiletries, beverages and many others.
I need the loan to help me expand my business due to the fact that the demand for the goods is high and my capital is low to the demand.
I operate a retail grocery store with assorted goods like beverages, canned foods, diary foods, drinks, toiletries, bread and many others. It has been in existence for some years now and it is helping the community in which I live. It is a small scale retail store licensed, accredited, and also have met all necessary tax requirements to operate.
My business is about dealing in food items and other groceries. I am able to restock my shop every week from the sales I make but not enough. So when given the loan, I will use it to buy water and drinks.
It is true that many businesses are facing economic climate and down turn in sales activity. Ghana is no exception, but look at the business I do, I retail food items, drinks, water, beverages, etc. These items go faster because they are daily consumption goods. So I can repay my loan from the profit I make from sales every week when given the loan.
Mar 23, 2021
Cost to entrepreneur
Service fee: $1.14
Credit risk payment: $2.91