Business expansion and store relocation

Collins

Winneba, Ghana

10% repaid

Entrepreneur

Name

Collins

Member since

October 2020

On-time repayments

32 installments  •  63%

About Me

Collins Abban is my name, am fair in complexion.27 years of age and 1.64(m) tall. I leave at Agona Abodom but I currently stay at Gomoa pomade near Winneba.I competed Agona Abodom presby school and I continued my senior high school at cape coast technical institute in the central region of Ghana.because of the hardship in our family my parent are now staying at Assin Amoabin which they are doing small farm work
like tomatoes,okro garden eggs.

My Business

I learn electricl engineer at cape coast technical institute the time i finish school unfortnatly i did not get any one to show me the practicals part. and also things are not easy at that time for me so i go to market place to carry things in order to get some money to buy food to eat. God so good a friend of my give me a little amount so i start selling radio,torch light,shoe polish,tooth paste,brush,which i go for it and sell it at the road side so I save money and i open electrical store and start selling electrical and home appliances such as blenders,kettle,gas cooker,electric cooker,bulbs, socket,switches,extension boards and many more. this business is a nice business. thank you.

Loan Proposal

I want to buy more goods to stock it so that I can sell for a while before going to market again and also expand my business. And also our government has enforce every one in the country to wear noise mask so I want to order more noise mask to sell in order to get money to make a new structure to arrange my goods on it.

Income Source

many people face risk in their business in this season so what I will do is I will save at a trusted and a reliable bank so incase I face any risk I will be able to get money to pay back the money to the lenders, thank you.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$359.00

Date disbursed

Apr 6, 2021

Repayment status

Late

Projected term

2 months

Lenders

AltruisticSelfishnes

Chicago, United States

Hope2012

United Kingdom

Tavin

Ottawa, Canada

Sundstroms

Falun, Sweden

Ingela

Falun, Sweden

A

AndrewC

London, United Kingdom

Freewolf

Salt Lake City, United States

G

GoughGirl

Washington, Dc, United States

B

beckynagel

United States

M

Marko

Helsinki, Finland

utdream

United States

PolarBearCapital

United States

M

mbarbier

United States

Kate Courteau

United States

Kevin

San Francisco, United States

Rory McLaughlin

Dallas, United States

A

Aaron

United States

Mike

Indianapolis, United States

Paul Buchheit

Mountain View, United States

Jane

Ontario, Canada

Joakim

Son, Norway

afaness

Germany

A

Alex

United States

B

BRB

Australia

GA

Gabe Arnold

United States

A

Anonymous

United States

Chris

Zurich, Switzerland

Darren Jeppson

Denver, Colorado, United States

H

Haley

United States

RD

Roel De Meester

Antwerpen, Belgium

LM

Lee Montecucco

Washington State, United States

AM

Andy Marston

United Kingdom

E

EJOBIV

United States

petter

Finland

FP

Fred Pratt

United States

Richard Paulin

Sydney, Australia

Brian Thomson

Lyndoch, South Australia, Australia

CJ

Chloe Jensen

United States

Nick Studenski

Minneapolis, United States

Ryan Agnew

Australia

J

Netherlands

DO

Denis Ontiveros

Guildford, United Kingdom

B

Ben

United States

BR

Brian Rickman

United States

We Not Me

St. Paul, Minnesota, United States

R

RM

Australia

GA

Gal Ashuach

רעננה, Israel

LT

Lisa Taylor

California, United States

EA

Eric Ayers

Atlanta, United States

Dao Nguyen

austin, United States

alexalexalex

Berlin, Germany

A

Anna

United States

RB

Randee Bowder

United States

RS

Ralph Smyth

United Kingdom

GF

Gammon Family

United States

SS

Sean Sullivan

Austin, TX, United States

NB

Nikolaus Bührer

Karlsruhe, Germany

Angela Chu

Toronto, Canada

M

MaggieK

United States

RD

Regan Dishon

United States

JP

Brazil

Tom Purser

Cambridge, United Kingdom

KV

Kelly Vinsant

United States

Z

Zak

United States

J

John

Minneapolis, United States

AR

Arjun Ram

United States

A

Annge

United States

JB

Juan Busco

United States

AN

Alex N

Australia

David Hopkins

United States

E

Eduardo

Paraguay

A

Anonymous

United States

R

Ru

New York, United States

V

Vic

Finland

MC

Mike Cormack

Vancouver, Canada

Black and White Zebra

Vancouver, Canada

WL

Whitney Levis

United States

Ask Collins a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Richard    Aug 22, 2021

    I contacted the references because I could not reach member.
    I informed the reference to talk with member to log in , adjust and make payment.

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  • Emmanuel    Jun 22, 2021

    I call Collins Abban and he said he will come and paid the loan he is sorry for this

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  • Justice    May 3, 2021

    He said he will pay back the loan soon and that he was robbed on the shop that's why the delay.

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  • Collins    Apr 19, 2021

    Due of economic crisis some thieves has come and robbery my shop so I have now get money from account to take now goods for my shop.

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  • Collins    Apr 5, 2021

    Thanks to you all my lenders and am going to use it to buy more products to expand my shop.

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  • Collins    Mar 31, 2021

    Thanks my lenders,the loan help me a lot at first I can't get more goods to sell,but now I have get more goods to sell so it has increase my weekly profit.

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  • Collins    Mar 18, 2021

    Thanks I the loan to purchased goods like standing fan,electric iron,noise mask and many more.the funds has made a lot of differences in my life at first I go to Accra three times a week to buy my goods but now I have purchase more product so I go to Accra ones a week and more over am able to raised funds to help my father to complete his building.

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  • Collins    Feb 23, 2021

    Thanks to all my lenders I have received 1115 GHS after deducations I will use it to buy more goods to expand my business and also I will used some to buy noise mask to sell.thank you all ones again.

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  • Collins    Feb 12, 2021

    Thanks to you all of my lenders,am going to use the money to expand my business and it will help me very well thanks to you all ones again.

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  • Mary    Feb 7, 2021

    I am glad you are helping your family with your business Collins!

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  • Collins    Feb 3, 2021

    I used the loan to buy more goods into my shop to expand my business and also I used same of the income to open a new small shop for my junior and it is helping me a lot.

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  • Collins    Feb 3, 2021

    I used the loan to buy more goods into my shop in other to get more goods so that if any customer come to my shop he or she will get whatever they want.
    The loan has help me a lot because I have get more and different kind of goods in my shop and also it has reduce the number of times I go to market to buy goods.
    More over I have benefit a lot with the loan because I have use the income to open a new small store for my Junior brother which is helping him a lot.

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  • Collins    Jan 11, 2021

    I used the loan to buy more goods into my shop in other to get more goods so that if any customer come to my shop he or she will get whatever they want.
    The loan has help me a lot because I have get more and different kind of goods in my shop and also it has reduce the number of times I go to market to buy goods.
    More over I have benefit a lot with the loan because I have use the income to rent my room also buy school uniform,books and shoe for my Junior brother.

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  • Collins    Dec 28, 2020

    I have recieve GHS 730 and am going to used it to buy Bluetooth speakers,laptop speakers,and many more,thank you for search a wonderful help.

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  • Collins    Dec 27, 2020

    Thank you my lenders,I am going to use this money to buy difference's kinds of product which am not having some in my store like game pad, mp3 speakers, laptops speakers,fan regulators and many more than you.

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  • Collins    Dec 25, 2020

    Thank you my lenders ones again,at first am not able to get all what my customers needs but with the help you are helping me I have get more goods to serve my customers .

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  • Collins    Nov 30, 2020

    I use the loan to buy goods like extension board,iron,fans and it helping me a lot. It has help me to get money yo help my Junior brother to also start some small business.

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  • Collins    Nov 29, 2020

    I received 391 cedis after deduction and am going to use it to buy goods like extension boards,electric iron,fans and many more.
    Thank you my lenders for helping me in this way.

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  • Collins    Nov 22, 2020

    Thank you my lenders and am going to use this money to more goods like cylinder regulator,bulbs,lamp holders and many more.thank you ones again

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  • Collins    Nov 12, 2020

    Thank you my lenders,rigth now I can feel better.I buy different kinds of goods with the money so my costumers get what they want in my shop and business is going on smoothly.

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