Buy stock of bike spare parts for my shop

Alhassan

Yendi, Ghana

16% repaid

Entrepreneur

Name

Alhassan

Member since

October 2017

On-time repayments

29 installments  •  69%

About Me

The success of every soul depends largely on how your capabilities and potentials were nurtured.
Indeed, I grew up in a community where farming is a major occupation.At the age of 15, I put up a backyard which actually assisted me a lot. I used to cultivate garden eggs, green paper,tomatoes as well as water melon. In fact, the sale of proceeds helped me to further my education in terms of schools fees, purchase of books among others since my parents could not afford everything I requested for.
Upon completion of the Training college, I engaged myself in a full time commercial farming especially during the rainy season we experience in the northern part of Ghana. Our land is fertile for farming activities.My children shall be observe and train in their various interest areas in order that they can reach the highest level of their potentials in life. Farming is my hobby.

My Business

I am a professional teacher and a farmer as well. I also sell motor bikes like sanya, luojia,
haojue etc, We equally sell various spare parts of the motor parts. Motor bikes are the common and easier means of transit in the northern part of Ghana.Thus, the demand is very high. The profit margin ranges from 100-150 Ghana cedis. The profit obtained is normally used to reinvest in the business in order to grow it.

Loan Proposal

I want to use the loan to purchase new stock such as head light, bulbs , piston and rings, tool kit among others. These items will cost an amount of $300 in Ghana. The money will enable me to boast business transactions in order that I will be able to repay this loan on time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$203.00

Date disbursed

Apr 30, 2018

Repayment status

Late

Projected term

2 months

Lenders

V

Valis

Singapore, Singapore

S

Stephan

Netherlands

CN

Craig Newmark

United States

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