Buying of onions in bulk at cheap price for selling

Dora

Berekum, Ghana

100% repaid

Entrepreneur

Name

Dora

Member since

March 2016

On-time repayments

47 installments  •  68%

About Me

I am named Dora Nyarko from Berekum in the Brong Ahafo region of Ghana. I am twenty five (25) years old, dark in complexion and about 1.3 meters tall. I am married to Mr. Agyei Kofi who is a teacher. We are blessed with a boy child who is 2 years old now.
After my basic school education, I lost my dear father who was the bread winner of the family and so could not continue my education since there is no one to cater for my education. Since I cannot live jobless, and I even have junior siblings to look for, I decided to enter into trading. So I am a trader now. I love my job and always go about it happily.

Repayment of loan.
I am going to pay this loan from the income I generate from my business. In fact business is good and therefore promise Lenders there is no problem as far as loan payment is concern. Thank you.

My Business

I am trader who sells onions. Onion selling is one of the lucrative businesses in my town, and also not many people are into it. Many of our farmers over here farm onion and during harvest sell it at affordable price. I took that opportunity to buy as many as I can, take my time to dry it well and sell it when it is scarce. At this time it attracts high price which increase my income. I supply onions to food vendors, some of the Senior High Schools and Colleges of education which is used in preparing their food. I always have buyers and that keeps my business growing everyday.

Loan Proposal

We are in the season in which the onions are cheap and if I am considered and given this loan, I am going to use it to purchase more onions for storage so that later I will be selling it when it is little scarce. Income from my business is also used to look after my mother who is now old and my junior sibling’s education. I am therefore pleading with all Lenders to help fund my loan. Thank you.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$300.00

Date disbursed

Mar 10, 2016

Repayment status

On Time

Projected term

6 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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

Loading...

Loading...

Loading...