Buying provisions for my shop

Peprah Prince

Sunyani, Ghana

100% repaid

Entrepreneur

Name

Peprah Prince

Location

Sunyani, Ghana

On-time repayments

117 weekly installments  •  86%

About Me

My name is Peprah Prince, 26 years of age. A hardworking and a very determined young man. I completed my basic education in 2008 went to the senior high school school for 4 years and completed in the year 2012. I'm currently working in my provision shop I opened few years ago. I am single and have not married yet. My parents were not rich but gave birth to 7 children of which I'm the 4th born. When I completed senior high school, my parents did not have money to cater for me in the tertiary institution that made join a sachet water company to work there. I worked there for some months and decided to start my own business.

My Business

The business I'm currently into is a provision store. This business is a shop opened for retailers. I go to buy some of the things I sell from whole sailors and come and sell them to my customers. I sell things like sardines, biscuits, tomato paste in tin, soaps, washing powder, Milo, milk, sachet water, bottle water and others. How I got this money to start this was the money I got from the sachet company when I was working there. I started this business with an amount of 100 Ghana cedis. Initially I use to collect some of my goods on credit then pay back after selling and still collecting some on credit.

Loan Proposal

This loan which has been requested will be used to buy buy provisions (Milo, Nido, biscuits, cornflakes, sardines, milk, and others) into my shop. This will save my customers from moving to a long distance to buy such items as it will also save time and energy. I expect my business to grow up 15% every month.

Feedback

4

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Loan Info

Project Type

Classic Loan

Disbursed amount

$311.45

Date disbursed

Jan 1, 2018

Repayment status

On Time

Projected term

13 months

Cost to entrepreneur

Service fee: 5% of $311.45 = $11.65

Lenders

C

cgrumboski

Atlanta, United States

C

chrisherron

Chicago, United States

ads68

Melbourne, Australia

R

roozbeh

United States

B

bugdaniel

Switzerland

V

vbud

United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

Peter R

Fulda, Germany

SteveFylde

United Kingdom

W

Wade

United States

Jorgen V

Mol, Belgium

Isabella

UK, United Kingdom

LD

Luã de Souza

Sydney, Brazil

K

Katka

St Albans, United Kingdom

VC

Victor Chong

United States

Paul Buchheit

Mountain View, United States

J

JB

Germany

Jim Murray

United States

Shervin

San Francisco, United States

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