Buying wires to wire my shop

Kofi Danquah

Abuakwa, Ghana

100% repaid

Entrepreneur

Name

Kofi Danquah

Member since

May 2021

On-time repayments

16 installments  •  38%

About Me

My name is Kofi Danquah a citizen of Ghana. I was able to completed Shs at Juaben Senior High school. I am married with two children. I work as a mineral (drinks) distributor in my community. I grew up from a strick home and I have been trained in such a way that I am very decipline in whatever I do. My first child wants to be a banker and the second wants to be an engineer.

My Business

I have a shop where I sell all kinds of mineral drinks to various restaurants in my community. I go to the production house to get these drinks on wholesale and stock them to sell to various restaurants an dfood retailers. When customers buys from me I get profit and this helps me to reinvest the money back into the business. With some additional funds I can grow this business to my expectation.

Loan Proposal

I am applying for this loan to help me wire my new shop so i can get electricity to work in my shop. Some customers who comes into my shop to buy drinks like it chilled and with electricity i would be able to store some drinks in my refrigerator to freeze it. this would enable me to make more sales at the end of the week.

Income Source

I would pay this loan from the sales i make from my stock of drinks. i can also pay this loan from my savings.

Feedback

1

None

None

  • Benvenuto    May 29, 2021

    Kofi was great to lend to. He paid ahead of schedule and is a good man.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$59.19

Date disbursed

May 29, 2021

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $2.03

Credit risk payment: $8.48

Optional expediting fee: $4.18

Lenders

B

BClay

Campbell, United States

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