Capital

Edward Acquah

Accra, Ghana

100% repaid

Entrepreneur

Name

Edward Acquah

Member since

February 2020

On-time repayments

89 installments  •  52%

About Me

Hi, I am 29 years of age , completed Accra Technical University three years ago and it has been my dream to establish my own business, so I started selling(yeast , baking powder , bedspread and producing my other products(liquid soap, disinfectant and bleach) using my Dad business to sell,but I now want to expend it and do others ,so I am applying for capital loan to top up my business.

My Business

Is a buy and sell business that I always have to have Money ready to buy my goods at any affordable price given, when business is good I make about 2000 in a month.and because is not every I get orders for the what I produces my income is not fixed in a week or month.

Loan Proposal

Yes,the world is facing crisis and we are selling out of it, I want to buy more products since demand is now very high and is also good for me too.

Income Source

Yes , as I said bakers are still in operation ,so now demand on bakery products are very high, Ghana is partially lock down but we the distributors are allowed to operate since are we produce essential goods.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$372.96

Date disbursed

Apr 9, 2020

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: $25.32

Credit risk payment: $33.05

Optional expediting fee: $25.32

Lenders

Paul Buchheit

Mountain View, United States

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