Entrepreneur
Name
Francis
Member since
August 2015
On-time repayments
126 installments • 99%
About Me
I was born in Berekum in the brong ahafo region money to start school was a problem but my mother engaged in small trading and that is what she used to look after us in school sometimes we have to go and sell before we can get money to school.we manage with that situation untill completion of school.I intend getting a business so that I can support my siblings and when there is extral income then I extend it to the community.there is poverty in my community and I wish to make inpact by touching the lifes of the poor ones.my children want to be doctors.they also wish to work to assist the society.
My Business
The name of the bussiness is Daany's cometics shop.
It deal with various comestics including spray, pomade and others.
These goods and services are so important in my area because in my community we havee schools around and students work long distance before going to buy such items from the market so I decided to bring it close to them.
I did checks in my community and got to know that this is the type of bussiness that will move for me
I started with 250ghs and within two years the capital has grow up to 1500ghs . The profit we get out from the bussiness is uesd for reinvestment use some to look after my sibblings and look after some few adopted poor peoples in my community.if am able to secure your loan and expand my bussiness I intend using some my income to establish NGO to assist the needy needy ones
Loan Proposal
If am granted the loan it will enable me to purhase more product into my shop.product such as shampoo of all kinds,various kinds of pomade,powders, soaps,diapers,pampers,different kinds of combs,different types of body spray ,and other product.this products if am able to acquire will enable me increase my profit margin by 30% the profit gain will be used to pay rent,utilities, some to pay my children school fees,and other needy peoples that I take care of.some of the profit will also be used to purhase more different items in the shop.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$239.00
Date disbursed
Oct 21, 2016
Repayment status
On Time
Projected term
16 months
Other loans
Lenders
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Margaret Nov 4, 2019
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