Educational supplies for academic excellence

Lawrence

Wamfie, Ghana

100% repaid

Entrepreneur

Name

Lawrence

Member since

March 2018

On-time repayments

4 installments  •  100%

About Me

I was born in town call Kintampo in the Brong Ahafo region. I started school there and continued Junior high school at another town called Juaso till i reached Senior high school where my father who takes care of my education died. I decided to take care of myself to further my education so i used to get to book stores to borrow books and sell to my colleagues before getting some money. Now i teach in a Christian centre based institution in my current town where i started my own business by supplying teaching and learning materials and other school supplies to schools that need them. What is most unique about the culture where i live is that they show interest in what ever good you provide them. I am single an have no child. Playing football is my hobby

My Business

I supply teaching and learning materials and other school supplies to schools that need them. I again sell these products to individuals who need them. The products i sell provides academic benefits to students and financial benefits to me as well. My plan is to supply in bulk quantities since i could only supply the products at the entire cost of GHS500.00 and generates around GHS550.00 as my revenue. Part of the GHS50.00 profit i get from the revenue is used to save whiles the rest is part of my electricity bills.

Loan Proposal

I will buy educational supplies like Pens, Pencils, erasers, crayons etc and sell to schools. With my sales i will be able to generate more profit to pay the loan and open more opportunities for my business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Mar 24, 2018

Repayment status

On Time

Projected term

1 week

Lenders

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  • Lawrence    Mar 29, 2018

    The loan was used to purchase pens and erasers and sold in schools. I was able to generate about 30% of profit from sales i made.

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  • Carl Corvin    Mar 21, 2018

    Go girl!

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  • Lawrence    Mar 12, 2018

    All thanks to my lenders for granting me this loan. I am so much excited because it has helped me alot

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  • Lawrence    Mar 12, 2018

    The reason for the change is because i realized i would be able to generate that installment amount with the loan given to me

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