Emergence

Oumarou

Bobo-dioulasso, Burkina Faso

100% repaid

Entrepreneur

Name

Oumarou

Member since

March 2015

On-time repayments

24 installments  •  75%

About Me

I am from a polygamous family of more than a dozen children with an aging father who could no longer meet the needs of the whole family. It is in this condition I make my first step to 'primary school. emulation, self-denial and the will to win have always lived me and made me one of the best in my class to university. Faced with the problem of unemployment in our skies, it was necessary to get rid of that mentality bureaucrat is what inspired me to create my own business and without false modesty I can be proud. I spend my free time playing football with my friends

My Business

I am in the grain trade. not an individual or a family spends a day without consuming 2 times cereals in our country (17 million inhabitants) is a product of high consumption. I pay $25 bag and resell at 30 dollars. I sell between 30 and 50 bags per month. I reinvested 50% of my profits, 25% are spared and the rest is used for personal expenses and that of my family

Loan Proposal

I intend to continue to supply me céréales.le bag but the market is worth $ 35, the resale price reached $ 42 .the sorghum is $ 52 resale price reached $ 63 .for what is local rice it is around $ 15, its price is $ 21 .the hope benefit is around $ 120 month.This which corresponds to an increase of about 7% .for prèt I intend to use this much for the leisure of my brothers in this period of vacancy and also help students not my family members in their activities

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About Me

I am from a polygamous family of more than a dozen children with an aging father who could no longer meet the need of all famille.c'est in this condition I make my first step to 'primary school. emulation, self-denial and the will to win have always lived me and made me one of the best in my class to university. Faced with the problem of unemployment in our skies, it was necessary to get rid of that mentality bureaucrat is what inspired me to create my own business and without false modesty I can be fier.je spend my free time football with my friends

My Business

I am in the grain trade. not an individual or a family spends a day without consuming 2 times cereals in our country (17 million inhabitants) is a product of high consommation.je pays the $ 25 bag and resells 30 dollars.je sells between 30 and 50 bags per month. I reinvested 50% of my profits.25% are spared and the rest is used for personal expenses and those of my family

Loan Proposal

Je compte continuer à m'approvisionner en céréales.le sac de mais sur le marché vaut 35$ ,le prix de revente atteint 42$.le sorgho vaut 52$ le prix de revente atteint 63$.pour ce qui est du riz local il avoisine 15$,son prix de vente vaut 21$.le bénéfice espere tourne autour de 120$ le mois.ce qui correspond à un accroissement d'environ 7%.pour ce prèt je compte utiliser une grande partie pour le loisir de mes frères en cette période de vacance et aider aussi les membres non élèves de ma famille dans leurs activités

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Loan Info

Project Type

Classic Loan

Disbursed amount

$269.00

Date disbursed

Aug 6, 2015

Repayment status

On Time

Projected term

6 months

Lenders

PG

Paul Graham

United States

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