Equipment

Daniel Sam

Takoradi, Ghana

100% repaid

Entrepreneur

Name

Daniel Sam

Member since

November 2020

On-time repayments

23 installments  •  70%

About Me

Sam Daniel is my name a a young business gentle man of age 24. I am also a high school graduate from Asankrangwa senior high school. Also serves as a child activist, that is fighting for the right of every child in my community and the wild at large. I also returns my profits I earn from my bussiness to equally support my junior siblings to become good and useful to Ghana and the world at large through education.

My Business

My business is all about food and beverages That is mostly, the selling of bread, peanuts and some covid-19 materials. This business has been existence almost 8years with customers from Ivory coast . Due to the nature of my business I sometimes even does exchange of CFA into cedis. Because of the Ivory coast customers . The source of my income mostly comes from the selling of bread, the peanuts, the face shield and some times in the exchange of the CFA into cedis.

Loan Proposal

As stated earlier own in describing by business I intend to use the money to invest in buying new good like the peanuts and the bread from my customers I usually buy goods from them so as to spearhead the affairs of my business .

Income Source

In reaction to this question I would not only use some of the money in the bread business but rather invest some of the money also in the buy and selling of peanuts and face mask and shield so as to increase the rate at which I will be paying the loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$22.33

Date disbursed

Dec 13, 2020

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: $0.76

Credit risk payment: $1.52

Lenders

John Minges

United States

Silke Lange

Oldenburg, Germany

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