Food items for my supermarket

Michael Owusu

Berekum, Ghana

Funds disbursed

$0 to go

100% funded of $277 goal

0

days left

Entrepreneur

Name

Michael Owusu

Location

Berekum, Ghana

On-time repayments

71 weekly installments  •  11%

About Me

My name is Michael Owusu. I come from Berekum in the Brong Ahafo Region. I started my basic school at Presby Basic School in Berekum. I furthered my education from there to Berekum Methodist High School. My parents are farmers by profession.

I am the general owner of Owusu’s supermarket. I chose this kind of business because my place or area is very good in that business, and that place was where I was brought up. Because my place is a new site and people travel to Berekum for daily goods, if I am being given $100 in a week I can get $40 to $50 profit a week. The loan will also help me to expand my business and also employ more people.

My Business

Owusu’s Supermarket Shop is the name of my provision store. I started this supermarket shop in my area because there are a lot of people in that area and they will be needing these daily items and food for living.

Since I started this business, I can see that people are always at my shop purchasing. The main products are rice, sugar, milk, Lipton, and soft drinks, and workers rush to my shop daily for these products. Also products like soap powders and detergents are sold in my shop.

The main motive behind me choosing this business was that everyone will need these items in everyday life. If I invest, for example, $100, within a week I can get $40 profit, because as soon as I bring the goods community people come in and purchase them. My business capital is small and I need money to purchase most of the products in order to attract more customers as far as the community population is concerned. The profit will also be used in reinvesting.

Loan Proposal

If I am lucky enough to get this loan, I will purchase different types of food items such as sugar, milk, soap, fruit juice, and cooking oil. This will cost me about $150 USD. With this, I am expecting my profit to increase by 50 % per month. I will save my profit with the balance of the loan to expand my shop. Thank you.

Show original English  

About Me

my name is Michael Owusu. I come from Berekum in the Brong Ahafo Region. I started my basic school at Presby basic School in Berekum. I furthered my education from there to Berekum methodist high school. My parents are farmers by profession. I am the general owner of Owusu’s supermarket. I chose this kind of business because my place or area is very good in that business and that place was were I was brought up. Because my place is a new site and people travel to Berekum for daily goods. If am being given $100 in a week I can get $40 to $50 profit a week. The loan will also help me to expand my business and also employ more people.

My Business

Owusu’s supermarket shop is the name of my provision store. I started this supermarket shop in my area because there a lot of people in that area and they will be needing these daily items and food for living. Since I started this business, I can see that people are always at my shop purchasing. The main products are rice, sugar,milk, Lipton and soft drinks which workers rush to my shop daily for these products. Also products like, soap, soap powders and detergents are sold in my shop. The main motive behind me choosing this business was that, everyone will need this in everyday life. If I invest let say $ 100 within a week I can get $40 profit because as soon as I bring the goods community people come in and purchase them. My business capital is small and I need money to purchase most of the products in order to attract more customers as far as the community population is concerned. The profit will also be used in reinvesting

Loan Proposal

If I am lucky to have this loan I will purchase different types of food items such as sugar, milk, soap, fruit juice, and cooking oil. this will cost me about $ 150 . With this I am expecting my profit to increase by 50 % per month. I will save my profit with the balance of the loan to expand my shop. Thank you.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$277.25

Date disbursed

Jan 14, 2016

Repayment status

Late

Projected term

13 months

Cost to entrepreneur

Service fee: $13.75

Lenders

cyrus0302

San Francisco, United States

D

drjofleming

UK, United Kingdom

A

andyfletcher

I want my "My loans" page back, Qatar

F

Fiodal

Helsinki, Finland

T

treyh

San Diego, CA, United States

C

cjmenchaca

Austin, United States

B

blahblah

Nuernberg, Germany

beverly

Vancouver, Canada

J

jjonas

berlin, Germany

indeh

London, United Kingdom

rasmus

Bern, Switzerland

D

Divergent

Bethesda, United States

Erica

Caledon, Canada

B

bopsquod

Seattle, Wa, United States

kickerofelves

Sao Paulo, Brazil

W

wordelsue

MIDWEST, United States

Cloudways

Malta, Malta

R

rpmccarthy

Sydney, Australia

B

bugsheep

Houston, United States

B

BClay

Campbell, United States

ads68

Melbourne, Australia

R

Rking

Eugene, United States

basicus

Cairo, Egypt

Maxey

Amstelveen, Netherlands

fairspirit

Utrecht, Netherlands

Westbye

Førde, Norway

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

B

Bokolo

Leeds, United Kingdom

S

Spelbreker

Zwijnaarde, Belgium

S

seikatsu

Palo Alto, CA, United States

xtrahardware

Cazenovia, United States

B

bwitt

Berkeley, United States

C

Clben7

Cincinnati, United States

dlpringle

Denver, United States

M

mrjamesg

London, United Kingdom

pvilliger

Zurich, Switzerland

C

chrishol

United States

mepster

San Francisco, Ca, United States

C

Crainster

Chapel Hill, United States

A

andreab

United States

Gab

Singapore

Dave Bogard

New York, United States

MW

Matt Willis

United States

W

Wade

United States

jtreyes

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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