Entrepreneur
Name
Grace
Member since
January 2019
On-time repayments
11 installments • 64%
About Me
I am Grace Boadu Ayeboafo, a young woman of thirty-one years of age. I am the tenth born of my parents and I started my education in Ashanti Region surburb called Boamang. I was a brilliant student but due to to financial constraints, I dropped out of school to help my mother who was a farmer but died in 2012. However, by God's grace I am a married woman with four kids who are of school age and are schooling.
My Business
My husband gave me capital to start food sales business to support him. Because of the low start capital, only small quantity of materials could be bought for the business. Business was started and as it stands now, I can estimate an increasing profit margin. To maximize profit and to introduce new varieties of foods, I need to increase capital. The profit will be used to financially support my husband in house keep.
Loan Proposal
The loan will be reimbursed into my food sale capital. This will enable me increase the quantities of vegetables and cups of rice that I buy to prepare my jollof rice for sale. In deed, this loan will help increase my profit margin to help relieve us of some financial burden especially in the day-to-day school activities of our kids. I would be grateful if I'm lend this support. Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Mar 11, 2019
Repayment status
On Time
Projected term
3 weeks
Other loans
Lenders
San Francisco, CA, United States
United Kingdom
Taiwan
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Ray Apr 1, 2019
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