Entrepreneur
Name
Rene Gyimah
Member since
August 2015
On-time repayments
145 installments • 71%
About Me
I was born into a family of six and my childhood was filled with going to farm and trekking long journeys to school . I am a teacher after completing teaching college . Going to school was a hurdle as none of my siblings went to basic school. I had to fetch and sell during weekend and after school to survive with my school fees. The provisions started when I was posted to a village and it was hard getting milk and sugar to buy because I've to walk to another village for it. It was just a table top business but later saved and expanded to this level through prudent measures I put in place
I want my children to enjoy a childhood of happiness and have peace to pursue their education they can
I'd like this business to flourish into a bigger one where I would be a main distributor of provisions in my district one day. my hobbies are watching football and singing
My Business
I provide gari,sugar,bebe drink,milo,milk,salt,maggie cube,milk powder,toilet roll,pen,pencil,eraser,chalk,diapers,insecticides,sachet and mineral water, sharpener,toffees,blade,disposal razor,airtime credits and sardines. These are aome of the things i sell and when demand increases i may buy what is needed. Since my money i meagre i usually run out of stock and spend money to pay for transportation which all goes against the business.
Business is good here and revenue per week is about eighty Ghana cedis and the profit is reinvested. My business is in good standing since everything is written down. I use my profit to reinvest in my business
Loan Proposal
I will use the loan if granted me to purchase a freezer which cost $500 to sell water and drinks. I am now using a second hand freezer which needs repairs every few months. This increases my turnover because my electricity bills I pay makes the drinks business unprofitable for me.
When I am able to buy a new freezer, my bills will go down markedly and I can make profit. Drinks are really in high demand in our area as churches and schools are around.
My profit will move up to $30 dollars a week when I am able to buy it. I hope lenders in this community will help me get this amount very soon. Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$522.00
Date disbursed
Oct 3, 2017
Repayment status
On Time
Projected term
5 weeks
Lenders
[email protected], United States
London, Ontario, Canada
United States
Portland, United States
Fontvielle, Monaco, Yemen
South Africa
United States
Canada
United States
Amsterdam, Netherlands
United States
United States
United States
United States
United States
United States
United States
United Kingdom
United States
Milwaukee, Wisconsin, United States
Sweden
Germany
United States
United States
Netherlands
United States
United States
United Kingdom
United States
United States
Tanzania
United Kingdom
United States
United States
Germany
United States
United States
United States
Basel, Switzerland
New Zealand
Germany
Germany
Jake Gibson and Beverly Picardo
San Francisco, United States
United States
United States, Canada
United Kingdom
United States
Germany
Canada
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Summary
Amount repaid
$527.64
Amount remaining
$0.00
Date repaid
Nov 5, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Oct 15, 2017 | $104.60 | Oct 13, 2017 | $104.60 |
| Oct 22, 2017 | $104.60 | Oct 20, 2017 | $104.60 |
| Oct 29, 2017 | $104.60 | Oct 27, 2017 | $104.60 |
| Nov 5, 2017 | $106.92 | Nov 3, 2017 | $106.92 |
| Nov 12, 2017 | $106.92 | Nov 5, 2017 | $106.92 |
djkmoran Aug 1, 2017
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