Entrepreneur
Name
Michael
Member since
April 2015
On-time repayments
255 installments • 40%
About Me
I was born on 17th June,1976 and today happen to be my birthday as l write about myself.l started life in my hometown with my parents and other siblings.I had my basic education from kindergaten ,went to primary then wrote common entrance to gain admission into secondary school for five years.After secondary school,l went to Teacher Training College taught for five years and furthered to University to have my first degree.l had a problem with my salary after university and how to make ends meet was a challenge.I had to do work in order to raise money to solve domestic problem.l came to start my own business when l saw the need to get some extra money to support my family.One unique thing about land is that,the place is fertile and good for agriculture.My children hope to be prominent persons to empower the needy.I take delight in reading and helping to carry out humanitarian services.
My Business
Am into distribution of and sale of holland yoghurt products to the general public.The products are beneficial to people because of health benefits of the product and energy derived .I chose this business because the products are in demand as it helps people to be healthy. l also want to buy products (yoghurt?to freeze the yoghurt and stock to distribute the products and market them.The cost of the products,rand revenue is as follow:
Total =$400
I will re-invest the profits to expand the business.
Loan Proposal
I have been in the sales of yoghurt for the past five years and had been my dream to expand the business and increase sales ,Having read about the benefits of yoghurts to children and adults ,l am requesting for this loan to get more stock and supply so as to enable me to increase sales .Holland yoghurt is rich and nutritious .It is affordable which is less than GHC1 for the general public so the demand keep increasing.IF l access this loan it will help me to expand the business, Thank you.
Income Source
l have the plan to use the money to purchase more yoghurts to sell. I also do distribution to other shop owners and sellers in the market .All these will help increase my sales and make profits to enable me pay back the loan,Thank you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$393.00
Date disbursed
Mar 18, 2021
Repayment status
Late
Projected term
7 months
Lenders
Germany
Beach City, United States
United States
Germany
Germany
Switzerland
United States
Colorado Springs, Colorado, United States
Portugal
Switzerland
Richmond, California, United States
Australia
Markham, Canada
United States
United States
Canada
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TP Nov 29, 2022
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