Name
Beckham
Member since
December 2015
On-time repayments
250 installments • 7%
I am 25 years old and I was the first of my siblings to complete secondary school. My father had been the main provider for our family, but after his death, I opened my store. Right now I am paying the school fees for my younger sister and my wife is pregnant with our first child. In my free time I like to listen to the radio. But I've also been growing okra to sell.
My business is a grocery store located at my home. I sell things like biscuits, sweeties, drinks, vegetable seeds, salt, sugar, cooking oil, and notebooks. My store is located next to the primary school and the only store in the area so I have no competition selling to children during the school day. The store is also located next to the clinic, so many people have to buy notebooks from me as well. I use the profit I make to support my family, but I also am investing some of it into doing a poultry project.
I will use the money to buy Inventory for my Grocery. I will buy sweeties, biscuits, cooking oil, candles, vegetable seeds, sugar, salt, matches, and talk time. This loan will help me invest more of my profit in other projects I would like to start as well as helping me pay for my sister's school fees.
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Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Jan 13, 2016
Repayment status
On Time
Projected term
8 months
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