Inventory for my provision retail shop

James Diawuo

Berekum, Ghana

100% repaid

Entrepreneur

Name

James Diawuo

Location

Berekum, Ghana

On-time repayments

143 weekly installments  •  97%

About Me

My name is James Diawuo.I was born to mr. & Mrs Diawuo. They were basically farmers,i and have nothing to say when it comes to education and i have never step foot in school again. i was working for my uncle. I stopped that too and started retailing food.Ghana is a very nice place to live, it is unfortunate, the international media, which has a larger platform does not speak good about us, they always talk of the negative thing things, instead of seeing the good things here. we are very hospitable, kind, generous and well cultured. Most Ghanaians are very religious, the largest religion in Ghana is Christianity, we have the second largest been Moslem and others also being traditional

My Business

I sell daily consumables of food like tin tomatoes, rice, oil etc at a good position in Berekum. I have been selling this products for all the days of my life. i have a practical experience in doing this. The business is very good and i use to cater for my family with this business and my children are schooling with the help of this business. It is a good business and i never regret doing that business because people need it on daily basis. When i invest about $100, within a month, i can get a profit of about $60. i use the profit to cater for my wards at school and pay all my rent with the profit.

Loan Proposal

I will buy more stock of rice, tin tomatoes and oil when i get the loan. The business is very good and i get enough profits from this business since people need this products on daily basis, i have a lot of customers coming to me on daily basis. When i get this loan and build it over time, it will help me to rent a new apartment for my family and take my cousin who is willing to school but the help is not there. I will invest $40 for oil, 60$ for rice and $120 for tin tomatoes. I can repay when am given the loan. Because i get profit on daily basis. Thank you for reading and helping me.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$188.25

Date disbursed

Jul 13, 2015

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $9.50

Lenders

PG

Paul Graham

United States

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