Inventory for my provision shop

Enock

Techiman, Ghana

100% repaid

Entrepreneur

Name

Enock

Member since

July 2017

On-time repayments

41 installments  •  68%

About Me

I completed my secondary education in 2015. Thus Akumfi Ameyaw SHS in Techiman.Due to financial challenges l could not further my education to the tertially level. I started selling recharge cards and it fetched me some income and l started my own business. The people in my area here are predominantly farmers. The land here is fertile for cultivation of vegetables like tomatoes , garden eggs ,pepper etc. The people here are very hospitable. I have two children who always tell me "daddy, we like to become teachers in future in order to help people get kwonledge in live issues. I like sharing life stories with my children.

My Business

I have a provision store of which l sell things like bisquittes ,sardine , sugar, rice, soap, bread, toothpaste, pomades , bows , cups etc. I chose to do this business because people in my community had to travel for many miles before to the next village before the can get the things l had mentioned earlier. This has helped the people and reduced the risk of them travelling to the town for the items they need.The cost involve in getting the items from town at times cost $200.After sales l make about $50 profit. I save my profit for my children education and home management.

Loan Proposal

I am going to use this loan to buy itemes into my provision shop.Two boxes of sardine$50 , Three boxes of pepsodent toothpast$70 , Four boxes of toilet roll$30 ,Two boxes of digestive bisqquites $20 , Two bags of rice$94 and transportation of these items$4. This will help me earn a living and to cater fo r my wards education. Also, it help the people in my community not to travel far distance before they get their basic needs so I bring it to their doorsteps.I expect to make a profit from $15 to $22 a week.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$250.00

Date disbursed

Dec 22, 2017

Repayment status

On Time

Projected term

7 months

Lenders

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