Entrepreneur
Name
Yaa
Member since
November 2014
On-time repayments
63 installments • 43%
About Me
My name is Yaa Buabeng. Am the second born in a family of six . l am from a from Kumasi in Ghana and live in Kasoa- Accra , capital of Ghana. My hobbies are dancing, reading and travelling
I grew up with six siblings and had to leave junior high school because my parents could not afford to pay for me to attend . l got marriega early stage . l have two children .one boy and one girl . l am now single. I tried to find job to take care of my children but despite my greatest efforts, l was unable to find a job . l remained unemployed, depending on my friends for food and money to feed my children. Later l decided to set up my own shop and my dream came to pass . l set this shop with the help from my friends.l established my own shop selling plate, pan and so on . This business help the people in my area a lot. Owning my business has enabled me to earn a stable income of around GHS 100 a day, which has changed my life and help me to send my children to school.
My Business
I run a small business shop which I run myself. l sell plates, pan and so on. I started this business when life became hard for me. No job and no money to send my children to school. I deal with selling plates and pan and so on. I have a very good customers who always buy from me
My business is profitable because I have so many customers so I sell more.I also have so many customers because my prices are normal. The risk of my business have been facing is lack of capital to expand my business and employ people so that l will solve the problem of employment in my area. Secondly my competitors . I am going to invest all the loan in the business s so that my profit and income will increase in order for me to send my children whom they have said they want to be a teacher and a nurse when they grow up.
I know very well l am going to pay back the loan because of the profit I make per day. I make at least , GHS 100 a day.
I will be paying the loan from the Profit I make . Samuel knows me well and trust me that is why when l said l need loan to explain my business he invited me.
Loan Proposal
I am in the business of selling pan, bowls, plate, spoons and so on.Now l have had so many customers stocking my small shop and meeting their demands .its proving difficult as the stock that l have is not able to cater for them.l am losing more customers to other retails so l will use the loan to add more stock to my shop.l want the lenders to give me loan so that l will be able to keep up in business. .l want to expand my business and add more plates,pan, spoons ,bowls to my shop. l urge the lenders to fund me so that l expand the business to cater for my children ‘s needs. thank you in advance
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Nov 25, 2014
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
Salt Lake City, United States
Mexico
Germany
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