Inventory of barrels

Abigail Effah Dedaa

Berekum, Ghana

100% repaid

Entrepreneur

Name

Abigail Effah Dedaa

Member since

December 2014

On-time repayments

212 installments  •  84%

About Me

My name is Abigail Effah Dedaa. I come from Berekum in the Brong Ahafo Region of Ghana. I am married with a daughter. I started basic school at Kwahu in the Eastern Region of Ghana. where i had elementary eduaction. Due to poverty in my family, i couldnt pursue my education again. I started doing business to cater for myself. i have been doing business since then to cater for myself and that earns me a living. Although am married, my daughter is my source of inspiration and joy.

My Business

I sell drums(barrels) which usually contain oil in large quantities. when they are used up,they are imported into Ghana after their use and they are used here for a large purposes depending the work the user is going to use for. The demand for the barrels is very high becuase it serves as the main storage facility for storing all kinds of liquid properties, example water and oil etc. The demand keeps rising as new customers are buying and old customers replacing their broken ones. I use the profit to feed myself and cater for my only daughter. I use part also to pay my bills.

Loan Proposal

I sell drums(barrels) at vantage point of Berekum. I have a lot of clients coming from the whole municipality to the municipal head of Berekum to buy the barrels from me. Is a fast moving business. I choose this business, because demand for the product is very high. When I get the loan, I shall be able to buy all types of barrels, as there are kinds and types, when I get the loan, it will facilitate me to buy all types and I will be able to serve all the customers who come there and does not get what they want. Due to the high demand, I can assure and confidently point out that, I can pay and I will repay the loan when the faithful lenders extend their mercies to me. It will go long way to improve my life, help me cater for my kid alongside. I thank you for the help. Thanks for passing through.

Feedback

4

None

2

  • Erin    Oct 1, 2020

    Unfortunately it has been more than a year and no payments have been made on this loan.

    Log in to reply • Share
  • Margaret    Jun 21, 2019

    Not a single payment was made towards this large loan and there has been no communication as to why.

    Log in to reply • Share
  • Will    Oct 8, 2017

    Abigail has continued paying on time and has even paid early when she is able to. I would be happy to lend to her again.

    Log in to reply • Share


Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$106.33

Date disbursed

Dec 17, 2014

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Lender interest: $106.33 at 6.00% annual rate over 1 month = $0.81

Service fee: $0.38

Lenders

S

stroll

Stockholm, Sweden

MindMuse

Talking Rock, United States

L

Lemon

Switzerland, Switzerland

C

cflint

Springville, United States

Universal1

Melbourne, Australia

W

wally

Torino, Italy

mole333

Brooklyn, United States

Family Mueller

Petershagen, Germany

Ask Abigail a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...