Loan to increase inventory for my provisions shop
Grace
Techiman, Ghana
100% repaid
Entrepreneur
Name
Grace
Member since
February 2016
On-time repayments
47 installments • 81%
About Me
My name is Grace Adubea. I am 25 years of age. I come from Techiman in the Brong Ahafo region of Ghana, where I live currently. I belong to a family of five. my parents, two siblings and myself. I manage a provision shop for a living. The food I like best is fried potato with palava sauce and I hike as a hobby.
I am a Senior High School leaver and business minded.
My Business
I manage a provision shop as a profession. My shop is located in Techiman near the chief's palace, in the Brong Ahafo region of Ghana.
After working with one of my aunties to run her provision shop in Accra, I made a saving of GHS1500 from my wages and started my own shop in Amantin. I started managing the shop alone and later after six months I employed two workers to help run the shop.
On every Friday which is a market day in Techiman, we convey some of our items to the market square and we usually make about five times the sales we make on ordinary days.
It is my major priority to meet the demands of my customers as well as enlarge my shop.
Loan Proposal
My dear lenders i want a loan of $200.00 to expand my provision store.If this loan is given to me i will use it to purchase the following items
tin fish, tin tomatoes, canned milk, sachets of rice and bags of gari.
There has been an increased demand for these items but when I obtain the loan, I will be able to purchase enough of these items and it will cause my income to increase by at least 35% weekly.Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Mar 2, 2016
Repayment status
On Time
Projected term
18 months
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