Loan to increase inventory for my food provisions shop
Owusu
Atebubu, Ghana
100% repaid
Entrepreneur
Name
Owusu
Member since
February 2016
On-time repayments
49 installments • 80%
About Me
My name is Owusu Samuel a man from Amantin in the Brong Ahafo region of Ghana.I am 35 years of age. I started my basic school at Amantin R/Ct.I also went to senior high at Atebubu secondary school.After my senior high,i went to sunyani polytechnic and i offered marketing as a course. I am married with two children .My parents are Madam yaa Airaa and Mr Adu.I have two brothers .I am the first born of my parents .is my deam it to go high in the near future to make a living in other to that proper care of my kids by giving them better education.my favorite dish is waakye and stew and i like playing tennes, watching movies and swimming during my leisure time.i am also kind to every body
My Business
I started my business some years ago at Amantin after completing my education.I have my shop where i sell my provision.I sell provisions such as milk,,biscuit,bread,rice and all kinds of canned and bottle foods,etc.Is this my business i used in feeding my parents ,children and wife now.My profit keeps on increasing every week because i have a lot of customer who buy my products .I mange to get 60% profit every week and it helps me a lot to looks after my parents and also my younger brothers.Is my dream to expand my shop so that i will increase my profit margin by 30% so my dear lenders help me.
Loan Proposal
My dear lenders i wish to apply for a loan of $200.00 to expand my provision store.When this loan is given to me i will use it to expand my store by purchasing more products to fill my shop .I will purchase products like ,margarine,cheese,tin tomatoes,coned beef which will cost me $110.00 and rest of the money which is $90..00 will also be use to purchase,bottle drinks and sachet water.It is my dream to sell more products to my costumers and raised enough profits to look after my family .When this loan is given to me it will increase my profit margin by 30% , so my dear lenders help me and will repay my loan on time.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
10 months
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