Manu
Berekum, Kyiribaa, Ghana
100% repaid
Name
Manu
Member since
October 2016
On-time repayments
38 installments • 89%
I started school at berekum in the brong ahafo region.I lost my first husband through car accident .I was having boutique and central market but due to a strong fire outbreak all my goods were burnt with other near by stores. I late on get a loan from a relative to established this business.we love and respect every person no matter of nationality and identity.I want my children to attained to tertiary level before I introduced them to business. I used to watching movies but now due to business I don't watch any more.
I provide drug thus pharmacy, because every now and then people buy drugs .business is very high because is something part of human .due to our weather conditions and our activities that we do .I decided to choose this because people often buy them every minutes and every seconds.the profit is very high always because people buy them every seconds and some doctor prescribe some for patients so they come there to buy them. I will use some of the profit to invest in my children education and some for inventory .because the purchase is high I have to get enough to meet my customers demands so to increase my profit .if demand is high profit is also high.
Knowing that the demand for first aid drug is high in our business,I will use the loan to purchase first aid drugs in addition to other drugs which cost 155 dollars.Being able to purchase this drugs in the chemical store will help my community by given them necessary drugs that they will need from me and by so doing my profit will also increase.Am expecting my profit to increase about 30%.
Positive
None
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$149.00
Date disbursed
May 2, 2017
Repayment status
On Time
Projected term
2 months
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Will Mar 17, 2018
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