Name
Isaac
Member since
July 2018
On-time repayments
20 installments • 50%
Isaac Tawiah is my name. I hail from Badu in Brong Ahafo region of Ghana. I am 36 years old. I schooled at St. Paul's International in the Western region. My schooling was not easy in terms of fee paying because my parents are farmers and they did not have enough funds to pay my fees. But constant borrowing by parents help to finance my education to the tertiary.
With little income I gain from the work I do at Nsawkaw District Hospital, I started a little provision store.
The people in my community like buying and selling locally known as business. My children want to become entrepreneurs in future.
I used to like doing backyard gardening as my hobby.
I have in stock some assorted items like baby diapers and wipers, lactogen, toiletries, milk, milo, cooking oil, pepsodent,sadine, raid insecticide, cerelac, exercise books and pencils. These items are so useful because we cannot live without food and so these food items help in survival. Diapers and toiletries help us to be clean and tidy. I choose this business because of the high demand of these items since only one store is available and is not always opened. The profit generated is used to reinvest in the growing of the business.
I am going to buy one box of milk which is going to cost me $14.40. I have
very small of the milk in quantity and are not able to meet the high demand of my community and need additional stock to serve this demand there by expanding my business and in turn increase my profit. The expansion will also create job for those whose assist in sales.
.
I expect my profit to increase from Gh38 to Gh45 if this loan is granted.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$16.00
Date disbursed
Sep 5, 2018
Repayment status
On Time
Projected term
4 weeks
Other loans
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Margaret Dec 3, 2018
Reüel Dec 1, 2018
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