Loan for food retail business

Theresa Akorli

Accra, Ghana

100% repaid

Entrepreneur

Name

Theresa Akorli

Member since

February 2021

On-time repayments

15 installments  •  53%

About Me

my name is Theresa Akorli, i am from the Greater Accra Region of Ghana, i am married with four children, two boys and two girls. i am a trader in the madina market here in Accra, trading in food stuffs for the past 15 years, and i have about seven workers , working for me .life has not being easy at all as widow straggling to take good care of my children through education and some working now.i need money to put into my business . because of the covid , financial i am having challenges with my business before i was introduce to this community .

My Business

i am into trading , i am trading in food stuffs like , Rice , Beans , tomatoes, onion , gari , oil and many more.and i am located at the heart of the madina market where business is hot , but i am in need of money to buy some certain items i don't have in my shops so that i will maintain my customers for them to run away to another person.business is sweet when the items the buyer want from you you can produce it, but if you are unable to give them what they want next time they will not come. so i need a loan from this community to boot my trade.

Loan Proposal

i need a loan to boost my food retail business , i am a business woman trading in the madina market for the past 15 years now and i have five shops of mine that i operate with seven workers , i need a loan to be able to put my business in a good shape ,and i will not disappoint to repay back my loan.i understand that the more i repay back my loan , the more i gain more access to a bigger loan, which i will like to reach the highest limit.

Income Source

my business is into food stuff , with covid or no covid we eat daily to survive, so to repay back my loan will never be a problem because i have customer that buys from me daily and i also have my savings to take money from to repay back my loan or my family and friends can equally repay back for me if i should fail, but i promise never to fail, i will surely repay back because i need a bigger loan

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$62.28

Date disbursed

Feb 18, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $2.15

Credit risk payment: $5.82

Optional expediting fee: $4.43

Lenders

KD

Kent Don

United States

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Summary

Amount repaid

$62.28

Amount remaining

$0.00

Date repaid

Feb 26, 2021

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 26, 2021 $62.28 Feb 18, 2021 $0.18
Feb 26, 2021 $62.10

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