Loan for my waakye business

Mercy

Accra, Ghana

100% repaid

Entrepreneur

Name

Mercy

Member since

March 2021

On-time repayments

7 installments  •  29%

About Me

Mercy Salifu is my name. I come form the Northern Region of Ghana. a member of zidisha, I am married with two kids. I am a secondary school drop out since my parents didn't have the financial muscles to help me complete. I am into the sell of hot meals, waakye to be precise at a school canteen. I have this business for quite a long time so I know the ups and downs of it. My elder son will like to be a dentist when he grows up whiles the younger one will like to be an accountant.

My Business

I am into selling of waakye at a school canteen, this business is helpful because it helps me generate income to support my family and also feed school children. I also deal in the selling of slippers. I incur a cost of GHS 900 and a revenue of GHS 1800.

Loan Proposal

I am into selling of waakye and I need this loan in addition to my capital to buy items like rice, Oil, waakye leaves and other food items to cook my waakye because schools has been opening and I need money to set a new joint at another school for my sister to sell on my behave. This loan will help me increase my capital and I will be able to make more profit to support my family and the needy of the needs arise.

Income Source

Selling of waakye is less risky and I can pay this loan on time. In case of risk I will pay back the loan from the profit I make from my slippers selling.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$62.00

Date disbursed

Mar 19, 2021

Repayment status

On Time

Projected term

1 week

Other loans

Lenders

Frank

Germany

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