Loan for rice and oil for resale

Evans

Dormaa Ahenkro, Ghana

Expired

$0 to go

100% funded of $272 goal

0

days left

Entrepreneur

Name

Evans

Member since

March 2017

On-time repayments

37 installments  •  95%

About Me

My name is Evans Appiah one of the three sons of Mr and Mrs Thomas Mensah in Dormaa Ahenkro. I graduated from University for Development Studies 2014 and completed National Service 2015.
Getting job became a big problem after my national service as I was tossed from one office to another. I then decided to start a provision store in our neighborhood through the little savings I made during my national service.

My Business

I own a provision store and sell most domestic needs like pure water, soaps, sanitary, rice, oil, etc. I am able to earn an average returns of GHS 150.0 a day. I have been reinvesting part of my income in my shop to help expand my business and also part of my profit is used to support my family.

Loan Proposal

I will buy rice and oil for resale at my provision shop as demand for these two products are high.

Budget

Amount. GHS. Dollar.
Rice. 840 181
Oil. 437 94
Total. 1277 275

Getting this money will help me purchase enough rice and oil for retail at my shop thereby, increasing my daily returns to an average of GHS 180.00 a day. I will be able to pay my junior sister's school fees and my mother's routine medical bills.

Feedback

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Loan Info

Project Type

Classic Loan

Amount requested

$272.39

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