Loan for the sale of foodstuffs

Gladys Ofori

Tema, Ghana

0% repaid

Entrepreneur

Name

Gladys Ofori

Location

Tema, Ghana

On-time repayments

1 weekly installment  •  0%

About Me

Gladys Ofori is my name from the Tema in the Greater Accra region of Ghana. I am married with three children and they wish to become Doctors in future. I am a christian by faith and the leader of the women fellowship in my church. Because of financial difficulties I couldn't further my education to the tertiary level after my secondary education which prevented my dream of becoming a nurse.

My Business

I sell food stuffs at the Tema market. The food stuffs I sell are cassava, plantain and yam. This business is useful because it helps me get some income which I save towards my childrens' dream. I chose this type of business because people eat everyday and they really buy my products.

Loan Proposal

I will add the loan to my capital to buy cassava, plantain and yam for resale at the Tema market. This will help me get income to help sponsor my children's education and also help the suppliers I buy from generate income to support their family.

Income Source

The sale of food stuffs in a moving business and very difficult to run at loss but in case of any emergency I will repay with profit from my other business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$44.70

Date disbursed

May 19, 2021

Repayment status

Late

Projected term

1 week

Cost to entrepreneur

Service fee: 5% of $44.70 = $2.00

Credit risk payment: $7.49

Optional expediting fee: $4.16

Lenders

Urszula

United Kingdom

HH

Helen Horseman

United Kingdom

Babbitt Family Foundation

Sioux Falls, SD, United States

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