Loan to boost my home appliances enterprise

Linda Asaah

Prestea, Ghana

100% repaid

Entrepreneur

Name

Linda Asaah

Location

Prestea, Ghana

On-time repayments

144 weekly installments  •  38%

About Me

Linda Asaah is my name. I live in Prestea in the Western Region of Ghana. I completed Junior High School in 2003. In that same year my father who was the bread winner passed out. My mother who is the baker struggled to for me to complete my Senior High School. I completed SHS in 2007 and passed with flying colours. Looking at the struggle we were going through I decided to pause and venture into business. With the help of my mother and distributors I opened home appliances shop which became successful because there was none in town by then. Am yet to marry. I like reading and singing.

My Business

I deal in buying and selling of home appliances, like electric irons, ceiling fans, standing fan, kettles, rice cookers, fridges, television set, wardrobes. These items are in high demand because there is none around in town. The typical cost of doing this kind of business is around 5000$ so you can get assorted home appliances. I take most of my stock on credit because of the relationship with my distributors. Average profit is between 20$-30$ daily. Profit goes into upkeep of the home since my mother is old and not working now as well as reinvestment in the business.

Loan Proposal

This loan will be used to purchase fans, electric iron, blenders for my shop. After disbursement of this loan i will place orders for this item since they are in demand. All the items in demand will cost me $200. I will raise an average profit of $50.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$110.58

Date disbursed

Jan 25, 2017

Repayment status

On Time

Projected term

8 months

Cost to entrepreneur

Service fee: $3.78

Lenders

TG

The Gwarden

Göteborg, Sweden

Vanamo

Helsinki, Finland

artnking

College Place, United States

Kjartan

Oslo, Norway

E

ericcamden

Berkeley, United States

valliejc

Edmonton, Canada

D

danderson1953

Plainsboro, United States

P

Prysdahl

Marshall, United States

paulclinton

malaga, Spain

F

Forfex

Zurich, Switzerland

Hank

Göteborg, Sweden

C

cranejoad

cazenovia, United States

DavidHS

United Kingdom

Paul Buchheit

Mountain View, United States

K

kalei

Germany

mepster

San Francisco, Ca, United States

B

bscent

Hong Kong

M

Medagan

San Franciso, United States

reluck

Marseille, France, France

Nigel Titley

Milton Keynes, United Kingdom

TS

Taylor Shann

United States

UN

Uwe Neumann

Frankfurt Germany, Denmark

MW

Matt Willis

United States

Dean Cress

United States

NF

Nina Forsberg

Sweden, Greece

PG

Paul Graham

United States

N

Nick

Greater London, United Kingdom

terveer

Netherlands

AG

abel ghita

Bucharest, Romania, Italy

B

Bramlage

United States

UK

Uday Kolluri

New York, Singapore

P

Peter

Germany

Y

YTSJ

London, United Kingdom

Mr Chris Turner

Cambridge forever England, United Kingdom

I

isaac

United Kingdom

KK

karl kerksiek

United States

W

Wim

Netherlands

NM

Neil M

London, United Kingdom

Angela Linwood

Minneapolis, Minnesota, United States

I

ixeldog

atlanta, United States

GA

Giovanni and Yelena

New York, Ny, United States

K

KH

United Kingdom

E

Elle

New York, United States

J

jeananne

United States

Martin Kraus

Traiskirchen, Austria

Craig Newmark

United States

Angi

Germany

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

V

VJ

Canberra, Australia

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

S

SallyM

United States

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