Loan to buy additional products to meet high patronage
Victor
Berekum, Ghana
30% repaid
Entrepreneur
Name
Victor
Member since
June 2017
On-time repayments
113 installments • 24%
About Me
My name is Victor Ntim from Mampong Ashanti. Am twenty year of age. I have completed senior high school.I am in the family of six. My parents, three sisters and I. After completion, I entered into Provision store bussiness. I am now a business man with an estimated some of eight hundred dollars.
I am taking care of my two sisters in high school since my parents are two aged. I have married with one child.
My Business
I started my business when I was seventeen years old. I started the business after completion of senior high school. I started the business with a capital of hundred dollars.
I used that capital to buy these items :toffees, biscuits, sugar, rubber, etc.
I used the rest of the money to hire a container.
Intinially, business was not going well but later, things started going on well.
Now, I can boost of some profit of seven hundred dollars apart from the one I use to cater for the family.
My business is going on well for me. I have decided establish another one for my parents to run it.
Loan Proposal
The loan I was given has helped me a lot .I have been able to manage it and at the end of my repayment,I am having some profit in my possession. I have used some to cater for my parents and my children. In fact,the loan has helped me a lot.
LOAN PROPOSAL.
Now, I can say my area here has become a catchment area for so many consumers .In view of that I want to expand my business in order to meet all my customers demand all the time.
I am here to raise a loan to buy these products: Two bags of sugar($30),ten boxes of biscuit ($50),twenty boxes of toffees($20),rubber band($10),some kinds of oil($90),five bags of rice(60) .Also,since the Christmas is just around the corner,I want to renovate my store in order to make its appearance beautiful.
HOW TO REPAY.
I will pay back the loan from the sale of my daily products.
THANK YOU!
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Loan Info
Project Type
Classic Loan
Disbursed amount
$355.00
Date disbursed
Dec 6, 2017
Repayment status
Late
Projected term
16 months
Other loans
Lenders
United Kingdom
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