Loan to buy additional products to meet high patronage
Ronald
Berekum, Ghana
100% repaid
Entrepreneur
Name
Ronald
Member since
July 2017
On-time repayments
52 installments • 96%
About Me
My name is Kyere Ronald Yaw from Bechem in the brong ahafo region.I am twenty four years of age. I have completed senior high school last two years. I am in a family of five. My parents, two brothers and I.
Am the second daughter of my parents. The food l like best is fufu and okro soup. I like playing football. This is because playing football gives me strength.
My Business
When I completed senior high school, I opted into selling of provisions. This was because there was nobody around to help me since I lost my parents. I started with a capital of two hundred dollars. I used that amount to buy products such as :toffees, biscuits, mineral water, mineral drinks, soap, sugar, Milo, coffee, bread and many more.
Within a shortest possible time, I got a profit of one twenty dollars. I used some of the profit to cater for my junior brother who is in school. I decided to help him to school since i couldnt continued mine. I bought different items to feed my store.
I also use some to help to support my family.
Loan Proposal
I thank all lenders for their support during my second loan. In fact those loans have helped me a lot. I was able to use some of the profit to finance my two children school fees. Also,used some to cater for my parents. I am still have a profit of $105 as my profit.
Here,creation of provision store attract more customers. In view of that I want to expand or feed my store with more and different kind of products. I am here to raise some additional loan to add it to my profit so that I can go in for more products in order to meet the high patronage.
Here are some of the items I may need;
Ten boxes of biscuit ($30),
Two packet of Milo($25).
Five sacket of toffees ($10).
A bag of sugar($30).
Two bags of gari($15).
Two packet of exercise books($15)
Twenty boxes of pen and pencil($10)
HOW TO DO REPAYMENT.
I car repay the money from my sale without any difficulties.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$235.00
Date disbursed
Oct 10, 2017
Repayment status
On Time
Projected term
8 weeks
Other loans
Lenders
United States
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