Loan to buy additional stock

Angelina Akowuah

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Angelina Akowuah

Member since

May 2021

On-time repayments

26 installments  •  62%

About Me

Am Angelina a 43 year old woman with four kids. I have been running this shop for the past 5 years. A very hard worker with the aim of letting my children attain higher education.

My Business

My business is a retail shop inwhich I sell all kinds of provisions. The demand for the items in the shop is very high so profitability is also high. My profit has been adding about 40% to my capital every quarter of the year.

Loan Proposal

I will continue to use this loan to buy stock into my shop so that I can attain at least 90% of customer satisfaction and also increase my revenue as well as profit.

Income Source

my field of business is still on its toe even under this current economic climate and my profit alone can repay the loan and there will be a surplus to cater for the family.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$31.27

Date disbursed

Jun 9, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $1.01

Credit risk payment: $4.43

Lenders

John Minges

United States

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