Loan to buy agro chemicals for resale
Justice
Tepa, Ghana
$0 to go
100% funded of $44 goal
0
days left
Entrepreneur
Name
Justice
Member since
March 2021
On-time repayments
2 installments • 50%
About Me
I am Bangani Justice from Tepa in the Ashanti region of Ghana, I am a christian and have completed SHS but due to the death of my father I couldn't further my education to the tertiary level which hindered my goal of becoming a lawyer. I started working at a filling station after I completed SHS so I was able to save some amount of money which helped me start my own business. I am married with one kid and my child want to become a lawyer when he grows up.
My Business
I sell Agro chemicals in my shop at Tepa, these products are useful because Tepa is a farming community so agro chemicals are in a high demand. I chose this business because the people in my community used to go to Kumasi to buy agro chemicals so I decided to start that business that has really helped me and the people in my community. My cost of operation is GHS 5000 and my revenue is GHS 7700. I use my profit to sponsor my child education and also reinvest in my business.
Loan Proposal
i need this loan as additional capital to run my agro chemical business which will help me to increase my weekly sales at the end of each week.
Income Source
i will be able to pay back the loan and in case of risk i will pay back the loan with my profit i make from my other business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$44.00
Date disbursed
Apr 12, 2021
Repayment status
Late
Projected term
1 week
Other loans
Lenders
United States
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