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 will use the loan to buy weedicide and pesticide for resale. This will help my business to grow and increase my profit, it will also help farmers in my community to get easy access to get weedicide and pesticide for their farming activities.
Income Source
Since I am in a farming community it hardly to run at a lost since the farmers will need my products day in and day out, but in case of any risk I will use profit from my other business to repay the loan.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$31.00
Date disbursed
Mar 30, 2021
Repayment status
On Time
Projected term
1 week
Other loans
Lenders
United States
Belgium
United States
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