Loan to buy cylinder and standing fans

Richard Aduonu

Gomoa Pomadze, Ghana

100% repaid

Entrepreneur

Name

Richard Aduonu

Location

Gomoa Pomadze, Ghana

On-time repayments

11 weekly installments  •  64%

About Me

My name is Richard Aduonu, I come from Agona Abodom. I attended basis school at Assin Amoabin DC primary school and completed on the year 2006. afterward i furthur my education to senior high school and completed on the year 2009. When i completed i decided to start doing business small because i had no support to go to senior high school, so i started selling radios, torchlight, batteries, polish and many more. Through that i was able to raise shop from it and has been making money from it through saving some portion of the profit. Moreover where i stay there is a festival called Gomoa two weeks. This is normally celebrated two weeks after christmas, during that period many people from different places come there to watch and entertain themself. I will like to make some of my children to do business , some doctors,lawyers etc. I will like to end here with my letter.

My Business

I will like to discribe the business i do and how i will repay the loan. First of all i sell things like radios, standing fans, cylinder irons, extension boards and many more. so i will use the income i get or the profit to pay back the loan. The goods are sell are useful because it is something everybody need especially the students and the lecturers. My capital is about twelve thousand Ghana cedis. I use some part of the profit to invest in the business and feed on some and also use some to pay my house rent and my bills as well. I will like to end here with my letter and i hope my loan will be granted quickly. THANK YOU.

Loan Proposal

My name is Richard Aduonu I will like to use the loan to buy Cylinder to sell in my shop and also want to use the rest of the money to buy standing fans and sell them in my shop which will help me get more profit to pay the loan back. I will like to end my loan proposal here. Thanks you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$98.08

Date disbursed

Jun 28, 2021

Repayment status

On Time

Projected term

2 weeks

Cost to entrepreneur

Service fee: 5% of $98.08 = $4.66

Lenders

MarktheMormon

Sandy, Utah, United States

John Minges

United States

W

wisdom2080

Fullerton, United States

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