Loan to buy deep freezer for my store
Effahrichard
Berekum, Ghana
40% repaid
Entrepreneur
Name
Effahrichard
Member since
July 2014
On-time repayments
39 installments • 77%
About Me
I am Effah Richard, born on the 25th of December 1990 in Berekum in the Brong Ahafo region of Ghana.
I am the first child of my parents, Mr Joseph Donkor and Mrs Magarete Serwaa, I live with them in Berekum where I attended school at Dormaa Senior High. I am currently into food retail which enables me to earn good money to support myself and my parents.
My Business
I started this business because there is a high level of demand in my area. My customers prefer my provision store as it offers quality goods.
I am convinced I will be able to repay the loan as I am the only person selling some of the products in the area and especially with schools reopening soon I will be able to sell even more.
Loan Proposal
all this while my store is making much profits. it is therefore necessary to add other items like frozen foods to the stores. in other to do so i will need a deep freezer to help add the frozen items. the reason for adding the frozen items is that customers normally request for them. i therefore wish to satisfy my customers by adding the frozen items.also my survey showed out clear that addition of frozen items will increase my profit by 70% . i therefore plead n lender to help me this time to purchase the freezer.
About Me
MY STORY
I am Effah Richard, Born on the 25th of December 1990 at Berekum in the Brong Ahafo region of Ghana.I am the first child of my parents Mr.Joseph Donkor amd Mrs Magarete Serwaa. I live with my parent in Berekum. I attended school at Dormaa Senior High. I am currently into supper Market business which i am making alot of money to support my parents,
My Business
i started this business becuase it has hing level of demand in my area and the customers preferd my provision store and it has quality of goods in my store and i believe that i can pay the loan
and am the only person who sells some of the product in the area especially when school reopens and i have the confidence that when i get the loan i will buy new stuff into that and get more money so that i can pay my loan
Loan Proposal
all this while my store is making much profits. it is therefore necessary to add other items like frozen foods to the stores. in other to do so i will need a deep freezer to help add the frozen items. the reason for adding the frozen items is that customers normally request for them. i therefore wish to satisfy my customers by adding the frozen items.also my survey showed out clear that addition of frozen items will increase my profit by 70% . i therefore plead n lender to help me this time to purchase the freezer.
Feedback
Positive
4
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$342.00
Date disbursed
Jun 13, 2015
Repayment status
Late
Projected term
3 months
Other loans
Lenders
United States
Ask Effahrichard a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...