Loan to buy fruits and vegetables for sale

Akos Adakpam

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Akos Adakpam

Location

Kumasi, Ghana

On-time repayments

8 weekly installments  •  50%

About Me

I am the only female child of my parents, born in Hohoe, Ghana, in the Volta region. I completed J.H.S. in 2011. Since my parents didn't have enough money, I was not able to attend S.H.S., which caused my goal of becoming a nurse not to materialise. Due to that, I started doing petty trading, selling fruits and vegetables. The uniqueness of where I live, from other places, is that we are very God-fearing [God-revering] and also we still hold onto our traditional values. I used to like reading and watching movies.

My Business

I sell fruits and vegetables. These goods are useful in the sense that people prepare food day in and day out, and also the fruits help people to get required nutrients into the body.

I incur a cost of GHS/GHC 1,000 in acquiring the stock and the means of transportation, and the revenue after selling the stock is GHS/GHC 1,500.

Loan Proposal

I sell fruits and vegetables for a living and this loan will help me buy more fruits and vegetables in other to serve my customers and make profit for a living. I am also expecting 20% increase in the money i will be investing this week.

Income Source

i will be able to pay back the loan since selling of fruit and vegetables are important food items customers normally buy because of their health and incase of risk i will pay back the loan from the profit i make from other business.

Show original English  

About Me

I AM THE ONLY FEMALE CHILD OF MY PARENTS BORN IN HOHOE IN THE VOLTA REGION. I COMPLETED JHS IN 2011. SINCE MY PARENTS WASN'T HAVING MONEY I WAS NOT ABLE TO ATTEND SHS WHICH MADE MY GOAL OF BECOMING A NURSE NOT TO MATERIALISE. DUE TO I STARTED A PETTY TRADE OF SELL FRUITS AND VEGETABLES. THE UNIQUENESS OF WHERE I LIVE FROM OTHER PLACES IS THAT WE ARE VERY GOD FEARING AND ALSO WE STILL HOLD UNTO OUR TRADITIONAL VALUES. I USED TO LIKE READING AND WATCHING MOVIES.

My Business

I SELL FRUITS AND VEGETABLES. THIS GOODS ARE USEFUL IN THE SENSE PEOPLE DO PREPARE FOOD DAY IN AND DAY OUT AND ALSO THE FRUITS HELP PEOPLE IN GETTING THE REQUIRED NUTRIENTS IN THE BODY. I INCURE A COST OF GHS1000 IN ACQUIRING THE STOCK AND THE MEANS OF TRANSPORTATION AND THE REVENUE AFTER SELLING THE STOCK IS GHS1500.

Loan Proposal

I sell fruits and vegetables for a living and this loan will help me buy more fruits and vegetables in other to serve my customers and make profit for a living. I am also expecting 20% increase in the money i will be investing this week.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$132.38

Date disbursed

Apr 7, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $5.82

Credit risk payment: $15.11

Optional expediting fee: $11.64

Lenders

B

bgalon

London, United Kingdom

S

seikatsu

Palo Alto, CA, United States

S

sarah4d2

Saint Louis, United States

smastermind

Jerusalem, Israel

K

Katka

St Albans, United Kingdom

CN

Craig Newmark

United States

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