Loan to buy milk,rice, baby diaper etc

Daniel Abiaw

Enchi, Ghana

12% repaid

Entrepreneur

Name

Daniel Abiaw

Location

Enchi, Ghana

On-time repayments

41 weekly installments  •  27%

About Me

My name is Abiaw Daniel. I was born and trained in Enchi. I attended Catholic Primary and Junior High School from there went to Enchi training College. My initial plan was to go to university right away to have myself employed by the Government of the day but finance was a problem but there was this allowance paid to students who were then under training to become teachers so I took advantage of it and now I'm a teacher. Currently I teach in one of the villages near Enchi called Kramokrom. In order to make life a little better, I looked for a loan from the Ghana Commercial bank to establish a provision store. After school, I attend to my customers and that is assisting me with few house keeping money.

My Business

After training college, I taught for about five years and that qualified me to access a loan of GHS3,500. I began selling few items like milk, Milo,drinks of various kinds like Malt, Fanta, Sprite etc. I was gaining some profits so I extended my sales by building a store room. After that,I included the sale of Perfume rice,sugar and many others. This is exactly what I have added to my teaching profession to care for my family. Not withstanding, I do my job as a teacher very well. I made sure my lesson notes is well prepared, teaching learning materials are well organised. I have decided to employ a trustworthy person to man my store entirely for me whilst I visit there from time to time to take stock and check my accounts.

Loan Proposal

I wish to humbly request that lenders fund my loan application to stock my shop with few items to generate some profits to expand my business in my community.
Few items I will buy if my loan application is funded in time will include the following.
1. 25 bags of perfume Rice $13.6
2. 7 bundles of baby diapers $10.1
3. 15 bags of Sugar for baking bread $14.5
4. 20 boxes of washing soap $15.8
5. 10 boxes of bathing(perfume) soap $11.7
6. 16 packs of toilet rolls $6.7
7. Fifteen boxes of mosquito coils $14.2
8. 8 boxes of mosquito sprays $21.1
I hope my request would reach your kind consideration and approval. I wish to assure lenders that the above items could change my business life.
Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$258.66

Date disbursed

Apr 23, 2018

Repayment status

Late

Projected term

9 months

Cost to entrepreneur

Service fee: $9.32

Credit risk payment: $37.61

Lenders

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Umair Mahmood

Raleigh, United States

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JeanSmith

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M

m_dennis

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J

johnbireland

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T

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BJ

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Y

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P

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I

Ilona

St Catharines, Canada

A

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Sölvesborg, Sweden

N

NicolaG

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Bhayl

Stavanger, Norway

L

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Edmonton, Canada

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M

Morgue

Brighton, United Kingdom

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Barcelona, Spain, Sweden

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Geneva, Switzerland

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spivurno

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GMc50

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W

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S

Stephan

Netherlands

Haim Si

Mexico, Mexico

Arne Bachmann

Hamburg, Germany

UN

Uwe Neumann

Frankfurt Germany, Denmark

M

Marco

Bologna, Italy

Dave Bogard

New York, United States

G

GS

Germany

Paul

Seattle, United States

V

vincent

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IH

Ian Hearn

United States

A

Anonymous

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PZ

Phillip Zink

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JF

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Debbie Merritt

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A

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KR

Kathryn Roach

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Alex

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Paul Buchheit

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