Loan to buy rice, diapers, etc.

Brew

Enchi, Ghana

Funds disbursed

$0 to go

100% funded of $197 goal

0

days left

Entrepreneur

Name

Brew

Member since

January 2018

On-time repayments

24 installments  •  75%

About Me

Vicky is what I'm popularly called by friends. I obtained all my Basic and Junior High training in Enchi a School bearing the name, Wisdom Preparatory School. I continued to Nana BRENTU Secondary Technical School where my course was Agricultural Science. I passed well and furthered my course at the University. I was fully trained as a teacher and I was posted back to teach in my formal School. I have been able to raise some funds to open a shop which I sell many items and the profit I realize from my sakes are what I use to complement my salary to take care of my family.

My Business

padlocks,cooking oil,tin tomatoes,bags of perfume rice, nonalcoholic drinks such ad Fanta,Coca-cola, Sprite just to mention few are the primary items in my shop. When I started teaching and having business ideas in mind,I started saving and in about eight(8)months I managed to raise GHS6,500 at the Ghana Commercial Bank Ltd. I requested for a loan and the bank offered me Ghs4000. In sum, I had about Ghs10,000 to start with. I built a container store and stocked it with the remaining amount. I have kept this business close to nine years now. I have three children and married to a well-known cocoa farmer called Bright Appiagyei.

Loan Proposal

I wish to apply for the nest level of loan to enable me increase the stock of items in my shop. Below will be the very items I will purchase if my loan is funded and paid.
1. Fifteen bags of rice $25.8
2. Ten packets of biscuits $14.4
3. Eight boxes of baby diapers $15.2
4. Six packets of tin tomatoes $13.2
5. Ten bags of sugar (Baking sugar) $15.2
6. Four boxes of washing soap $12.9
The listed items above will increase my stock and I hope to raise some profits out of these sales.

Feedback

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None

1

  • David    Jun 10, 2020

    There were no payments from July 2018 to June 2020, when I finally gave up and transferred the loan to the Zidisha Members Loan Fund.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$197.00

Date disbursed

Jul 5, 2018

Repayment status

Late

Projected term

6 weeks

Lenders

Tom Eggert

Madison, United States

David

Canada

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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