Loan to buy sugar, satchel water, etc., for my shop

Benewaa

Dormaa Ahenkro, Ghana

100% repaid

Entrepreneur

Name

Benewaa

Member since

December 2016

On-time repayments

33 installments  •  58%

About Me

Benee is what Im known but my real name is Benewaa Constance. My mum and dad all come from Dormaa Ahenkro. I'm therefore a typical Dormaa native. We are noted for by our famous football club title,ADUANA I went to primary school,continued to Junior High and finally ended my studies at the Training college's.I did not teach because in my country,the salary of teachers is nothing to write of. Teachers are among the worst paid. I started selling after Training college Education. I have therefore achieved something better out of my selling, this is because I'm not controlled in anyway. I take my time to sell bit by bit my items in my shop and carefully save some of my profits to reinvest into my business. I have every hope that I will be able make it through this business so that my children will benefit from the fruit of my labour.

My Business

I sell so many items in my shop. These are cooking oil,liquid soap, Omo soap,Bar soap, body creams,baby diapers, Fanta, painting brush,mosquito nets, nails,baby diapers, as well as Coca-Cola. Majority of my customers come from the nearby villages such as Kofiasua,Manteware,Nsuhia, Masu etc they mostly buy my items in bulk to retail in the respective areas of abode . Kwafie festival is the major occasion in my area and this is also another occasion that business activities move on more rapidly. I'm married with four children who are currently in school. Sales in a have been so encouraging because I have always been studying market situations the items that customers request is what I buy most. My daily sales ranges from GHS300 to GHS550. I began my business with a loan from the Ghana Commercial Bank Ltd,thank God I have fully settled everything I owed them.

Loan Proposal

I have several goods in my shop for sale. Some of which include: milk,Milo,baby diapers,soap,mag cubes,cooking oil,rice,that is perfume and local ones. I will buy six boxes $15, Milo $16 (four boxes) baby diapers $17 (ten boxes) $18 worth of soap, both bathing and washing soap, I will buy ten bags of rice both local and perfume or imported rice worth $19. I will surely get profit out of the above items to support my family. My shop will look more attractive to new customers for things I sell to move faster.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$92.00

Date disbursed

Jun 22, 2017

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

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