Loan to buy minerals to stock my shop

Adu

Dormaa Ahenkro, Ghana

100% repaid

Entrepreneur

Name

Adu

Member since

January 2017

On-time repayments

150 installments  •  23%

About Me

Nkyenkye has been my stay ever since I was born. I used to play football when I was young and I had the intention of developing it to its fullest but unfortunately I broke my leg when we were playing with one team in the neighborhood. I shifted my attention to selling of petty items to earn a living. I began the whole process by selling few toffees,biscuits, chewing gum and Hacks.I was doing this business first on a small table at the lorry pack and market was actually encouraging so I saved some of the profits I made out of my sales. I built a store out of this profits and now I have my own store made of metal to boast of. toffees, Now in my shop I have the sale of other items like perfume rice,baby diapers,milk,Milo,cooking oil,Sardines,sachem water and many others.

My Business

Milk, fruit juice, Fanta, malt, toilet roll, tissue paper,perfume rice, baby diapers, milk,tin tomatoes are some of the things I sell. I live in a municipality and the things I sell are more attractive to the people around. I considered these items because I know these are basic necessities in man's life. I buy these items from Suyani and retail them in my shop to earn a living .Dormaa Ahenkro is always busy when it is Tuesday. Many are those who come to market to buy and sell. This is a day that I use to have sales on the increase than any other day. I'm able to record sales between GHS250 to GHS350 a day. I normally buy more goods to fill my shop with the profits I make. In most cases,I pay my children's school fees and buy some clothes for the family. Guitar playing is my hobby.

Loan Proposal

With all the drinks I sell in my shop,each is equally important to my customers,some of which include Fanta, Coca-cola,malt,fruit drinks. I will buy Coca-cola(six crates )$25,seven crates of malt $23,ten boxes of fruits $25. I will also buy some biscuit $13 to match. I will buy five crates of energy drinks $15. Sprite is also at the corner. I will buy eight crates of sprite $16

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

May 26, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

Craig Travis Provyn

Bradenton, Florida, United States

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