Loan to buy nestle coffee,milo,sugar,rice etc into my shop

Kyeremeh

Dormaa Ahenkro, Ghana

100% repaid

Entrepreneur

Name

Kyeremeh

Member since

January 2017

On-time repayments

29 installments  •  90%

About Me

At age twelve,my parents saw in me that the future could be bright. My parents were traders whose business was about general goods. What I mean by general goods is that,they bought and sold everything.Things that customers would need is what they survey and buy in large quantities to be sold to their customers,.Each time I close from school I will go to their shop and assist them in selling They owned a provision store where they sold so many things,amongst the things they sokd included,washing soap,perfume rice,milo,baby diapers,cooking oiI etc. I learnt to be a businessman through their activities and out if that I can confidently beat my chest to say that,indeed I have had an assets from my parents.

My Business

In my own case as a youngman live is a process and will require that I start from somewhere.With many struggling in all fields to make ends meat, I needed to arm nyself towards going into business and to that, I gathered some few Cedi to sell things like milk tomatoes, nestle coffee,sugar,most milk,rice in smaller and larger quantities for my customers to retail. My shop is among those located in the general market and so getting customers to buy my items is not a problem. Business has always not been consistent,sometimes sales are enormous and other time, sakes are on the decline but in all this,business has been good since.

Loan Proposal

Generally, the basic items I sell include bags of rice,bags of sugar,milk,Milo,sachel water,cooking oil,tooth paste,baby diapers and the lot I will buy ten bags of rice $19,six bags of sugar $16,four boxes of milk$12, eight boxes of baby diapers $15, three gallons of cooking oil (frytol) 14, twenty bags of sachel water $6. If I have a remainder of the loan amount, I will buy fifteen packets of mosquito coils $14 to sell in my shop.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$19.00

Date disbursed

May 23, 2017

Repayment status

On Time

Projected term

3 months

Lenders

PG

Paul Graham

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Lex Moen

Netherlands

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

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