Loan to buy new goods into my provision store

Tuah

Berekum, Ghana

57% repaid

Entrepreneur

Name

Tuah

Member since

June 2015

On-time repayments

18 installments  •  50%

About Me

I am Tuah Kwaku James from Berekum in the Brong Ahafo Region of Ghana. I am chocolate in complexion and about 4.2 feet tall. My parents are Mr. & Mrs. Tuah. I am from a family of 3 and am the oldest born of my parents.
Moreover, I started my basic school at Berekum Presbyterian Junior High School and after a successful complexion of Berekum Presbyterian Senior High School, I furthered to the Berekum College of Education and by God's grace, I have successfully completed and I am now self-employed. I am someone who believes in business and I spend most of my time thinking and planning ways and means of improving upon my business.
I'm used to making new friends all over the world.

My Business

I sell general provisions such as tin of milk, sugar, tinned tomatoes and the like. There is a high demand for this business all the time, because it looks like it is a daily usage products. I chose this kind of business because I have been into it for many years now.
This means I can get the most out of this business. When I invest about $150, I can get a profit of about $40 a week which is very interesting. I will use the profit I get to finance my younger sister's education and use the rest to improve upon my life. Thank you.

Loan Proposal

I thank all lenders for given me this opportunity, in fact i am most grateful.As i have already described my self as a business man, i will use this loan if granted to buy more goods or products into my provision store. I will buy 8 boxes of wine and other soft drinks, again I will buy 70 boxes of liquid soaps,80 boxes of matches and 12 bags of rice and other products that are mostly used by customers everyday which in total may cost 2300.00 dollars. My business is located at a vantage point and also a fast moving business of which many customers pass by everyday. This means if this loan is granted i will be able to increase the product in my shop and also my profit gained everyday will increase that will in a way help me to pay the loan as demanded. I am now pleading to the lenders of this noble organization (zidisha) to help me with their loan to expand my business and to cater for my family as well. I promise to abide by all rules and regulations governing this organization if granted. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Aug 8, 2015

Repayment status

Late

Projected term

4 months

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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