Loan to buy products for my provisions store

Victor

Berekum, Ghana

100% repaid

Entrepreneur

Name

Victor

Member since

June 2017

On-time repayments

113 installments  •  24%

About Me

My name is Victor Ntim from Mampong Ashanti. Am twenty year of age. I have completed senior high school.I am in the family of six. My parents, three sisters and I. After completion, I entered into Provision store bussiness. I am now a business man with an estimated some of eight hundred dollars.
I am taking care of my two sisters in high school since my parents are two aged. I have married with one child.

My Business

I started my business when I was seventeen years old. I started the business after completion of senior high school. I started the business with a capital of hundred dollars.
I used that capital to buy these items :toffees, biscuits, sugar, rubber, etc.
I used the rest of the money to hire a container.
Intinially, business was not going well but later, things started going on well.
Now, I can boost of some profit of seven hundred dollars apart from the one I use to cater for the family.
My business is going on well for me. I have decided establish another one for my parents to run it.

Loan Proposal

My first loan helped me a lot .this is because, I was able to grab additional $150 as profit from it after using some as daily house keeping.
If I am able to get this loan,I will be in a better position to buy these items: Two bags of sugar($150) ,three boxes of milk($90),five packets of toffees ($60), 9 packets of coffees($70),four boxes of biscuit ($50) and some certain items.
MODE OF REPAYING THE LOAN.
I can repay the loan from the sales of my products.
Thank you all.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$182.00

Date disbursed

Aug 25, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

CN

Craig Newmark

United States

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