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.
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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
Other loans
Lenders
United States
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