Loan to buy products for my provisions store

Obeng

Berekum, Ghana

100% repaid

Follow Obeng

How it Works

Entrepreneur

Name

Obeng

Member since

July 2017

On-time repayments

75 installments • 43%

About Me

My name is Obeng Kwasi. I come from Berekum in the Brong Ahafo region. Am twenty -four years old. I have completed senior high school. I'm in a family of five:my parents, two brothers and I.
The game I like best is tennis ball. This is because, it gives me energy. The food I like best is rice ball and groundnut soup.
I am now a storekeeper in my area. I have worked on it for two years now.

My Business

After I completed Junior High School, money to be used to continue secondary school was problem for my parents. Because of that I was advice to learn a dress making. There was no option for me than to enter into it.
God been so good,within two years,I qualified and now am a tailor with five people who are also learning the dress making.
Initially, getting a machine to start my own business was a problem until my church elders bought me one.
How to get some customers was also a very big challenge. The church also made so many announcement for me through the use of their information system.
Now,I can boost of two hundred customers who are patronizing my service. At the end of a day,I am able to save around $40. I also use some to cater for my family.

Loan Proposal

I thank all my lenders for their support during my second loan. The loan helped me a lot during my endeavors. I thank them very much. Without them,I was nobody in my community.
I was able to get some profit of $200.I used some of them to support my family.
Now,people are patronizing my products a lot.In view of that I am here to raise my third loan to buy some of these products to feed the store since they are in a high demand.
If I get the money,these are some of the items I will buy: four bags of sugar($40), twenty sachets of toffees ($20), ten sachets of coffee($15), five boxes of biscuits ($10), ten tin of Milo ($15) ,mineral drinks ($45), five boxes of soap($35).
HOW TO REPAY.
If am able to get these products, it will help me to fetch more money(profit). I will repay the loan as I did it previously from the sale of my products.
THANK YOU!