Loan to buy rice, sugar, baby diapers etc to stock my shop

Kwaku Owusu Victor

Dormaa Ahenkro, Ghana

100% repaid

Entrepreneur

Name

Kwaku Owusu Victor

Member since

January 2018

On-time repayments

21 installments  •  90%

About Me

My name is Victor kwaku owusu.I am 45 years old.I work at Dormass as a plumber.I am black in complexion.And I have only one wife with four kids three boys and a girl. Life has not been so easy since. I had a basic education at the Roman Catholic primary/ Junior High School.As an orphan,even though I passed for which I could persue Senior High Education,nobody in the family supported me. Eventually I had to resort to labour work where I used to weed for peasant farmers to get paid before before getting my daily bread.
I later decided to learn a job. I went into apprenticeship and learnt plumbing work. I was fortunate when I graduated,my family member was a headmaster of a headmaster and they needed a plumber so that was how I got to be a plumber in a Senior High School..

My Business

I started my work as a plumber and upon few savings, I developed the passion to selling and my interest was heard to words selling items like Milk, Milo, Sugar, Nido, perfume rice and many others. My capital initially was very small so I started selling less cost items like, toffees, chewing gum,biscuits, toilet rolls and later when I saved some money extended my trade into Rice, baby diapers,Sugar, mosquito coilss etc. Plumbing has been my main job in the School but normally when there is less to do, I will go to my my shop to attend to my customers. My wife Ama, is the one that I have assigned to take care of the shop. After school, I take over from her so that she could go to the house to cook for the family.

Loan Proposal

I wish be offered the chance to expand my business if my loan application could be funded. If my loan is funded, I would be glad to buy the following items: Baby diapers, mosquito sprays and coils, biscuits, Perfume rice, Nido etc. Details of my purchase will be;

A: : 7 boxes of Nido $12.2
B: 15 bags of perfume rice $14.5
C: 8 bales of baby diapers. $15.5
D: 42 packets of mosquito coils $10.2
E: six boxes of biscuits $10.1
F: fifteen packs of mosquito sprays $12.2
G: ten boxes of baby diapers $13.5

I will be very happy if my loan could be funded for me to sell the above mentioned items . I hope to obtain profits from this sale and to enable me increase my stock in my shop. I'm also hopeful that the profits realised from this sale could help me pay my children's school fees and also buy more of the items to stock my shop.

Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$170.00

Date disbursed

Apr 8, 2018

Repayment status

On Time

Projected term

6 weeks

Lenders

RckyMntFamily

Colorado, United States

Paul Buchheit

Mountain View, United States

W

Wade

United States

Thomas

Sweden, Sweden

K

Katka

St Albans, United Kingdom

V

Vidar

Oslo, Norway

RC

Rudi Chen

United States

J

Jon

United States

Curious Customs

Austin, Texas, United States

LM

Li Morgan

Exeter, United Kingdom

KJ

Kevin J Baird

Cleveland, OH, United States

Katie

United States

Donald

United States

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$170.80

Amount remaining

$0.00

Date repaid

May 14, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 19, 2018 $33.62 Apr 18, 2018 $33.62
Apr 26, 2018 $33.62 Apr 24, 2018 $33.62
May 3, 2018 $33.62 Apr 27, 2018 $33.62
May 10, 2018 $33.62 May 3, 2018 $33.62
May 17, 2018 $33.62 May 14, 2018 $33.62
May 24, 2018 $2.69 May 14, 2018 $2.69

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