Loan to buy rice and other provisions to stock my shop
Gyamfi
Dormaa Ahenkro/ghana/brong-ahafo Region, Ghana
100% repaid
Entrepreneur
Name
Gyamfi
Member since
November 2016
On-time repayments
45 installments • 62%
About Me
I was born an orphaned. life was not an easy one but life must go on. I was interested in business.I told my father even when I was at the Senior High School that I wanted to do business and my dad saw that I was so ambitious and he never led me down. He contributed so much I was able to build a container store and bought some few things like biscuits, toffees chewing gum and others. I have depended on this business for more than six years now and through hardworking and dedication, I have been able to manage till now. My children are in school because of this business.This business has helped me greatly. People like coming to my shop because of the attention I give them. I wish I could expand my business now that my children are young. I'm trying my best to assist my children in their education.
My Business
I sell almost everthing that customers require. I must say my shop is a provision store in short. Some of the items in my shop are; milk, sugar,energy drinks, sachets water,Milo,tofee, nido etc. Alongside, I sell mobile recharge cards. My store is sited close to the lorry station so passengers who travel to nearby towns and villages get access to the things I sell without going to a super market. In the mornings when poultry farmers are preparing to go to their various farmers that is the nearest area they could buy things to consume in their farms. My store provides the basic items for the people especially those living in that suburb. I chose this business because I could not continue my education to the tertiary level and I also did not learn any job like tailoring, barbering,carpentry etc. I have been so serious with my selling to enable me get some profits to pay my ward's school fees and pay for utilities.
Loan Proposal
I want to buy ten bags of rice $312,four bags of sugar$98, four boxes of milk$78, six boxes of milo$59, six packs of baby diapers $76,seven bags of sachel water$23, four boxes of bathing soap$86, three boxes of washing soap$87. My shop will look attractive and I'm looking forward to see more profits since my customer base is going to increase. I will also be supply what my customers need. If buying of items from my shop should increase, I will employ someone to assist me and this will mean that I will be offering employment to others.
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$123.00
Date disbursed
Mar 23, 2017
Repayment status
On Time
Projected term
7 months
Other loans
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$115.90
Amount remaining
$0.00
Date repaid
Aug 29, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 2, 2017 | $6.82 | Mar 23, 2017 | $6.82 |
| Apr 9, 2017 | $6.82 | Mar 30, 2017 | $6.82 |
| Apr 16, 2017 | $6.82 | Apr 7, 2017 | $6.82 |
| Apr 23, 2017 | $4.55 | Apr 20, 2017 | $4.55 |
| Apr 30, 2017 | $1.14 | May 5, 2017 | $1.14 |
| May 7, 2017 | $1.14 | May 5, 2017 | $1.14 |
| May 14, 2017 | $1.14 | May 9, 2017 | $1.14 |
| May 21, 2017 | $1.14 | May 9, 2017 | $1.14 |
| May 28, 2017 | $2.27 | May 25, 2017 | $2.27 |
| Jun 4, 2017 | $2.27 | May 31, 2017 | $2.27 |
| Jun 11, 2017 | $2.27 | Jun 8, 2017 | $2.27 |
| Jun 18, 2017 | $2.27 | Jun 15, 2017 | $2.27 |
| Jun 25, 2017 | $2.27 | Jun 26, 2017 | $2.27 |
| Jul 2, 2017 | $2.27 | Jun 26, 2017 | $2.27 |
| Jul 9, 2017 | $6.82 | Jul 5, 2017 | $6.82 |
| Jul 16, 2017 | $6.82 | Jul 13, 2017 | $6.82 |
| Jul 23, 2017 | $6.82 | Jul 20, 2017 | $6.82 |
| Jul 30, 2017 | $2.27 | Jul 28, 2017 | $2.27 |
| Aug 6, 2017 | $2.27 | Jul 28, 2017 | $2.27 |
| Aug 13, 2017 | $22.73 | Aug 10, 2017 | $22.73 |
| Aug 20, 2017 | $0.00 | ||
| Aug 27, 2017 | $2.27 | Aug 24, 2017 | $2.27 |
| Sep 3, 2017 | $2.27 | Aug 29, 2017 | $2.27 |
| Sep 10, 2017 | $2.27 | Aug 29, 2017 | $2.27 |
| Sep 17, 2017 | $2.27 | Aug 29, 2017 | $2.27 |
| Sep 24, 2017 | $2.27 | Aug 29, 2017 | $2.27 |
| Oct 1, 2017 | $2.27 | Aug 29, 2017 | $2.27 |
| Oct 8, 2017 | $2.27 | Aug 29, 2017 | $2.27 |
| Oct 15, 2017 | $2.27 | Aug 29, 2017 | $2.27 |
| Oct 22, 2017 | $2.27 | Aug 29, 2017 | $2.27 |
| Oct 29, 2017 | $2.27 | Aug 29, 2017 | $2.27 |
| Nov 5, 2017 | $2.27 | Aug 29, 2017 | $2.27 |
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