Loan to buy sugar, rice,milk etc for my shop

Cudjo

Dormaa Ahenkro_ghana, Ghana

100% repaid

Entrepreneur

Name

Cudjo

Member since

September 2016

On-time repayments

42 installments  •  74%

About Me

I did not have University education but unfortunately financial constraints it did not materialized. I had wanted to learn sewing but my interest was was driving off suddenly. I began selling petty items like chewing gum, toffees, hacks and many others. Latter, from the savings I made with one of the microfinances I was able to acquire a loan amount of 1500GHS toofdiapers,milk,sugar,soap,minerals like Coca-cola, Fanta,malt and others. My hometown celebrate the "KWAFIE" festival.this a period that invites people from different places emerge to celebrate the occasion. My mum left a small farmland and I have cleared it up to plant some food crops to support feeding in the house.

My Business

I sell general goods like sugar, baby diapers, toilet rolls, milk,milo and many others. Tuesday to buy and sell seek buy most of these items to their various communities. The business had a capital of arround Ghc12000. I make daily sales of about Ghc300 a day and aroundGhc600 on Tuesday's which is the market day.

Loan Proposal

I will buy ten bags of rice140, bag$14. I will need twelve bags of sugar$120. Each bag of sugar will $10. I will buy twenty bags of sachel water $25, seven boxes of bathing soap$78, baby diapers is what most nursing mothers. Ten boxes of baby diapers $76. I will need twenty boxes of mosquito coils$45.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$79.00

Date disbursed

Mar 31, 2017

Repayment status

On Time

Projected term

14 months

Lenders

T

Tim47

United States

Z

Zidishartm

Rotterdam, Netherlands

P

Peter

United States

KN

Kevin N

Cleveland, Ohio, United States

A

Anonymous

United States

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