Loan to buy ten rice,sugar etc into my shop

Cudjo

Dormaa Ahenkro_ghana, Ghana

2% 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

The principal items sold in my shop include rice, that is perfume and locally manufacturing, others include baby diapers, cornflakes etc. I will buy ten bags of locally manufacturing rice $18, perfume rice $15, cooking oil $16. I will also buy seven cartons of cornflakes $19

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$125.00

Date disbursed

Jul 3, 2017

Repayment status

Late

Projected term

120 months

Lenders

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

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