Loan to buy wood for making charcoal to sell

Asamoah

Accra, Ghana

100% repaid

Entrepreneur

Name

Asamoah

Member since

May 2021

On-time repayments

7 installments  •  43%

About Me

I’m Asamoah Beatrice from Greater Accra Ghana, i am 49years of age I don’t have husband I lost my husband 3years ago I have 4 children , I do charcoal business I have been in this business some years ago.

My Business

I’m a charcoal seller I went to bush and buy the tree and we cut it down into pieces, then we dig soil to cover up and we light it up to burn and wait until it finished turning charcoal then we remove the soil and package in sack and car come and pick it to home then we sell this is a very hard work that one person can not do without capital, because you have to pay for the tree and other worker who help

Loan Proposal

I need this loan to because I need to buy a tree in the bush so that the chainsaw operator will go and burn the charcoal, I said this business requires capital

Income Source

I will this loan like I said I will work hard and I have some charcoal to sell if I got this loan to buy the tree is not that intrest I will use to pay because it takes sometimes for the fresh tree to turn charcoal and I will use the money that I got in the charcoal selling to settle for the loan

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$123.00

Date disbursed

May 25, 2021

Repayment status

On Time

Projected term

1 week

Lenders

JT

JOY to the world

Cottonwood Heights, United States

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