Loan to expand my business

Cecilia

Anwiam, Ghana

100% repaid

Entrepreneur

Name

Cecilia

Member since

March 2016

On-time repayments

86 installments  •  71%

About Me

I am Agyemang Cecilia from small village called Anwiam in the Asunafo south district in Brong Ahafo region of Ghana. I am a business minded woman who believe in determination and hardworking is an important goal in life. My parents are both Ghanaian. I am a widow with four children my husband died when my last born was three months old and I have taking care of them since my husband died. I have able to raised little amount to start selling soaps and other provisions which I sell soaps and other provisions. Because I have little capital I cannot buy more soaps and provision so my profit is very little because of this I need loan to expand my business in order to increase my profit to cater for my children since I am a widow.

My Business

I am able to sell all the soaps and provisions I used my little capital to buy because I do not have enough money to buy more soaps I get little profit which I used to cater for my three children alone since I am a widow. Many people in my village like buying soaps and provisions but because my capital is not enough I cannot provide them all. So I need loan from good people like you to expand my business so that I can get profit to cater for my three children.

Loan Proposal

I will use this loan to buy different kinds of soaps like Gaisha soap, Juliet soap, OMO and other detergent and washing powders. This loan will increase my profit because I will get a lot of customers to buy. I hope my profit will increase by 20 percent and I will get money to pay my children school fees.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$406.00

Date disbursed

Jun 24, 2016

Repayment status

On Time

Projected term

6 months

Lenders

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