Loan to expand my door to door coconut oil and fish business

Charity Agbeke

Kpetoe, Ghana

100% repaid

Entrepreneur

Name

Charity Agbeke

Member since

September 2015

On-time repayments

96 installments  •  72%

About Me

I am a young lady and I live in the Volta part of Ghana. I have two siblings and l am the third born. I am currently in senior high school and l am the first person to get to this level of education. Its been so hard been held along with a single parent. The soul of my dad has inspired the clouds. Its been difficult for my mum alone to cater for us financially through our junior high school. I had a goal of becoming a medical nurse. Regardless of the limitation in my family and financial constraints, that dream of becoming a nurse looks vivid in my vision. I root for the fact that says, present unpleasant situations cannot determine my tomorrow. Neither can it change my dreams if l do not allow the situation to engulf me. I took to a part time job of selling on my own after school in the evenings which is a home based business and it is making a great change financially to help in paying my fees. I am very hopeful and optimistic. If there is life there is hope. I want to use this platform to get money to expand my home based business. I have enough time to study and do other academic assignments. I am appealing to lenders to help me achieve my dream and purely change my life story.

My Business

I have basically started with selling bottled local oil made from coconut. I have made a progress and l have added the selling of fried and smoked fish to it. I do go around with it on weekends from door to door. I have chosen these goods and services because its the normal and regular consumption of the people in my area. I am able to make 10% of profit on each a day. I use 5% of the profit l make on each bottled oil a day for reinvestment. I sell 15 bottles a day. I use the other 5% for school books. I make a profit 20% from the sell of both the fried and the smoked fish a day. I stash away 10% for my school fees and 10% for savings.

Loan Proposal

I want this loan to support my business ,in order to successfully go through financial academic challenges on my way and towards the attainment of my nursing dreams. Basically, l will buy materials such as coconuts to prepare more oil and enough fresh fish.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$444.25

Date disbursed

Feb 2, 2016

Repayment status

On Time

Projected term

63 months

Cost to entrepreneur

Service fee: $22.25

Lenders

johnfay

Lusaka, Zambia, South Africa

Kylie

Mount Martha, Australia

H

hilde

seattle, United States

JessieD

Alexandria, Va, United States

Cloudways

Malta, Malta

S

Serene

Philadelphia, United States

thomas2666

Brisbane, Australia

B

bscent

Hong Kong

Michel Bavin

Antwerp Area, Belgium

melissapmeier

United States

A

andreab

United States

M

mbarbier

United States

Jeroen Decock

Gent, Belgium

Dave Bogard

New York, United States

F

Florian

Munich, Germany

MR

Michiel Rauws

San Francisco, Netherlands

PG

Paul Graham

United States

N

Nick

United States

B

BM

London, United Kingdom, United Kingdom

Carl D Patterson

United Kingdom

Arnaud M

Sydney, Australia

Thomas

Sweden, Sweden

M

manuvi

Antwerp, Belgium

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