Loan to expand my provisions shop

Nicholas

Bechem, Ghana

100% repaid

Entrepreneur

Name

Nicholas

Member since

February 2017

On-time repayments

92 installments  •  72%

About Me

My name is Nicholas Dickson Nseetse. I come from Bechem in the Bono part of Ghana. I was born on the 14th April, 1990. I attended Bechem Preseco high school and completed with high grade. I am not married yet. During my school days, I was a senior prefect. I am a good hearted man. I don’t have a wife yet. I stay with my parents in a compound house. I am black in complexion.

My Business

I have long been waiting for a chance to be responsible for my own success story. Though I find it very difficult to start a business, the perseverance spirit in me encouraged me to work very hard. I run a very small but future promising provisions store in a simple rented place near the sports stadium. I began this shop not long after I had completed my tertiary education.

Loan Proposal

My dear lenders, one of the businesses which thrive well in my community is the selling of provisions. This is because, all category of people patronage it. Therefore, when I get this loan my lenders, I will use to sell more provisions and soft drinks. This if done, will help me to get more profit to expand my business and also cater for my family. The items I will buy include the following:
2 bags of perfume rice =$60.
Biscuits=$ 30
Tomato paste $ 20
Milk =$15
Sugar=$10
Milo=$15
Vegetable oil=$20.
Soft drinks=$20
Transportation =$10
At the end, I am expecting my profit to increase about 15%. I will pay back the loan with part of my profit. Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$115.00

Date disbursed

Jul 5, 2018

Repayment status

On Time

Projected term

5 weeks

Lenders

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