Loan to expand my provisions store

Boakyewaa

Kofiasua -near Dormaa Ahenkro., Ghana

100% repaid

Entrepreneur

Name

Boakyewaa

Member since

November 2016

On-time repayments

68 installments  •  85%

About Me

I do my own business in a the village called Kofiasua,a small town near Dormaa Ahenkro . My father was a poor farmer whose income was to small to go into cash crops.He grows cassava, pepper,plantain and so many tins for sale in Dormaa Ahenkro market. He hired a store for me to begin business,this because he told me he will not be able to afford University Education. After Senior High School he took me to a nearby bank ( WAMFIE RURAL BANK Ltd) and took a loan worth GHS3000 and cautioned me to work hard to repay the loan. Fortunately, things went well for me to pay the loan I sell Milo, milk, Fanta, coca-cola and so many tins. I work hard to let my children go to Senior high School to become useful to society.

My Business

I sell general goods like Tin Tomatoes, sugar, soaps. Kumasi has many goods at cheaper prices to earn more profits but because the only nearest place you could get these so quickly is Berekum. I once visited a shop in Suyani that sell goods like mine. I could not believe my eyes the sort of customers who hard queued to buy things from this very shop. It motivated me to go into this venture one day and that is what I am engaged in now.I make a minimum sales of ghc300 a day. I do not have any source of income therefore it the profit I make from the sale of these items that makes me earn a living to cater for my kids.

Loan Proposal

I will buy mosquito sprays ($29), two box of milk ($36), five crate of malt ($32),Three crate of Fanta ($19) .

Feedback

1

None

None

  • Margaret    Nov 10, 2017

    Hannah paid her loan off in a timely manner, I would gladly lend to her again.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$112.00

Date disbursed

Dec 9, 2016

Repayment status

On Time

Projected term

5 months

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$111.97

Amount remaining

$0.00

Date repaid

May 20, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 16, 2016 $7.22 Dec 17, 2016 $7.22
Dec 23, 2016 $0.00
Dec 30, 2016 $1.20 Dec 24, 2016 $1.20
Jan 6, 2017 $1.20 Dec 24, 2016 $1.20
Jan 13, 2017 $1.20 Dec 24, 2016 $1.20
Jan 20, 2017 $1.20 Dec 24, 2016 $1.20
Jan 27, 2017 $1.20 Dec 24, 2016 $1.20
Feb 3, 2017 $1.20 Dec 24, 2016 $1.20
Feb 10, 2017 $1.20 Dec 27, 2016 $1.20
Feb 17, 2017 $1.20 Feb 27, 2017 $1.20
Feb 24, 2017 $1.20 Mar 1, 2017 $1.20
Mar 3, 2017 $1.20 Mar 1, 2017 $0.72
Mar 6, 2017 $0.48
Mar 10, 2017 $0.96 Mar 6, 2017 $0.96
Mar 17, 2017 $2.41 Mar 14, 2017 $2.41
Mar 24, 2017 $2.41 Mar 24, 2017 $2.41
Mar 31, 2017 $2.41 Mar 31, 2017 $2.41
Apr 7, 2017 $2.41 Apr 15, 2017 $2.41
Apr 14, 2017 $2.41 Apr 15, 2017 $2.41
Apr 21, 2017 $0.00
Apr 28, 2017 $0.48 Apr 29, 2017 $0.48
May 5, 2017 $0.48 Apr 29, 2017 $0.48
May 12, 2017 $24.08 May 5, 2017 $0.48
May 11, 2017 $23.60
May 19, 2017 $24.08 May 11, 2017 $0.48
May 20, 2017 $23.60
May 26, 2017 $24.08 May 20, 2017 $24.08
Jun 2, 2017 $6.50 May 20, 2017 $6.50

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