Loan to expand the ointment production
Isaac Tetteh
Suhum, Ghana
100% repaid
Entrepreneur
Name
Isaac Tetteh
Member since
September 2015
On-time repayments
112 installments • 41%
About Me
I was very quiet and serious about learning as child. Although i attended i a low class village school where most do not pass their exams for the high school, i was able to make the better grades to the high school. Inspite of the financial difficulties i had in high school, i made it to the university where i graduated with second class upper division in B.A Geography/Economics.
I started my business as an independent distributor in Tiens. i began by buying single product with my little money and sold to people who need them.
Most people in my land believe that certain sickness are caused by the gods.
I played football with my friends on weekends.
My Business
I'm now into the sales of books. I sell all kinds of books and other stationeries.
I also write and publish books on Amazon KDP.
Loan Proposal
Will buy more containers which may cost us about $70, buy some petroleum jelly of $80, buy print more labels which may cost $58 and buy the mixture of perfume of about $65. Transportation may cost us $23.
This loan will me increase the production base to 1000 pieces per month. This increment will make it possible for me to employed additional two people to the sells department.
All other things being equal, the profit margin will increase by 150 GH CEDIS per every 21 days.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$268.00
Date disbursed
Jan 27, 2017
Repayment status
On Time
Projected term
26 months
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