Loan to improve my business

Benard

Goaso, Ghana

Funds disbursed

$0 to go

100% funded of $140 goal

0

days left

Entrepreneur

Name

Benard

Member since

September 2016

On-time repayments

105 installments  •  6%

About Me

Benard is 35 yrs. I went to school up to the fourt grade. Am having three children, who are already independent. I a small store in her house. In addition, she works in farming and raising cattle. The land where she farms and pastures the animals is a little far from her house.

I need a loan for the purchase of four calves for fattening. With the previous loan, she was also able to purchase cattle, and she has already completely paid her debt, demonstrating a self to be a responsible and hard-working man. My dreams of improving her house.

My Business

I established this private school with the intention of providing education to my community members. I first started this by visiting house to house to teach the pupils at their various homes and later assembled all of them at one place to teach them. This went on for some time before I finally put up some temporal structure to serve as classrooms. The establishment of the school is useful in demand because most of community members are now willing to send their wards to school and also reduce the burden of travelling long to nearby community before having access to formal education. The principal aim of establishing this business is to enable children to have access to formal education to become useful citizens in the society. The only source of revenue for the business is the fees paid by the students enrolled in the school. The profit accrued is used to expand the infrastructure of the school and also used to pay the supporting staff.

Loan Proposal

I need this loan to improve my livestock and also expand my business. Not less than $800 will complete about 70% of my project

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$140.00

Date disbursed

Dec 12, 2016

Repayment status

Late

Projected term

22 months

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