Loan to improve my business capital

Lawrencia Owusuaa

Berekum, Ghana

100% repaid

Entrepreneur

Name

Lawrencia Owusuaa

Location

Berekum, Ghana

On-time repayments

24 weekly installments  •  38%

About Me

I am senior high school graduate .I am single no kid.I am preparing myself to further my education after I have been able to save money from the business I do.I live with my mum .unfortunately my dad is not alive.we live in our won house.i am saving to go to nursing training college .it is my dream to become a professional nurse to serve my community.

My Business

I sells fruit and vegetables near the road side.I started selling sweets until my capital was enough to start the sales of this fruits and vegetables.i buy the fruits and vegetables from the market women.This does not give me much profit since i dont go to the farmers to buy from them.

Loan Proposal

i sell fruits and vegetables on the roadside.i have been buying from retailers and not from the
farmers.this does not gives better profit.But before i can buy from the farmers,i need bigger capital to do that.i need a loan to increase my business capital to go the the farmers and buy from them.

Income Source

even though the profit is not all that much but i have been saving little money each day.also some type of fruits are currently profitable during this season.i will use the savings to pay for the loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$32.12

Date disbursed

Jul 22, 2020

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $2.67

Credit risk payment: $2.05

Lenders

John

United States

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