Loan to pay my school fees

Boakye

Palmtop, Ghana

100% repaid

Entrepreneur

Name

Boakye

Member since

August 2016

On-time repayments

52 installments  •  98%

About Me

My name is Boakye Diana born on 10th 1990.i had my basic education at seikwa L/A basic schools.I am a native of Seikwa.I live at palmtop.life became very difficult after my senior high school education.I would like to see my children as doctors, teachers or nurses in future.I like reading and watching movies.

My Business

My parents deal in pharmacy so I have been helping them at the shop.Anytime School is not in session I go there to help them at the shop.my parents earn a profit rate of about 80%-90%.they use part of same profit to pay bills and stock the shop.They reinvest some of the profit in order to stock the pharmacy shop and the repayment of my loan.

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Loan Proposal

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Projects

Ghana

Loan to pay my level 200 school fees


About Discussion 9

Entrepreneur
Antama Felix
Seikwa, Ghana
Invited By: Yeboaa Jacklin
Invited Members: 6 View
Volunteer Mentor: Emmanuel Na-yaw
Followers: 53
On-Time Repayments: 96% (24)
View Other Loans
This Loan

Amount Requested: $470.00
Still Needed: $444.00
Application Expires: Sep 21, 2016
Repayment Frequency: Weekly Projected Term: 22 months
Cost of Loan: $23.68
Show Cost Details
Story
About Me

My name is Antama Felix born on 10th December 1990 and i am now 26 years old .i come from seikwa in the Brong Ahafo Region of Ghana.i had my basic education at seikwa methodist Junior High School and i further to Nkoraman Senior High School in seikwa. am in the family of six and am the last born of my parents but the first five are not financially sound . after my senior High School it became difficult for my parents to further my education to even though i passed with distinction, so i need to stay home for about one and half year to assist my parents for farming work and also help my father in his pharmacy store etc . i help my parents at their farm and pharmacy store to enable me enroll into the university in 2015.my father started his pharmacy store with small amount and through the help of the farming support, the shop started growing well. .my dreams is to become a doctor in future. in my life my parents use the shop to support me for my university education.My hobbies are reading, dancing, watching movies, jogging.
My Business

my parents deal with with pharmacy and farming work .my parents pharmacy store is located on the main road in seikwa town. people around the area buy drugs from father pharmacy store because that is the only pharmacy in the area. my father chooses this business because there is no medicine to cure some sicknesses that the community people complain about. my parents started this business with small amount of money but because of good management and high patronage they are able to increase their profit margin to 40%. i do help them when we vacate .my parents use some of the profit to pay my university fees and also use part for reinvestment for business to grow but sometime my fees become difficult for me because is the same profit that my parent use to support the whole family. so now i need $200 to support to pay my university fees and to help me buy some handouts for my studies on campus.
Loan Proposal

I thank my lenders for my first loan.please I need another loan to pay my level 200 first semester school fees and buy handouts. This loan will reduced burdens on my parents. I Will do my best to pay on time. Thanks
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Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

Sep 15, 2016

Repayment status

On Time

Projected term

2 months

Lenders

MarktheMormon

Sandy, Utah, United States

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