Paul Hodji
Tema, Ghana
100% repaid
Name
Paul Hodji
Member since
June 2015
On-time repayments
263 installments • 88%
I am Paul Hodji.
I was born in an area where people do not value education but I managed to educate myself to an average level.
I then proceeded to teach in a technical school with marketing background.
Having realized the need to create additional income , I decided to go into distribution of health products.
With the proceeds , I am able to pay children;s school fees as well as feed my family .
As extra source of income, health products distribution has been my activity for the past 4years.
I now need $950 to purchase health products such as Omega 3, Spirulina, Calcium, Vitamins, Garlic and Ginseng capsules.
I purchase these items at wholesale and distribute to my customers directly by myself and therefore have no need to pay any employee or helping hand apart from transport costs.
By this am able to make sufficient profit of 40 % to take care of my family and reinvest into the business.
The demand for health products is high and my customers respond favorably with repeat orders .
With this loan, l remain in the business of purchasing and supply of health products which l find very profitable and harmonious to my wellbeing.
This business also helped me in building good will among credible people. It makes me lead a satisfied life also. There are some occasions where some other health products are demanded that are not I'm my normal supplies but with availability of funds l am able to cope with the demand hassle free. By this the customers increase and then increase in profit also.
Jul 22, 2021: Purchasing and supply of health products
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$981.59
Date disbursed
Apr 27, 2019
Repayment status
On Time
Projected term
5 months
Cost to entrepreneur
Service fee: $30.01
Credit risk payment:
$120.03
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