Loan to purchase metal beds and computer accessories

Kwadwo

Berekum, Ghana

3% repaid

Entrepreneur

Name

Kwadwo

Member since

May 2016

On-time repayments

166 installments  •  31%

About Me

I am Ofori Kwadwo from Berekum municipal assembly in the Brong Sharp. I'm thirty years old. I am the first born to Mr. Ofori Yeboah Samuel and Mrs. Martha Ofori. I am dark in complexion and about 5.8 feet tall. I attended Berekum SDA mission school.
I'm now selling home goods. I was introduced into the business by a friend. He gave me GHS 700 for a start.

My Business

My business is located in the same town where I am staying. I deal in home supplies, mostly selling used electrical irons, laptops, and televisions. The people in my town like these items and it makes business move every day. In certain weeks, I gain about 8% to 15% increase in income. The business is lucrative and I cherish it most. Sometimes, I get enough money to feed home and pay my brother's school fees.

Loan Proposal

WHEN THE REQUESTED LOAN IS OFFERED TO ME I WILL USE 200$ TO PURCHASE 8 METAL BEDS, 157$ TO PURCHASE COMPUTER HARD DISK AND USE 100$ TO SETTLE FOR MY BROTHERS SCHOOL FEES WHICH WILL ENABLE HIM TO
TAKE PART OF HIS FINAL EXAMS AND USE 100$ TO 15 COMPUTER KEY BOARDS.
WHEN THESE ITEMS ARE RECEIVED IT WILL ENABLE ME TO TAKE A PERMANENT WORKER FOR WHICH I CAN PAY HIM MONTHLY AND GAIN AN INTEREST OF ABOUT 10% INCREASE IN SALES. I WILL USE SOME TO REPAY OFF THE LOAN.

Show original English  

About Me

I am Ofori Kwadwo from Berekum municipal assembly in the Brong Sharp. I'm thirty years old. I am the first born to Mr Ofori Yeboah Samuel and Mr's Martha Ofori.
I am dark in complexion and about 5.8 feet tall. I attended Berekum SDA mission school.
I was introduced into the business by afriend.
He gave me Ghs 700 for a start. I'm now into selling of home goods.

My Business

My business is located in the same town in where I am staying.
I deals in home supplies mostly selling of home used electrical iron, laptops, television.
The people in my town like these items and it makes business move everyday.
In certain week i gain about 8% to 15% increase in income.
The business is lucrative and I cherish it most. Sometimes I get money to feed home and my brother's school fees.

Loan Proposal

WHEN THE REQUESTED LOAN IS OFFERED TO ME I WILL USE 200$ TO PURCHASE 8 METAL BEDS, 157$ TO PURCHASE COMPUTER HARD DISK AND USE 100$ TO SETTLE FOR MY BROTHERS SCHOOL FEES WHICH WILL ENABLE HIM TO
TAKE PART OF HIS FINAL EXAMS AND USE 100$ TO 15 COMPUTER KEY BOARDS.
WHEN THESE ITEMS ARE RECEIVED IT WILL ENABLE ME TO TAKE A PERMANENT WORKER FOR WHICH I CAN PAY HIM MONTHLY AND GAIN AN INTEREST OF ABOUT 10% INCREASE IN SALES. I WILL USE SOME TO REPAY OFF THE LOAN.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$558.00

Date disbursed

Nov 20, 2017

Repayment status

Late

Projected term

24 months

Lenders

Cloudways

Malta, Malta

PG

Paul Graham

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

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