Loan to purchase metal beds to increase business
Yeboah
Berekum, Ghana
100% repaid
Entrepreneur
Name
Yeboah
Member since
April 2017
On-time repayments
8 installments • 100%
About Me
I am Yeboah frank from Berekum. I am a typical bono man.y mum and dad also comes from the same town.
Graduate of second cycle who obtain the ssce certificate in the year 2005 at a secondary school at biadan.
I developed an interest in selling items but I wasn't having an income and a friend gave me 100 cedis as a loan to start.
By Gods grace I have been able to pay off the loan and now with my own business.
My Business
Franklin business centre deals in selling second hand goods. I have been into this for about four years now.
I am currently earning some income and I am having two casual workers of which I pay them monthly .
Loan Proposal
When the loan is offered to me I will use 180 dollars to purchase 12 metal beds which will boost income rise because people prefer using of the beds, I will also 80 dollars to purchase 23 electric iron to be sold to customers.
I will get an increase rise of about 20% per week.
Some of the income shall be used to increase stock and some shall be used to repay the loan.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$260.00
Date disbursed
Oct 3, 2017
Repayment status
On Time
Projected term
6 weeks
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