Loan to purchase a mini-van for my wife's cold store

Reynolds

Abetifi, Ghana

1% repaid

Entrepreneur

Name

Reynolds

Member since

March 2016

On-time repayments

173 installments  •  57%

About Me

My childhood was quite amazing because things were moving in the right direction. My education also was good, until I lost my wonderful dad, who was a breadwinner by then. After the death of my dad, that was when I came to understand life more fully. Life began to be tough and the hardship kept on, until I came to meet my friend who introduced me to my business. Through his advice, I have managed to break through, even though I have not achieved all, but it is better now than previously.

Well, the uniqueness of my land (i.e., Ghana) is notable. Peace and freedom are offered to her nationals, as well as her hospitality to foreigners.

I want my children to become what God has ordained for them, so I am forcing myself to push them through. My hobby is reading and discovering new ideas about business. Thank you all.

My Business

Please am Reynolds,I sell phones and accessories.I also decode and repairs phones. This business is the highest movable business in my area. The patronize of this products is very great since each and every blessed day people do buy phones or accessories.They also repairs their damage phones too at my shop and this makes me earns high income(Profit)out of it.Travelling to the city is costly here so i buy my items in bulk at moderate price from the whole Sellers and resale them at retailers price to my customers and this also earn me some money.My profit margin is always high since i always make sales and i reinvest my gain(profit) into the business with the aim of widening it.thank you all my great lenders.

Loan Proposal

Dear lenders am much grateful for your support. I thank you all because without you,life would be no meaningful to me and my family.Once again,I thank you all. Please am here once again seeking for your support to buy second hand mini van truck to transport her frozen meats and fish to the work place after buying it from the whole seller's. Please the transportation cost involved when transporting things from the cities to the village is high due to the nature of the bad roads. And we owning our own truck is safe and it will cut down cost and save the business by increasing the profit margin. Dear lenders, please assist us to buy this truck to cut down cost and save our business by increasing the profit margin. Dear lenders, the cost of the second hand mini truck van here is 25,600$.Please lenders, kindly help us to buy this van to transport our goods.Thank you all for your support.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$1,510.00

Date disbursed

Oct 26, 2017

Repayment status

Late

Projected term

44 months

Lenders

Q

Quomar

Żmigród, Poland

N

netsirkd

Highland, United States

F

Forfex

Zurich, Switzerland

PG

Paul Graham

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Reynolds a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...