Rice and cooking oil for my provision shop
Evans
Dormaa Ahenkro, Ghana
100% repaid
Entrepreneur
Name
Evans
Member since
March 2017
On-time repayments
37 installments • 95%
About Me
My name is Evans Appiah one of the three sons of Mr and Mrs Thomas Mensah in Dormaa Ahenkro. I graduated from University for Development Studies 2014 and completed National Service 2015.
Getting job became a big problem after my national service as I was tossed from one office to another. I then decided to start a provision store in our neighborhood through the little savings I made during my national service.
My Business
I own a provision store and sell most domestic needs like pure water, soaps, sanitary, rice, oil, etc. I am able to earn an average returns of GHS 150.0 a day. I have been reinvesting part of my income in my shop to help expand my business and also part of my profit is used to support my family.
Loan Proposal
This loan is basically going to be used to purchase rice and cooking oils for resale at my shop.
Item Amount( in dollars)
Rice 88.0
Cooking Oil 46.0
Total 134.0
Getting this loan will help me to increase my daily returns from GHS 150.0 to at least GHS 180.0 and thereby expand my shop gradually.
This will also help me to employ sales assistant at my shop for him/her earn for a living.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$139.00
Date disbursed
Jul 12, 2017
Repayment status
On Time
Projected term
2 months
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