Loan to purchase spare parts for my shop

Isaac

Abetifi Kwahu, Ghana

100% repaid

Entrepreneur

Name

Isaac

Member since

September 2016

On-time repayments

156 installments  •  30%

About Me

Please am Isaac a second born of my late parents from the eastern part of the country(Ghana). I lost my parents early in my childhood,so I was taken care by my late father's brother and since then life hasn't been easy for me at all.I struggle to end means as a result of this i was forced to drop out from school.I manager to cope with life and struggle till now. And finally meet a man who introduce me to spare parts business. This was how i manage to come out from the hardship and established my own business. The unique thing about my place is mountains which serves as tourist attraction. Please i want my children to be people who serves their community. A past time i remember is i went to swerm in a river and river took me away until i was resue by people. Thank you

My Business

Please I deals with spare parts. This business is very useful since is the onlyparts shop in town.people patronise to the shop to buy their parts because it saves them of time from traveling to the next town. I use the profit to rebuy the parts to fill the shop and feed my family too with that. Thank you

Loan Proposal

Dear lenders, please I need this loan to purchase spare parts to meet the demand order of my dear customers.please some of the parts ranges from 1$up wards.If this loan is secured it will help me improve the business and also widen the profit margin of the business. This time i expect my profit margin to rise from 1% to probably 3% this time.Dear lenders I sincerely thank you all for your kindness support. Love you all.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Nov 8, 2016

Repayment status

On Time

Projected term

12 months

Lenders

Paul Buchheit

Mountain View, United States

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