Loan to re-stock my cosmetics and provisions shop

Francis Asiedu

Berekum, Ghana

100% repaid

Entrepreneur

Name

Francis Asiedu

Member since

August 2015

On-time repayments

126 installments  •  99%

About Me

I was born in Berekum in the brong ahafo region money to start school was a problem but my mother engaged in small trading and that is what she used to look after us in school sometimes we have to go and sell before we can get money to school.we manage with that situation untill completion of school.I intend getting a business so that I can support my siblings and when there is extral income then I extend it to the community.there is poverty in my community and I wish to make inpact by touching the lifes of the poor ones.my children want to be doctors.they also wish to work to assist the society.

My Business

The name of the bussiness is Daany's cometics shop.
It deal with various comestics including spray, pomade and others.
These goods and services are so important in my area because in my community we havee schools around and students work long distance before going to buy such items from the market so I decided to bring it close to them.
I did checks in my community and got to know that this is the type of bussiness that will move for me
I started with 250ghs and within two years the capital has grow up to 1500ghs . The profit we get out from the bussiness is uesd for reinvestment use some to look after my sibblings and look after some few adopted poor peoples in my community.if am able to secure your loan and expand my bussiness I intend using some my income to establish NGO to assist the needy needy ones

Loan Proposal

Loan to remember stock my shop
The following items would purchase
1,box of hair cream 100gh=20.75 dollars
1 bundle of hair wig 50 gh=10.38dollars
Hair comb 50gh=10.38
1pack.Rasta cool=50gh=10.38dollars
1box diapers 100=20.75 dollars
1box powders =150=31.13dollars
1/2box spirit 50gh=10.38.dollars
2boxes shampoo 300=62.dollars
2,roll of toilet roll 120=24.94 dollars
2boxes mercy ointments 240gh=49dollars
1box baby Dustin powder 150gh=31.13dollars
1box body spray 300 dollars =61.37 dollars
Totalling 1660gh=344.50dollars
When granted I will be able to reach stock my shop as Christmas is approaching, I may be able to serve my customers well since most of them come from remote villages. I may increase my profit margin by 60% and the profit may be used to pay rent, utilities,buy motor bike to serve my customers at the villages, pay my school fess assist some needy in my society and pay salary of my worker

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$341.21

Date disbursed

Jan 17, 2019

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $10.38

Credit risk payment: $62.55

Lenders

N

nani

austin, United States

valentin

Stockholm, Sweden

AdamP

Sunnyvale, United States

Umair Mahmood

Raleigh, United States

MarktheMormon

Sandy, Utah, United States

I

Interfree

Dubai, United Arab Emirates

L

ldron7

Utah, United States

D

danielske

Branford, United States

S

SelvaMarcus

Green Cove Springs, United States

F

fisaire

Ithaca, United States

G

grahamfamily

Guildford, United Kingdom

T

tonilends

catalonia is not:, Spain

J

jdfoote

Evanston, United States

McJulio

New Jersey, United States

D

DThirteen

Miami, United States

panamaman

Philadelphia, United States

fairspirit

Utrecht, Netherlands

bycyt

Whitefish, United States

Cricketca

San Jose, United States

isabelv

Barcelona, Spain, Sweden

iamdaimo

London, United Kingdom

gseletko

South Perth, Australia

mojobob

Hayward, United States

tonnyschonewille

Maastricht, Netherlands

GuillaumeTeissier

Montréal, Canada

J

jinx83

Brisbane, Australia

HealthcareProvider

Baltimore, United States

J

jlberqie

Wake Forest, United States

H

Haavard

Bergen, Norway

Evan Lamos

Brussels, Belgium

B

BobHope

United States

D

drorm

United States

Jonas

Brussels, Belgium

G

geoff

United States

B

benlenarts

Netherlands

S

spivurno

United States

J

jay12

Germany

J

jdallatezza

United States

Pankratio

EastVan, Canada

M

MaggieYG

United States

joshuacollinson

Vienna, Austria

J

jbhernan

United States

Agerfar

Aarhus, Denmark

P

Panda6689

United States

TyWee

Manila, Philippines

Vesa

Helsinki, Finland

G

GDean

United States

D

DStateDDB

United States

W

wesbh89

United States

D

dk1234

Netherlands

H

hixeu

Belgium

Bryan

Houston, United States

S

stryker75

United States

SV

sven vdk

Twickenham, United Kingdom

S

Stephan

Netherlands

TF

Timothy Fitz

United States

KM

Kirsty M

United Kingdom

Alberto Cereser

Copenhagen, Denmark

C

CSM

Berlin, Germany

Craig

Memphis, TN, United States

E

erica

antwerpen, Belgium

Ren

Minneapolis/StPaul, United States

M

Margaret

United States

Emily

San Francisco, United States

M

Mary

United States

HH

Helen Horseman

United Kingdom

John

United States

L

Lisa

United States

Outi

Finland

SS

Sean Sullivan

Austin, TX, United States

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