Name
Racheal
Member since
March 2021
On-time repayments
2 installments • 50%
I am Wermader Racheal from Ghana in West Africa. Am a christian, married with children and my kids want to become lawyers in future. My dream of becoming a teacher didn't come through because I could't continue my education after SHS. I started my business by borrowing from my father and I have repaid his money in full.
I operate a fast food joint called Rahis fast food at where I stay and I sell food like fried rice, jollof, chicken etc at the lorry terminal. It help me get some money to sponsor my relatives and also add to my capital to make it increase. I entered into this business because the sale of food is very lucrative. I incur an expenses of GHS 3500 and an estimated revenue of GHS 5500
I own a fast food joint and I will sell food with the loan, it will help me to increase my stock and help increase my profit. This will help my customers get food to buy anytime they visit my joint.
Selling of food generates money and there is a lesser risk, but in case of any risk I will repay with profit from my other business.
Positive
None
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$12.00
Date disbursed
Apr 22, 2021
Repayment status
On Time
Projected term
1 week
Other loans
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Jari May 24, 2021
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