Loan to run my Indomie noodles business

Rosina Ampomah

Accra, Ghana

Loan disbursed

$0 to go

100% lent of $130 goal

0

days left

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Entrepreneur

Name

Rosina Ampomah

Location

Accra, Ghana

On-time repayments

2 weekly installments  •  100%

About Me

I am Ampomah Rosina and I was born in Kumasi Ashanti region of Ghana and I was able to complete J.H.S in kumasi SDA JHS but was not able to continue my education because there was no money in the house. I manage to support my self by working with my friend in the farm as a labor and I save some money to set up a food selling joint of which I have been able to make a provision shop with my profit.

My Business

I sell food at my area and I own a provision shop of which i sell drinks, water , milo, milk and a lot of provisions. Since I sell food at my area, I have given the provision shop to my first born to manage it after her SHS education.

Loan Proposal

I sell indomie noodles and i need this loan to expand my business, selling Indomie noodles is profitable and is my target this time to sell more at the end of each week to make profit and it will help me to increase my stock.

Income Source

People eat everyday so there is less risk in selling food but in case of any risk I will repay with profit from my other business.

Feedback

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Lenders

Mike and Jacqui

United Kingdom

Paul Buchheit

Mountain View,  United States

CG

Chris Greene

Birmingham, AL,  United States

Loan Info

Disbursed amount

$130.35

Date disbursed

Apr 16, 2021

Repayment status

On Time

Projected term

1 week

Cost of loan

Service fee: 5% of $130.35 = $6.36

Credit risk payment: $16.96

Optional expediting fee: $12.90

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