Loan to run my food provisions store

Musah Mariama

Agona, Ghana

Funds disbursed

$0 to go

100% funded of $86 goal

0

days left

Entrepreneur

Name

Musah Mariama

Location

Agona, Ghana

On-time repayments

2 weekly installments  •  50%

About Me

I am Mariama from the northern region of ghana, am a muslim who is committed to my five times prayers. My father was a farmer so he only focused on sending us to farm than sponsoring our education, due to that I could't further after my JHS education and it didn't let my dream of becoming a lawyer a reality. Due to that I borrowed money to start my own business.

My Business

I own a provision store at where I stay and I sell all types of provisions. This business has really helped me a lot because I use the profit to sponsor my kids and reinvest in my business as well. It also help buyers from going to the big city to buy over there and it means it saves their time.

Loan Proposal

I will add the loan to my capital to buy Items such as milo, lactogen, milk, biscuits etc in my provision shop and it will help me get profit to sponsor my kids education. This loan will also help me increase my profit.

Income Source

It is not likely to run at a loss when trading with provisions but in case of any risk I will repay with profit from my other business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$86.40

Date disbursed

May 8, 2021

Repayment status

Late

Projected term

1 week

Cost to entrepreneur

Service fee: 5% of $86.40 = $4.00

Credit risk payment: $10.49

Optional expediting fee: $7.99

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