Loan to run my snack business

Otoo

Ahafo, Ghana

0% repaid

Entrepreneur

Name

Otoo

Member since

March 2021

On-time repayments

1 installment  •  0%

About Me

Joyce Otoo is my name, I am a christian and my father is the elder of the church. I am single and also hardworking in all endeavors. Because of some illness, I continue further my education to the SHS level after my JHS education. Due to that I borrowed from my Dad to start my own business.

My Business

I sell snacks at the lorry terminal at where I stay. Since people don't sell solid food at the lorry terminal they all are tempted to buy the snacks and that compelled me to enter into that business. It helps the passengers to sustain their hunger before they get to their respective homes.

Loan Proposal

I will buy soft drinks and flour to prepare meat pie and cake with the loan. Since there is no solid food around the lorry terminal, my business help passengers and the drivers sustain their hunger before they go home and it will also help me get some money to solve some issues.

Income Source

There is no solid food around the lorry terminal so all the drivers and passengers depend on snacks when they come to the terminal so it is very uncommon for me to run at risk but in case of any emergency i will repay with profit from my other business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$61.00

Date disbursed

Apr 22, 2021

Repayment status

Late

Projected term

1 week

Lenders

JessieD

Alexandria, Va, United States

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