Loan to shoulder meat selling business
Daniel Yiadom
Ho Agortime Kpetoe, Ghana
100% repaid
Entrepreneur
Name
Daniel Yiadom
Member since
February 2016
On-time repayments
70 installments • 64%
About Me
My name is Daniel Boakye Yiadom. I am 31 years of age. l come from volta part of Ghana. l was brought up by my uncle. l could not make it in my education. l had interest in trade when l was young because l had to sell along the street on market days to be able to get enough money for school. l sold khebab during weekends. l have other half lovely siblings.
My aim is to look after my siblings to attain high level in education. l have come to know how vital is education. l hadn't the opportunity and the freedom to go to school. One way or the other , l hadn't given up to lackadaisical attitudes but worked very hard to make a living. l am glad today of my present state. Ability to come out from day to day basic financial wants. My business is able to cater for the whole family and for my siblings education.
My Business
I sell meat in the market. Cow and goat meat. My clients come from far and near. I buy from those who rear these animals on large scale. Clients come to buy from me for human consumption, mostly on occasions and also to resell. l do make hundred percent profit a day. l use part of the profit l make for savings specifically, 30%, 30% is invested into the business and 40% for upkeep of the family and my siblings school fees.
Loan Proposal
l want to use this loan to buy more goat and cow meat for resell. This will benefit my clients. Their regular demands will be satisfied. When demands of my clients are satisfied, my profit margin increases. l make enough money. I am able to save, cater for my family, invest back into the business and also able to invest into my siblings education.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$300.00
Date disbursed
Mar 2, 2016
Repayment status
On Time
Projected term
3 months
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