Name
Lucy
Member since
September 2016
On-time repayments
162 installments • 38%
My name is Lucy Adu a provision business woman living at Kumasi in Ashante Region.i live with my parents in the same house and i have two sisters and one brother and i am the last born of my parents.i could no able to continue my education to university level due to financial constrain of my parents.my dreams is to become a nurse in future but because of financial problems i could not achieve my dreams but provision business is another way to success in life.i like dancing, jogging, and singing.
I sell provision items such as milk,,biscuit,bread,rice and all kinds of canned and bottle foods,.Provision business is profitable and i really earn more profits especially during Christmas day many people in my community purchase their items from my shop. now my profit has increase by 42% .i wish to support two orphanage children for them to continue in their education in my community .i therefore use some of my provision store business profits to support but not enough .
My dear lenders i wish to apply for a loan of $200.00 to expand my provision store.When this loan is given to me i will use it to expand my store by purchasing more products to fill my shop .I will purchase products like ,margarine,cheese,tin tomatoes,coned beef which will cost me $110.00 and rest of the money which is $90..00 will also be use to purchase,bottle drinks and sachet water.It is my dream to sell more products to my costumers and raised enough profits to look after my family .When this loan is given to me it will increase my profit margin by 30% , so my dear lenders help me and will repay my loan on time.Thank you.
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Project Type
Classic Loan
Disbursed amount
$20.00
Date disbursed
Sep 27, 2016
Repayment status
On Time
Projected term
2 months
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