Stock for my provision store

Esther

Berekum, Ghana

100% repaid

Entrepreneur

Name

Esther

Member since

July 2015

On-time repayments

20 installments  •  30%

About Me

My name is Esther Pokuaa Benneh Senior. I was born in the year 1995, 21st February from a family of five of which two are boys and three girls. I was born and raised in Berekum municipality recently I stay at Alawa community a new site in Berekum where I engaged in small provision store after my secondary education at Hwidiem Senior Secondary School in the Brong Ahafo region. I could not continue to higher education due to financial difficulties that occurred in my family but cannot stay ideal so considering the people in my community finding it difficult to buy stuffs like Milo, milk, onion, cassava and many more I decided to put up this small provision store to ease their problem and to cater for myself as well as the family. I am a Christian by faith and I love children very much. I am not married.

My Business

The name of my business is Adom provision store. Adom Provision is small store located at Alawa community just opposite Alawa Rite Way Company Limited. In my store few items such as biscuits, chocolates, sardines, soaps, milks, toffees, toothpaste, all kinds of drinks, pens and pencils, exercise books, math sets, chalks including few food stuffs etc. all the students here come to my store to buy from me, parents come to buy from me and because the place is a new site am the only person to have open such a provision store they don't go to town again to buy things because everything that they need I have it. And this has reduce some of their burdens, thus reducing cost of their lorry fir, I chose this business because it moves fast in terms of selling and people also patronize it a lot. I started with initial capital of 300 dollars and now due to people moving in our area there is a need to expand the store to reach out to more customers to increase my profit. I am using this wonderful this opportunity to buy more provisions into the store in order to provide services to everybody in the community and get more profit and help my twin sister in her education. Thanks to all lenders for such an opportunity.

Loan Proposal

I will use the loan to buy more provisional items to stock my provisional store. I will buy items such as two box of sachet Milo 30 dollars, 10 bags of rice 30 dollars, sardine 15 dollars, books 10 dollars, pens and pencils 5 dollars and other items which sum up to 100 dollars. I will repay the loan from my daily sales which approximately 200 dollars a week. The loan will help me to expand my store which will increase my daily profit to about 10%. Thank you very much for your opportunity. I hope this proposal will take into consideration.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jul 29, 2015

Repayment status

On Time

Projected term

6 weeks

Other loans

Lenders

Paul Buchheit

Mountain View, United States

Roy

Espoo, Finland

Johannes Duerk

Bochum, Germany

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