Bismark
Kumasi, Ghana
$0 to go
100% funded of $22 goal
0
days left
Name
Bismark
Member since
January 2018
On-time repayments
28 installments • 25%
I started my childhood education at Knust primary. When I started school,things were all going on as in the course of the schooling my father lost his job and as a result lead to financial problems in the house as a result affected my education. I had to struggle sometimes before I could get money for school. This went on gradually and I was able to complete my SHS level. Afterwards, I couldn't continue to the tertiary level so I started with pity trading as I save out of it to start a provision shop of which I am currently working.
I provide goods like soft drinks, milk, tin of milo, soaps, biscuits, bread for people to come in to purchase for consumption.
They are useful in demand , these things are always needed in the human life so people are timely topping in and out in buying and asking of one thing or another.
A tin of milk is 3cedis, milo-15cedis soaps some are 2 or 3cedis depending on the choice of the customer. The typical cost of revenue for now is 10percent as I wish to be increasing with time
.When i am granted this loan, i wish to buy more biscuites, soft drinks,milks to fill my provision. These goods and commodities are very essential to the life of human and due to this there high in demand if these things. The price of a pack of discuite is
is 30 cedis and that of a milk is also 40 cedis. I will the rest of the money to buy other stuffs that will be needed.
I expect my profit margin to be increase by 15%. I will use the interest gain to reinvest into my shop
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$22.00
Date disbursed
Mar 12, 2018
Repayment status
Late
Projected term
4 months
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