Baffowaa
Fadama, Ghana
100% repaid
Name
Baffowaa
Member since
October 2016
On-time repayments
135 installments • 39%
My name is Baffowaa Constance.I am 23 years of age.I have completed my senior high school education and pursuing a program at the nursing Training college.I had the dream to study at a nursing Training after my high school because the people in my community cherish that most.Anything concerning health is a priority in my community.My children will want also to be nurses and doctors as the trend starts in the family.I like reading and watching movies.
I sell health and beauty products, and beverages. I have sold these health products for quite a long time till now.I chose to embark on this business because it has to do with my program pursuing at the nursing Training.Again, a lot of people in my community have health issues so at times they try to look for what is outside the prescribed.I use my profit for reinvestment and payment of school fees and loans.Thank you.
If am granted this loan, I will be able to pay my semester fees and also stock my drug store for my business that will help me make more sales and get identification easily. To open a drug store, I will start with $300 for rent and deposit and every other month, I will be paying $50.
I also want to spend the rest of the balance to advertise my business. I will do online marketing mostly to drive traffic to the business. Advertising costs will be $300 for a year.
When the store is established and advertisements are done, I expect to be making a profit of between $400 to $600 per month.
This will uplift my living standard in that I will be able to give my younger child a better education and with time I can buy a piece of land where I will build a family house.
I thank you very much my dear lenders and I will never let you down.
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Project Type
Classic Loan
Disbursed amount
$20.00
Date disbursed
Nov 4, 2016
Repayment status
On Time
Projected term
3 months
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