Materials

Nathaniel Hormeku-ajei

Accra, Ghana

100% repaid

Entrepreneur

Name

Nathaniel Hormeku-ajei

Member since

February 2021

On-time repayments

54 installments  •  100%

About Me

I'm a 43 year old father of three,
married,with a passion for entrepreneurship and a background in sales and marketing

My Business

I produce a beverage called iced kenkey and distribute it to campuses and some selected stores. The goal is to raise funds to buy a distribution van and tricycles to expand our market reach.

Loan Proposal

Will buy some materials needed for production of the beverage and labels for marketing purposes. It's my belief that with the gradual easing of restrictions there will be more people to reach out to sell to

Income Source

Since it's a food and the demand for food is always high it is not difficult to repay. Also it's produced per demand

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$31.99

Date disbursed

Mar 21, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $1.14

Credit risk payment: $2.28

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$31.99

Amount remaining

$0.00

Date repaid

Mar 27, 2021

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 31, 2021 $31.99 Mar 27, 2021 $31.99

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