George Baah
Berekum, Ghana
100% repaid
Name
George Baah
Member since
October 2015
On-time repayments
180 installments • 68%
I am Baah George from Seketia.I have been in this town since childhood. My parents come from the same town.They were all farmers. I state with them till I reach Senior high school where I departed to stay at different place. I still remember my childhood, because of special training I received from my parents.This has helped me in life ever since.Thanks to all my family members especially my parents.
I started this business from a very scratched. I can now see how God has raised to a height. Different products are been sold in my shop.It has been a pleasure to be in this business. I have a fervent hope that, it will still be needed by people around me.Ever since I operated in this business, not even a day have I regretted. It is indeed good to be part of this.I will continue to do all my best to have a sustainable business.
This is how am going to invest the loan when given.I am going to buy 26 tins of milo costing 65 dollars, 4 packs of ideal milk costing 47 dollars,40 loaves of bread costing 30 dollars. I will also be purchasing 20 tins of nido milk costing 60 dollars, 10 k/g of Rice costing 70 dollars,2 packs of Yazz powdered soap which will cost 40 dollars,3 packs of Guinness (Can)malt costing 85 dollars. I will be buying 4 packs of tin tomatoes of 45 dollars, 3 boxes of geisha soap costing 85 dollars and 60 dollars of Satchet of powdered Nido,ideal milk and Milo.
People around my area will continue to buy from my shop without moving far to get such items for themselves.This will also increase my profit which will enables me pay my children's school fees and also feed my family.I expect my profit margin in this business to increase from 60 dollars to 75 Dollars within a week.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$576.08
Date disbursed
Jul 16, 2016
Repayment status
On Time
Projected term
4 months
Cost to entrepreneur
Service fee: $14.18
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