Entrepreneur
Name
Prince
Member since
December 2017
On-time repayments
92 installments • 49%
About Me
My name is Prince Opoku Adjei. I started my childhood education Good Shepherd School. When i started school, things were not that easy for my family as they had to struggle a lot before raising some money for me to go to school. This continued for sometime and had to support myself as my education meant a lot to me. I joined a friend to my family in a small shop for selling all kinds of groceries and snacks. I did this for sometime and the money raised was used to support my education till i graduated from Junior High School. After school, things were not still easy, i had to stay with my aunt who owned a big super market as sales boy and she was offering me some some amount of money after every week
My Business
I provide goods like a tin of milo, milk, bread and a whole lot of things need for human consumption. These are useful because they are the basic daily necessity of life. Everyday, there should be something that goes into the human system for that reasons there is always a demand of something from my shop.
I chose this kind of business because it is highly demanding and profitable. I wish to use the profit gain from this to reinvest into my business so as to increase my profit margin to make a living.
Loan Proposal
My previous loan was used to purchase soft drinks and as I indicated earlier sales was very good but there were some cases I had shortages of those products so I need to purchase more of them to avoid shortages.
Coca cola =4 creates ghc20 each
Malta guiness=2 creates ghc35 each
Fanta. =2 creates ghc 20 each
Sprite =2 creates ghc 20 each
With these I expect my profit to increase by at least 10%
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$45.00
Date disbursed
Apr 8, 2018
Repayment status
Late
Projected term
20 months
Other loans
Lenders
Germany
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