Nails for a hardware store

Bismark

Techiman, Ghana

Funds disbursed

$0 to go

100% funded of $31 goal

0

days left

Entrepreneur

Name

Bismark

Member since

June 2018

On-time repayments

7 installments  •  86%

About Me

I am the first among five and from a God fearing family. I am an intelligent and clever both in school and in the business community. I had every support I needed in my early childhood days but everything changed when my dad went in for another woman.
Things became so difficult that I had to sell SIM cards and credit cards on the street to take care of my family. I was saving to start something on my own and I had a help from an old friend who supported me financially.
I moved from Kumasi to stay at Kintampo because it's a developing town with lot of opportunities. Kintampo is a farming community where most of the educated still farm on part time. After some time I realized most of the people had started building and so I decided to start selling building materials. I would also love to sell farming tools and equipments since farming is like a culture here. I am not married at the moment and have no kids.

My Business

Kintampo is a developing town where most are now building so building materials are the items most people buy so I sell building materials like oil paints and emulsion paints. I also sell nails of all inches and sizes. I sell pick axe and shovels. I have also started asking about cement sales since that is what the people buy most but I can start now since it demands a lot of money so I have decided to attach wood selling to raise enough capital to start the cement business.

Loan Proposal

I will buy nails of all kinds (concrete nails, ordinary nails and roofing nails). A box of ordinary nails cost 10 dollars, a box of concrete nails cost 20 dollars and a box of roofing nails cost 4.5 dollars. The purchase of these items will make me grow my business and keep my customers. My profit is expected to grow about 10 percent.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$31.00

Date disbursed

Sep 5, 2018

Repayment status

Late

Projected term

1 week

Lenders

Seppo Ruohonen

Vantaa, Finland

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