Nails for a hardware store
Bismark
Techiman, Ghana
$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.
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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
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Lenders
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Julie Sep 22, 2018
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