For rice, oil and sugar sales

Edward Acquah

Accra, Ghana

3% repaid



Edward Acquah

Member since

February 2020

On-time repayments

89 installments  •  52%

About Me

Hi, I am 29 years of age , completed Accra Technical University three years ago and it has been my dream to establish my own business, so I started selling(yeast , baking powder , bedspread and producing my other products(liquid soap, disinfectant and bleach) using my Dad business to sell,but I now want to expend it and do others ,so I am applying for capital loan to top up my business.

My Business

Is a buy and sell business that I always have to have Money ready to buy my goods at any affordable price given, when business is good I make about 2000 in a month.and because is not every I get orders for the what I produces my income is not fixed in a week or month.

Loan Proposal

As i have already stated in my bio, I sell sugar rice oil and other food products and do supply as well, though COVID is real but this has really increased the demand of food items and I need this money to do more of my business

Income Source

Yes ! Every thing has two side effect, COVID 19 really affected some business and even bank sectors but with this kind of business I do I had the opposite side of it which really helping me





Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

May 8, 2021

Repayment status


Projected term

6 months

Cost to entrepreneur

Service fee: $40.52

Credit risk payment: $162.19

Optional expediting fee: $81.03


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