New items for my provision shop

Prince

Kumasi, Ghana

100% repaid

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

The loan will used to purchase new a really demanding items to fill the shop.
A tin of milo=ghc 15
A tin of milk=ghc3
A loaf of bread=ghc 5
A box of sugar =ghc 5
It is going to increase my profit since the demand for those items is very high and others are going to always get what they demand for since I have them in stock
I expect my profit to increase by at least 10%

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$21.00

Date disbursed

Jan 11, 2018

Repayment status

On Time

Projected term

4 weeks

Lenders

Paul Buchheit

Mountain View, United States

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