New stock for my provisions store

Rene Gyimah

Odumasi, Ghana

100% repaid

Entrepreneur

Name

Rene Gyimah

Member since

August 2015

On-time repayments

145 installments  •  71%

About Me

I was born into a family of six and my childhood was filled with going to farm and trekking long journeys to school . I am a teacher after completing teaching college . Going to school was a hurdle as none of my siblings went to basic school. I had to fetch and sell during weekend and after school to survive with my school fees. The provisions started when I was posted to a village and it was hard getting milk and sugar to buy because I've to walk to another village for it. It was just a table top business but later saved and expanded to this level through prudent measures I put in place
I want my children to enjoy a childhood of happiness and have peace to pursue their education they can
I'd like this business to flourish into a bigger one where I would be a main distributor of provisions in my district one day. my hobbies are watching football and singing

My Business

I provide gari,sugar,bebe drink,milo,milk,salt,maggie cube,milk powder,toilet roll,pen,pencil,eraser,chalk,diapers,insecticides,sachet and mineral water, sharpener,toffees,blade,disposal razor,airtime credits and sardines. These are aome of the things i sell and when demand increases i may buy what is needed. Since my money i meagre i usually run out of stock and spend money to pay for transportation which all goes against the business.
Business is good here and revenue per week is about eighty Ghana cedis and the profit is reinvested. My business is in good standing since everything is written down. I use my profit to reinvest in my business

Loan Proposal

if I am granted this loan, I'll buy bathing and washing soap which I sell but can't meet demand for them. there has been some 1Ghs soaps which are very much in demand and people keep on coming to check whether I've some but I couldn't buy more. I want to buy a box of Aqualis soap which goes for $12and also two boxes of guardian soap which cost $20.I also need Geisha soap which half box goes for $12. It'll reduce the number of times I travel and also my customers can rely on me to cater for their needs and avoid them going long distances for these stuffs. thanks

Feedback

1

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  • djkmoran    Aug 1, 2017

    Congrats on repaying your loan. I wish you all the best for you and your business.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$44.00

Date disbursed

Jan 5, 2017

Repayment status

On Time

Projected term

3 months

Lenders

MakeSense

-, St. Kitts and Nevis

David McLauchlan

Seattle, United States

Shane Bugeja

Mankato, Minnesota, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

S

Sarah

Arlington, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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