Opening a new grocery shop

Daniel Sam

Takoradi, Ghana

50% repaid

Entrepreneur

Name

Daniel Sam

Location

Takoradi, Ghana

On-time repayments

13 weekly installments  •  100%

About Me

Sam Daniel is my name a a young business gentle man of age 24. I am also a high school graduate from Asankrangwa senior high school. Also serves as a child activist, that is fighting for the right of every child in my community and the wild at large. I also returns my profits I earn from my bussiness to equally support my junior siblings to become good and useful to Ghana and the world at large through education.

My Business

My business is all about food and beverages That is mostly, the selling of bread, peanuts and some covid-19 materials. This business has been existence almost 8years with customers from Ivory coast . Due to the nature of my business I sometimes even does exchange of CFA into cedis. Because of the Ivory coast customers . The source of my income mostly comes from the selling of bread, the peanuts, the face shield and some times in the exchange of the CFA into cedis.

Loan Proposal

Sam Business community is an avenue where I mainly deal in the selling of Bread and Peanuts as well as other covid-19 items such as nose mask, face shield and handsanitizers.

In as much as we being a state of global pandemic Sam Business community has been an exception to the service and delivery to my customers .

Due to the georaphical location of the business people in the near by community has require that I get a new shop in the near by community so that my service to the will be facilitated.

I will appeal to lenders in community to support me with loan to able to put a structure so that I can stock the shop with bread, peanuts as well as these covid-19 items to facilitate the services of my business to some other communities , not only the community alone but also to institutions like schools who employ my services to supply them with bread and peanuts for their pupil.

In a way of creating employment to the younger youth who have the passion to engage in business.

Income Source

Basically aside my business I also does the exchange of CFA into cedis so the income that I will generate from these two areas of my business I will use it to be paying the loan.

Feedback

None

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Lenders

Rosella

Australia

Stefan Koshold

Mülheim,  Germany

Vratik Krocik

Prague,  Czech Republic

Emma

Australia

JessieD

Alexandria, Va,  United States

IM

Isak Maaseide

Tromso, Norway,  Norway

M

Michiel

Zoetermeer,  Netherlands

B

Berni

Germany

KM

Kirk Moore

Cerdanyola del Vallès,  Spain

Show all

Loan Info

Disbursed amount

$466.98

Date disbursed

Mar 23, 2021

Repayment status

On Time

Projected term

6 weeks

Cost of loan

Service fee: 5% of $466.98 = $23.11

Credit risk payment: $74.08

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