To help pay electrician's fee

Esther Gyamfi

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Esther Gyamfi

Member since

November 2020

On-time repayments

29 installments  •  48%

About Me

Esther Gyamfi is my name and I live with my mum as my father neglected us when we were young. Growing up was a little kind of tough even though life is full of obstacles but I managed to complete SHS. I'm now working hard to get money to further my education as my mum is old and cant work hard enough to cater for me and my little brothers. My mum weakness has made her to be staying in house and therefor i have to take care of provision store to enable the family survive. I am yet to marry and give birth. I used to play volley ball back at SHS.

My Business

I run a provision shop with all kinds of products like milk, sugar, milo, sardines, soft drinks and others. Within my area since all occupants cannot go to the market to buy all these kinds of items they solely depend on my store and services. I choose to invest in these kind of products because people depend on these foodstuffs on daily basis and it generate a lot of income. I use the profit i get from the sales of these products to cater for the family and save some for I want to go back to university someday and finish school.

Loan Proposal

I have bought enough sockets with the previous loan I took and would need this loan so that I can pay the electricians to fix the sockets for me in the shop. This will help me plug devices like fridges and other gadget s which which would store drinks and other products to be sold to my customers. With this I can raise enough profit to help my business and family .

Income Source

With the covid 19 protocols in place market is doing well nowadays. I would pay this loan from the daily sales and profit I make from the selling of products in my shop.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$23.21

Date disbursed

Nov 10, 2020

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $1.52

Credit risk payment: $1.27

Optional expediting fee: $2.28

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Tim

Utrecht, Netherlands

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