Poco a poco shop

Asare

Dormaa Ahenkro_ghana, Ghana

100% repaid

Entrepreneur

Name

Asare

Member since

July 2016

On-time repayments

164 installments  •  51%

About Me

I hailed from a small village called Nsu-Nia. Even though my parents were peasants, they managed to raise a loan for me and I built a container store. Once I had junior brothers and sisters, there was the need for me to work hard to fend for them and their education as well. My mates who had their parents doing well in their businesses went to the University. With the container store I built, I began selling tin tomatoes, milk, pure water, polythene bags, sugar and some toffees.
Nsu-Hia is a village which is near the virgin forest so most of the men are hunters. Bush meat is common in this community. Most of the natives are peasants. Others grow cash crops, for example cashew nuts, coffee and cocoa. Most of the food crops that they produce are transported to the Dormaa municipality for sale during the general market on Tuesdays. My children have proposed that they want to go to University and, after that, they will be lawyers.

My Business

I sell general goods like tin tomatoes, sugar, soaps - in fact, any item that my customers would request. I make a minimum sales of GHC 300 a day. In some other days, especially market days, my sales are doubled. It is my plan to obtain a new shop so that I can put part of my goods there and employ someone else.

Loan Proposal

I will us part of the loan to buy more items to stock my shop. These include,Tin tomatoes $25,Milo $35, sugar cubes $30 laser blades $25 can minerals $45. Soap $50. These items if bought will yield some profit to enable me to pay some school feels I owe. This will at least yield an interest of about $50.

Show original English  

About Me

I hailed from a small village called Nsu-Nia. Even though my mum was a peasant farmer and my dad was a teacher and still teaches, managed to raise a loan for me and I built a container store. Since I have junior brothers and sisters, there is the need for me to work hard to fend for them and their education as well. My mates whose parents are rich went to the University. With the container store I built, I began selling tin tomatoes, milk,pure water, polythene bags,sugar and some toffees. Nsu-Hia is a village which is near the virgin forest so most of the men are hunters Bush meat is common in this community. Most of natives are peasant farmers. Others grow cash crops, example cashew nuts, coffee and cocoa..Most of the food crops that they produce are transported to the Dormaa municipality for sale during the general market on Tuesday's. My children have proposed that they want to go to University and after that they will be lawyers.

My Business

I sell general goods like Tin Tomatoes, sugar, soaps. In fact, I have so many different items in stock for sale in my shop. I make a minimum sales of ghc300 a day. In some other days especially market days, My sale is doubled. It is my plan to obtain a new shop so that I can put part of my goods there and employ someone else to assist me in the business. The most fortunate aspect of my business that make it prosperous is that I'm close to the Senior High School in town so petty items they need are all bought from my shop. My dad who is a tutor at the school usually promote me on some few things that students would need and this has helped me a lot in my business.

Loan Proposal

I will us part of the loan to buy more items to stock my shop. These include,Tin tomatoes $25,Milo $35, sugar cubes $30 laser blades $25 can minerals $45. Soap $50. These items if bought will yield some profit to enable me to pay some school feels I owe. This will at least yield an interest of about $50.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$9.00

Date disbursed

Aug 5, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

NH

Nancy Hull

United States

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