Provisional shop

Adobasom

Kintampo, Ghana

100% repaid

Entrepreneur

Name

Adobasom

Member since

May 2016

On-time repayments

187 installments  •  48%

About Me

My name is adobasom patience a business woman and native of Kintampo in the Brong Ahafo region of Ghana.I m 26years of age. I come from a family of six which i am the only lady among them.When I was a child at age 6, I use to sell pure water anytime I close from school at the market. This helped me to take care of my education.this is so because I lost both parents at a tender age. With little help from my brother,I was able to complete up to the secondary level of education. I was able to do some savings which I used to begin my provisions shop and with injection of small profits that I made, help me a lot. In fact, the peoples in my town are so caring and peaceful co existence is the least to mention.I started my business with an amount of ghs 100. In fact I will want my child to be a lawyer or doctor in the future of which I will be grateful. My favourite hoby is playing volley ball.I like it because when I was in the secondary level school, I normally involved in playing volley.

My Business

My provisions shop was started on a table top. I sell items such as milk, millo, tin tomatoes, rice, different kinds of soaps, mackerel different kinds, batteries, sugar etc. Demand for these items are high because people need them day in and day out. In fact,these items form part of the basic necessity of life and so high demand for such products. I choose these type of business because I develop the interest of selling back at primary school when I use to sell pure water. More also,there is high demand for such products.it can also stand in the test of time.it does Not get spoil when kept for long time. It cost me ghs1000 when I'm buy new inventories. My expected revenue is around ghs180. I normally plough back the profits.

Loan Proposal

I want to buy new inventory into my provisional shop. Items such as
Sugar-ghs100
Tin tomatoes- ghs50
Rice mini bags -ghs200
Makerel- ghs50
Milo-ghs36.
If this loan is granted,it go long way to increase my inventory. I will be able to meey my customers demand. It wil go a long way rise my profit margin which will subsequently increase my living condition as well as helping my family.
I expect my profit increase from ghs100 to ghs150 if this loan granted

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

May 28, 2016

Repayment status

On Time

Projected term

7 months

Lenders

A

Anonymous

United States

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