Provisions shop

David

Koforidua Adweso, Ghana

100% repaid

Entrepreneur

Name

David

Member since

February 2018

On-time repayments

15 installments  •  67%

About Me

Pomeyie David is my name . I come from Keta in the Volta Region in Ghana. But have stay in Koforidua from my infancy. I had my basic education at Trinity Presby Model in Koforidua, Then moved on to Ghana Senior High school also in Koforidua. Upon completing I futherd to Koforidua Technical University to read Purchasing and Supply.
I seek a lot of help from my mentor who motivates me, and to what ever goal I set, I press hard to accomplish.
At my leisure time, I like to read.

My Business

I am into the sale of provisions ( processed food stuffs , biscuits beverages etc) The goods are in demand because members of my community have a level of standard of living and have taste for such products.
I chose this kind of business because people always move long distances to buy such products and I saw the need to establish one at a vantage point to ease my neighbors from such stress .
Costing in the business include purchasing cost, transportation cost and overhead cost. And purchases from my customers are the main source of income.
I reinvest my profit to keep the business moving.

Loan Proposal

With this loan I am planning to make a metallic cage in which I will store my sachets of water to sell.
This will be beneficial to others because I will have the capacity to take in more water to serve the demand of my customers so to save them the time and energy to walk about 500 meters away from my shop to buy water.
I am expecting a profit increase of about 20 %.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$14.00

Date disbursed

Aug 3, 2018

Repayment status

On Time

Projected term

3 weeks

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$14.29

Amount remaining

$0.00

Date repaid

Sep 11, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 10, 2018 $4.91 Sep 11, 2018 $4.91
Aug 17, 2018 $4.91 Sep 11, 2018 $4.91
Aug 24, 2018 $4.48 Sep 11, 2018 $4.48

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