Purchase of inventory

Nafisatu

City, Ghana

100% repaid

Entrepreneur

Name

Nafisatu

Member since

August 2018

On-time repayments

174 installments  •  93%

About Me

I am Nafisatu Akinola.I manage a retail shop in Accra.I hold a certificate in Accounting(ACCA).I would be very happy if I could get investors who will invest in my business and also to expand it.With the expansion,I will employ two more people to help me manage it,that's one in the morning and the other in the evening,so as to increase my profits and also be able to pay back the money to my investors.I hope I have been able to give you enough reason to invest in my business.Thank You.

My Business

My line of business is in retailing of provisions.Most of the items I retail are mostly provisions which are everyday consumables.Some of the things I retail are milk,sugar,Milo,biscuits,soaps,detergents,disinfectants,children's food(cerelac,yumvita etc)tooth brush,tooth paste etc.I started with funds I raised working as an account officer with Laak Consult Limited(I.T firm)With the expansion,I will also employ an account officer to keep records of the goods so that I will be able to pay the investors on time.Thank You.

Loan Proposal

PURCHASE OF GOODS SUCH AS PROVISIONS WHICH INCLUDES MILK,SUGAR,RICE,OIL,BABY DIAPERS...ETC WHICH I WILL STOCK MY SHOP WITH.SINCE I WILL BE BUYING IN BULK DISCOUNT WILL BE GIVEN AS WELL AS EMPLOYING TWO MORE HANDS TO ASSIST ME IN RUNNING THE BUSINESS.
I AM EXPECTING MY PROFIT TO INCREASE MY 20% WITH WHAT I INTEND TO DO SINCE I WILL BE BUYING THE GOODS IN BULK AND DISCOUNT WILL BE GIVEN .

Feedback

2

None

None

  • David    Sep 16, 2020

    Loan was originally scheduled to four weeks. Some issues were explained on the discussion page and regular payments completed the loan in 10 weeks. Good luck with your business.

    Log in to reply • Share
  • Svenip    Jan 12, 2019

    Fully repaid on time, well done!

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$1.00

Date disbursed

Aug 16, 2018

Repayment status

On Time

Projected term

2 weeks

Lenders

DY

David Yang

Vancouver, Canada

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Summary

Amount repaid

$0.85

Amount remaining

$0.00

Date repaid

Sep 1, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 25, 2018 $0.43 Aug 25, 2018 $0.43
Sep 1, 2018 $0.43 Sep 1, 2018 $0.43

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