Inventory for my provisions shop

Nafisatu Akinola

City, Ghana

100% repaid

Entrepreneur

Name

Nafisatu Akinola

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

I will buy inventories for my shop as i have been using the money to buy and also it will benefit myself and the people around me since as the business grow,i get to employ more people into the business and earn more.I am expecting my business to grow by 5% if things go as expected.

Income Source

As i stated earlier,i have been in the retail business for a while now ,so i know what moves and what does not move during this economic climate.I always put things into perspective when taking decisions and putting them into consideration,therefore i am able to pay my loan on time.Thank You.

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

$161.51

Date disbursed

Aug 13, 2020

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $11.02

Credit risk payment: $9.88

Lenders

MarktheMormon

Sandy, Utah, United States

Franmiguel

Perth, Australia

Ren

Minneapolis/StPaul, United States

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