Purchase of inventory

Nafisatu Akinola

City, Ghana

54% paid forward

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How it Works

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.

Project Proposal

I will use the funds to purchase inventory for my shop which i normally do.The inventory for my shop will go a long way to improve my sales and also my profit margin.It will also assist me in opening up to new things which are available for me.

Feedback

Positive

Neutral

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Negative

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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.

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Svenip Jan 12, 2019

Fully repaid on time, well done!

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Project Info

Project Type

Pay It Forward

Disbursed amount

$207.01

Date disbursed

Jul 26, 2022

Cost to entrepreneur

Service fee: $28.87

Other projects

Backers

PaulE

Cockeysville, MD, United States

Krish

Dubai, United Arab Emirates

Charles Karanja

Rwathia, Kenya

Anonymous

United States

Joyce Saaneba

Techiman-bono East,ghana, Ghana

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Nafisatu Akinola Aug 19, 2022

I would be very happy if you could adjust my repayment amount for since this month is very slow in terms of sales.

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Nafisatu Akinola Jul 28, 2022

I received 1309 cedis from my investors.I bought inventory for my shop which i normally buy.I want to thank you for all the support you have given me all these while.

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Nafisatu Akinola Jul 26, 2022

I want to thank you for all your support you have given me over these years, i really appreciate it.I will buy inventory for my shop which i normally do and it will help me in raking in more revenue.Thank you very much and i really appreciate your effort on me.

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Nafisatu Akinola Jul 21, 2022

I want to thank you all for all the support you have given me all these while.The loan given to me had made a lot of difference in my life in terms of my profit margin.I have also taken steps to improve the details of my shop with the funds given to me and i will like to say a big thank you for the support shown me all these years.

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Nafisatu Akinola Jul 19, 2022

I purchased inventory for my shop and that investment had increased my earnings from 5% to 7% after tax.I have used the earnings to reinvest back into the business to make more money.I have been able to help people in my community by doing social responsibility for them.

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Nafisatu Akinola Jul 15, 2022

I would be very happy if you could help me reduce my installment amount because sales are very slow these days.Thank you.

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Nafisatu Akinola Jul 1, 2022

I would be very happy if you could assist me by reducing my installment amount since things are not going as planned.Thank you.

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Nafisatu Akinola Jun 17, 2022

I will be very happy if you could reduce my installment due to ill health.Will get back to ñormal when things are normalize. Thank you.

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Nafisatu Akinola Jun 3, 2022

I will be happy if you could adjust my repayment because sales for the past week has been very slow and i will be glad if you could help me with that. Thank you.

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Nafisatu Akinola May 19, 2022

Am changing my repayment schedule because sales are very slow and things are not moving as expected.Thank you.

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Nafisatu Akinola May 16, 2022

I want to use this opportunity to thank my lenders for been supportive of my business.I received 1269 Ghana cedis and also i used the money to buy inventory for my sbop which i normally do.I want to thank you for supporting my project.

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Nafisatu Akinola Apr 18, 2022

I want to thank you for the loan.I will buy inventory for my shop which i normally do and also it will help me in increasing my sales and revenue.I want to use this opportunity to thank you very much.

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Scotts5320 Apr 16, 2022

Nafisatu - I am impressed with your background and plans. I wish you good fortune. Best regards, Scott

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Antony Mwendia Apr 16, 2022

Congratulations I your business... Work hard to achieve your goals in future

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Kasuba Muchese Apr 15, 2022

Wish you all the best

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Mavis Amanua Ankrah Apr 14, 2022

Please use this funds to buy more provisions to grow your business

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Nafisatu Akinola Apr 13, 2022

I want to use this opportunity to thank you very much for all the support given to me.I have used the loan given to me to expand and also able to employ another person. I have also increased my earnings through my expansion.

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Nafisatu Akinola Apr 12, 2022

First and foremost, i would like to thank all those supported me in helping my business grow.I would like to say a big thank you to all of them.I have used the loan given me to expand my business and also employ two additional people.Looking forward to working with you and expanding my business to enable me employ more people.I wish to thank.you once again for your support and dedication to my business.

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Nafisatu Akinola Apr 9, 2022

I want to use this opportunity to thank you for all the support you have given me.I used the funds given to me to purchased inventories for my shop.The inventories i bought with the money made my earnings increased by 5% and i reinvested the money back into the business. I have been able to help my community by employing people in my community. I want to use this opportunity to thank you very much for the support given me all this time and i am very glad to be working with you.

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Nafisatu Akinola Apr 1, 2022

I want to use this opportunity to thank you for all the support you have given me and am really happy to be working with you. I used the money to purchase inventory for my shop and it has made a difference with how things are done in my shop.I have reinvested my earnings back into the business.I have increased my earnings by 5% even though things are very slow after the covid 19 pandemic. I have been involving in social intervention in my neighbourhood and am glad i want to help.I also want to use this opportunity to thank you very much for all you have been doing for me.

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