Loan to purchase home-supply goods to resell

Kwadwo

Berekum, Ghana

100% repaid

Entrepreneur

Name

Kwadwo

Member since

May 2016

On-time repayments

166 installments  •  31%

About Me

I am Ofori Kwadwo from Berekum municipal assembly in the Brong Sharp. I'm thirty years old. I am the first born to Mr. Ofori Yeboah Samuel and Mrs. Martha Ofori. I am dark in complexion and about 5.8 feet tall. I attended Berekum SDA mission school.
I'm now selling home goods. I was introduced into the business by a friend. He gave me GHS 700 for a start.

My Business

My business is located in the same town where I am staying. I deal in home supplies, mostly selling used electrical irons, laptops, and televisions. The people in my town like these items and it makes business move every day. In certain weeks, I gain about 8% to 15% increase in income. The business is lucrative and I cherish it most. Sometimes, I get enough money to feed home and pay my brother's school fees.

Loan Proposal

When the loan is offered me, this is the way I will invest the money.
I will buy three bales of home used clothing which will cost about 238 dollars and I will also purchase cables for laptop charging which one cost 14 dollars and I will purchase six of them.
I also have some fridges and televisions which I will send for maintenance and the fee will also cost 80 dollars.
When these items are received my customers can now purchase many items and it will give rise to income of 10% weekly and it will add value to my shop too.
I can now employ one person added to me so that he shall also receive some token for shelter.
Not forgetting Zidisha loan and family members I will also serve some of their needs too.

Show original English  

About Me

I am Ofori Kwadwo from Berekum municipal assembly in the Brong Sharp. I'm thirty years old. I am the first born to Mr Ofori Yeboah Samuel and Mr's Martha Ofori.
I am dark in complexion and about 5.8 feet tall. I attended Berekum SDA mission school.
I was introduced into the business by afriend.
He gave me Ghs 700 for a start. I'm now into selling of home goods.

My Business

My business is located in the same town in where I am staying.
I deals in home supplies mostly selling of home used electrical iron, laptops, television.
The people in my town like these items and it makes business move everyday.
In certain week i gain about 8% to 15% increase in income.
The business is lucrative and I cherish it most. Sometimes I get money to feed home and my brother's school fees.

Loan Proposal

When the loan is offered me, this is the way I will invest the money.
I will buy three bales of home used clothing which will cost about 238 dollars and I will also purchase cables for laptop charging which one cost 14 dollars and I will purchase six of them.
I also have some fridges and televisions which I will send for maintenance and the fee will also cost 80 dollars.
When these items are received my customers can now purchase many items and it will give rise to income of 10% weekly and it will add value to my shop too.
I can now employ one person added to me so that he shall also receive some token for shelter.
Not forgetting Zidisha loan and family members I will also serve some of their needs too.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$393.00

Date disbursed

Sep 3, 2016

Repayment status

On Time

Projected term

4 months

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

The Zinc Team

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

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