Purchasing some home goods to fill my shop

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 this loan is offered to me I will purchase twenty home used iron which will cost 76 dollars and buy cables and desktop accessory which will also cost 30 dollars and use the remains to buy some blenders to be put into the shop.
When these items are gotten I will get an income rise of about 10 percent rise in a weekly sales.
I will use some of my income to repay the loan and use some to pay for my utility bills and use some for savings 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 this loan is offered to me I will purchase twenty home used iron which will cost 76 dollars and buy cables and desktop accessory which will also cost 30 dollars and use the remains to buy some blenders to be put into the shop.
When these items are gotten I will get an income rise of about 10 percent rise in a weekly sales.
I will use some of my income to repay the loan and use some to pay for my utility bills and use some for savings too.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

May 27, 2016

Repayment status

Late

Projected term

2 months

Lenders

Craig Newmark

United States

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