Re-energize my provision shop

Azaah Rose-anita

Kintampo, Ghana

Funds disbursed

$0 to go

100% funded of $110 goal

0

days left

Entrepreneur

Name

Azaah Rose-anita

Member since

December 2017

On-time repayments

21 installments  •  38%

About Me

My childhood wasn't rossy because I grew without my mother and 6 step siblings. I slowly but surely overcame extreme hardship by persistent determination and hard work. My country and land is unique because of its rich natural resources, culture and hospitable people. I want my children to be educated to the highest level in academia. Having that, my unique hobby is cooking.

My Business

I operate a provision shop and focuses mainly on soft drinks, canned foods, sachet and bottled water, and other groceries. I opted for this trade mainly because a earn just enough to take care of my family. I usually spend about GHc. 1,200.00p every week in procuring new items and realize an income of GHc. 200.00p respectively. I generate revenue from the sale of the items and spend the revenue on purchasing new items. The profit or income generated is used for taking care of my children in school, family and reinvesting in my grossery shop business so that it stand the test of time.

Loan Proposal

I'll procure new items with 185 dollars to restock my provision shop with regards to all the items I deal in. This will help re-energize my shop, sustain and expand my business as well as increase my revenue or profit margins. This will also help me serve my customers better and satisfactorily than before. Finally I expect to increase my profit margins from 68dollars to 76dollars every week.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$110.28

Date disbursed

Mar 19, 2018

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Service fee: $3.04

Credit risk payment: $6.20

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