Rejuvinate my business

Dominic

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Dominic

Member since

November 2017

On-time repayments

24 installments  •  42%

About Me

My childhood was a challenging because I was born in family with 8 other siblings from two different mothers. I overcame all the hardship by continuously motivating myself intrisically that one day everything is going to work. My country and land is unquie because of the rich culture and our hospitable nature. My children want to be literates in future. Finally my unique hobby is playing table tennis.

My Business

I am a provision shop operator who primarily focuses on canned food items, sweetened drinks, bottled water and other groceris. I primarily choose this trade because I earn just enough to take of my family. I often spend abot GHc 1000.00p every week in purchasing new items and realise an income of GHc 250 respectively. The income or profit generated is used for paying my children school fees, taking care of my family and reinvesting in the provision shop business for its continuous sustainability.

Loan Proposal

I will buy new items with about 167 dollars to revamp my provision shope with regards to all the things I sell in my shope. This will help sustain, revamp and expand my business as well increase my income and profit margins. It well also help me serve all my customers better than what am currently doing to their satisfaction.
Finally I expect to increase my profit margins from 56 dollars a week to 78 dollars a week.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$64.00

Date disbursed

Nov 29, 2017

Repayment status

On Time

Projected term

3 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$61.00

Amount remaining

$0.00

Date repaid

Feb 23, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 8, 2017 $4.44 Dec 1, 2017 $4.44
Dec 15, 2017 $4.44 Dec 1, 2017 $4.44
Dec 22, 2017 $4.44 Dec 1, 2017 $4.44
Dec 29, 2017 $4.44 Jan 5, 2018 $4.44
Jan 5, 2018 $4.44 Jan 5, 2018 $4.44
Jan 12, 2018 $4.44 Jan 5, 2018 $4.44
Jan 19, 2018 $4.44 Jan 5, 2018 $4.44
Jan 26, 2018 $4.44 Jan 5, 2018 $4.44
Feb 2, 2018 $4.44 Feb 23, 2018 $4.44
Feb 9, 2018 $4.44 Feb 23, 2018 $4.44
Feb 16, 2018 $4.44 Feb 23, 2018 $4.44
Feb 23, 2018 $4.44 Feb 23, 2018 $4.44
Mar 2, 2018 $4.44 Feb 23, 2018 $4.44
Mar 9, 2018 $3.33 Feb 23, 2018 $3.33

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