Repairing of sockets in store

Esther Gyamfi

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Esther Gyamfi

Member since

November 2020

On-time repayments

29 installments  •  48%

About Me

Esther Gyamfi is my name and I live with my mum as my father neglected us when we were young. Growing up was a little kind of tough even though life is full of obstacles but I managed to complete SHS. I'm now working hard to get money to further my education as my mum is old and cant work hard enough to cater for me and my little brothers. My mum weakness has made her to be staying in house and therefor i have to take care of provision store to enable the family survive. I am yet to marry and give birth. I used to play volley ball back at SHS.

My Business

I run a provision shop with all kinds of products like milk, sugar, milo, sardines, soft drinks and others. Within my area since all occupants cannot go to the market to buy all these kinds of items they solely depend on my store and services. I choose to invest in these kind of products because people depend on these foodstuffs on daily basis and it generate a lot of income. I use the profit i get from the sales of these products to cater for the family and save some for I want to go back to university someday and finish school.

Loan Proposal

I need this loan to repair the sockets in my store. the sockets and old and overused with some not working at all. this prevent us from using refrigerator at and other gadgets which could have helped us to store soft drinks which is normally purchased by our customers. Repairing them would help us to use fridges which could store other products to be sold to our customers and would generate profit for my benefit.

Income Source

we have been doing this provision shop for quite along time now and have built strong relationships with our neighbors. this store helps alot in my community and gives us enough profit to pay for this loan on daily basis.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$13.55

Date disbursed

Nov 8, 2020

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $0.89

Credit risk payment: $0.38

Lenders

CN

Craig Newmark

United States

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