Replacing roofing sheet of the 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 replace the roofing sheet of my store. It has holes in them and when water drops from the ceiling of the store. Replacing the roofing of the store would help me to work within a good environment and prevent other products which spoil at a result of droplets from the ceiling. Clients who purchase from my store would also be happy to enter shop and buy anything they want without any inconvenience cause by the rain and that would enable me raise more profit.

Income Source

Sales are good nowadays as people troop in out to but provisions and other foodstuffs for their wards and love ones. this makes us sell alot and in return earn profit which will be able to pay this loan without any default .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$137.39

Date disbursed

Nov 18, 2020

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Service fee: $9.88

Credit risk payment: $8.99

Lenders

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