Restaurant business

Martha

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Martha

Member since

March 2017

On-time repayments

54 installments  •  9%

About Me

I was living with stepmother at berekum I used to sell cassava before I could get money to feed myself . later on my father sent me to my auntie to live with her at krobo . They are usually into farming. I like singing. Am not yet married now in level 100 in the university. I started my own business by selling exercise books and pens .I like playing tennis and to sing as well...play ampe and oware too

My Business

I sell exercise books and pens, one exercise book from the wholesale is 0.80pesewas and I sell it at1Gh CEDI's which I gain a profit of 0.20pesewas on each book.since I live close to a school students usually buy them but now the competitors are high and the profit I gain can't cater for my school..I also sell yoghurt to people which I gain 40pesewasa as my profit..The wholesale price is 60pesewas and I sell the yoghurt for 1cedi.I also sell bread at 2cedis and I gain a profit of 80pesewas from each bread I sell because the wholesale is 1.20pesewas and the profits I gain cater for my house rents and electricity bills and water bills plus my rent and other miscellaneous expenses

Loan Proposal

I expect my profit to increase tremendously and also overcome my losses...so I wish if the money could be increase small to help me with my food business... Will be buying a container,,chairs,,tables,,and utensils and other food items to start for my restaurant business...its gonna create a big tym opportunity job for me and others as well...those who are going to work with me. So they can also get some money to solve demselves out

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$2.00

Date disbursed

May 18, 2018

Repayment status

On Time

Projected term

1 week

Lenders

JimVandegriff

Trinidad, California, United States

RM

Roddy Murray

United Kingdom

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