Daniel
Kumasi, Ghana
100% repaid
Name
Daniel
Member since
January 2015
On-time repayments
39 installments • 36%
My name is Daniel Yeboah. I am 27 years of age and reside in Kumasi of Ashanti Region, Ghana. Daniel is from a substitence farming family of 7 siblings and the second male child with father farmer and mother petty trader. As a son of cocoa farmer all could reached in education was Junior High level.However, to make a livelihood was difficult therefore i received help from a neighbour to have a mini shop to sell basic food items.The business since then is progressing steadily and now I'm responsible for my up-keep and furthermore my brother is back to school who dropped out because of tuition fees. Is my deepest desire for my sibling also to attain education that'll put them on top in life.
My business is selling basic items everybody needs on daily bases in typical Ghanaian community. Is a mini shop with items such as milk, sugar, bread, detergents, toiletries, caddies.etc. Is a business that needs stocking almost every day and huge capital in order to meet demand all the time.Customers are turn away because demand for these basic needs are always high and my capital too is small so items are always in short supply.The shop is sited in a populated community were demand is always high so profit is based on items available to meet demand. I need big amount of money to expand and add more goods to meet growing demand. This loan would help add more goods to meet demand.
The Loan will be use to expand shop by adding:
Lamps (small, medium and big sizes) 5 pieces each
Also, buy these high demand goods for restock:
Ideal milk ( Small & Big Sizes) 3 boxes each,
Peak Milk 2 boxes,
Carnation Milk 2 boxes,
Washing Powder( Yess) 2 Boxes
Washing Soap( Key Soap) 1 Box,
Bathing Soaps( Medi soft, Geshia, rexona, Dettol ) 1 Box each
Toilet Rolls( 4 diff types) 1 pack each
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$87.00
Date disbursed
Aug 25, 2015
Repayment status
On Time
Projected term
6 weeks
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