Rice and maize flour for grocery shop

Effah

Techiman, Ghana

20% repaid

Entrepreneur

Name

Effah

Member since

January 2018

On-time repayments

27 installments  •  85%

About Me

I am the 7th born of my parents. leavin in village called Tanoso. When I was 6 years Imoved to my uncle in Techiman to continue my education at the primary 6. When I close from sch I go to street to sell pure water before getting my pocket money . All because my mother and father were all old and cannot go to farm again. I start saving small small from the pocket money my uncle give me.so I start the businesse from the savings I made. I like singing and reading. My son told me he want to become an electrician, so am trying my best to give him good education. Our land is fertile for growing food.

My Business

Is a provision store. I sell oil, rice, tomatoes and drinks. Is all about the food we eat. When all money you have is one pessewa first thing to think of is food.I choose this business because food selling goes faster.I use my profit my child education and reinvestment of my business. For my home improvement is very poor.because of the income. Because my capital is small

Loan Proposal

I will still buy items of rice, oil, soaps , milks to fill my shop so that I sell to get profit. Which all will be 490 dollars.when I buy this items and sell including those I dont sell in shop, I will get more customers and my profit will increase. With this I can take good care of my family.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$38.00

Date disbursed

Jul 20, 2018

Repayment status

Late

Projected term

5 weeks

Lenders

Cloudways

Malta, Malta

KA

Kate and Tom

United States

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