Rice, cooking oil & sugar for grocery shop

Ernest Asare

Tema, Ghana

3% repaid

Entrepreneur

Name

Ernest Asare

Member since

March 2015

On-time repayments

153 installments  •  32%

About Me

I grew up in the Capital City of Ghana in a suburb called North Kaneshie. I attended Eton International School during my elementary years and then continued to Kaneshie Secondary Technical School, for my secondary education. I had the chance of working for some reputable organisations such as Guinness Ghana Limited and Unilever Ghana Limited for three years. I continued to the tertiary institution to further my education by studying marketing as a result of the exposure i had in working with Guinness Ghana Limited and Unilever Ghana Limited. With the knowledge and experience earned, i decided to use my marketing background to start my own business and to grow it gradually. By God's grace this dream is being realized.

My Business

I started a business in 2014. It is a provision shop where i sell things like cooking oil, eggs, wines, canned products, spices, honey, etc. I am seeking to expand it and eventually open up other branches in different locations. I decided to venture into this kind of business. I started this business with 10,000 Ghana Cedis. My daily revenue is 200 Ghana Cedis averagely. The profits earned is reinvested back into the business.

Loan Proposal

Adding these items to my stocks will greatly increase my earnings. My community is also a bit far from the market so such items come in handy to the people in my area.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$796.00

Date disbursed

Nov 23, 2017

Repayment status

Late

Projected term

22 months

Lenders

PG

Paul Graham

United States

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