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.
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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
Other loans
Lenders
United States
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