Selling cooking oil, perfume rice, milo, mosquito reparants,

Satina Amoah

Bibiani, Ghana

100% repaid

Entrepreneur

Name

Satina Amoah

Member since

March 2017

On-time repayments

111 installments  •  68%

About Me

My name is Satina Amoah. I hail from Bibiani, a very busy farming and mining community in the Western Region of Ghana. I was born on the 16 /3/1990 and the last born of my parents. I started my formal education at Catholic Junior high school at Bibiani but unfortunately, my education got truncated at the junior high level because my performance was not satisfactory. I would like my children to attend good schools to become teacher s, lawyer s and doctors. I like playing traditional game called Ampe at my leisure time

My Business

Hello my dear lenders, I would like to first congratulate you for giving me this enormous help since I joined this greate family. Lenders, there are several business opportunities in my community. But, I have chosen setting up of provision shop. I have been into this business for the past one and half years. My reason of choosing this business is that, people of different age groups patronize it and this makes the demands very high. Goods sold includes Milo, milk, sugar rice, soap and different kinds of mosquitoes repairants.

Loan Proposal

Dear lenders, I deemed it expedient to use this opportunity to express my deepest gratitude to you for your marvelous assistance you have been giving to me. My previous loans were used to set up provision and mosquitoes repairants shop which has indeed, helped me a lot. It is my desire to continue and expand that business. With your kind assistance my lenders, I will use this loan to buy cooking oil, perfume rice, Milo, sardines, sugar, mosquito repairants and more importantly, treated mosquito nets. Hello lenders, currently, there is a campaign in my community on the need to bring malaria to the nearest minimum. Health workers have been advising people on the need to sleep under treated mosquito nets. Hence the addition of the nets to my sho p. I have chosen this business because different age groups of people patronized these items. The cost of the items are
10 bags of perfume rice=$100
Cooking oil =$50
Milo & milk=$40
Cost of mosquito repairants=$20
Cost of treated mosquito nets=$100
Transportation=$20
My lenders, I will use my profit to expand my shop, cater for my siblings and pay back my loan on time as I have done to this one. I am humbly counting on your assistance once again. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$293.25

Date disbursed

Sep 1, 2017

Repayment status

On Time

Projected term

59 months

Cost to entrepreneur

Service fee: $8.10

Credit risk payment: $16.21

Lenders

John Minges

United States

Paul Buchheit

Mountain View, United States

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