Inventory of stationary for business

Oppong Anthony

Wenchi, Ghana

100% repaid

Entrepreneur

Name

Oppong Anthony

Member since

July 2016

On-time repayments

38 installments  •  34%

About Me

My name is Vincent Anthony Oppong ans also the first child of my parents.I was able to attend and complete my basic education when my parents were alive and kicking.Right after completing my secondary education,my father passed away so things bacame very tough for my single parent mother.I was able to consult my uncles for assistance to support my younger siblings my father left behind.By the grace of God,I have been able to cater for my siblings education but I am short of funds since everything about their schooling was provided by me.I live in an area where the people deal in business but not what am selling now.I want to continue schooling in order to make my children the successful type.I want them to helpers to the needy and the aged and not to suffer as I have but rather work hard to perform certain social responsibilities to help the community and nation as a whole.All the above can happen if and only I get the needed assistance to develop my business.I love to read and play football whenever am free and also when am bored and have nothing to entertain me.

My Business

I sell stationeries like books,pens,erasers,calculator s and most of the things needed basically to support education.These things are in demand because households buy them for their children and wards to go to school,entrepreneurs also buy them to keep records of their firms and businesses.Always people need them for their functions assigned time.It also has its season time where demand becomes very high and sometimes it becomes very hard to supply all the quantities needed by the customers.I chose this business because I realized it was not in existence at the area I was but people travelled far from home to buy them from neighbouring towns when they needed them.So to ease the pain of moving up and down to get those stationeries,I consulted my uncles and they helped .Also I had education at heart so decided to venture into anything that can promote education.The cost I incur are monies that I spend in acquiring the materials or goods for sale and also monies that I use to buy food when I go to sell.I also get the revenue from sales proceeds and also savings made.I also plough back the profit into the business.I offered business in school so I am able to manage the business well.Although I plough back some of the profit back ,I also use some to cater for my siblings and my sick mother who cannot work due to her condition.I save some of the profit and later reinvest into the work when am short of funds.

Loan Proposal

after receiving this loan for the second time am going to buy more books of all kinds for the pupils in my community to have equal advantange of education to the pupil in the city.if i was able the serve more than 200 students i think after receiving this loan it will help me and the students who where not able to have thiers.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$70.00

Date disbursed

Oct 5, 2016

Repayment status

On Time

Projected term

4 months

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Jennifer

Berlin, Germany

Rosario von Li

San Jose, Ca, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Hans Moor

Vorden, Netherlands

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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