Entrepreneur
Name
Mike
Member since
September 2016
On-time repayments
232 installments • 50%
About Me
My name is Mike Boateng from Techiman. Married with 3 boys. Self employed and other Union and Association works as well on the side. I live with my family in Techiman and also travel to Accra, Kumasi and other places to sell and to buy items as well.
My Business
Previously I was in water supply business, which was working for me, I thought, and then my pump started to give problems. I decided to leave that business for a new one introduced to me by a friend. I gave my premises out for rent and I used this rent money as my startup capital for this new business.
Loan Proposal
I will be purchasing more stock for my sales and also will add more of the interested consumer goods so to bring in more customers, considering the need for the people in my community now in this corona era.
Income Source
I do not have lockdown at my working place and right now, as it is, many people are buying more food for storage, so my idea is to take more of gari and rice as part of my stock for this era so to help my community and also to be able to sell faster in addition of my stationery goods.
I believe that this will help my community and also my business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$297.00
Date disbursed
Apr 24, 2020
Repayment status
Late
Projected term
15 months
Other loans
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