Name
Prince
Member since
May 2015
On-time repayments
56 installments • 39%
Prince Awuah Kyere is my name,born on 26 March,1988. I started working at age of 14 as a store keeper,that's after completing basic school. During my high school education l was still working as a store keeper on vacations. I decided to start my own business after my high education when l work for two months is that provision store,l use my pay to purchases some provisions. My mother has a small store where she used to do sewing.l painted it and put the provisions in to start my own business. Born in Ghana,Berekum Brong Ahafo.The land of beautiful and loving people. Train to respect,obey instruction and keep to promises. I'm single. My favorite hobby is watching basketball because they are time conscious and rules are followed.
Is a provision store. l sell milk,sugar,soap,drinks,etc. The area l live is rural area and there is provision store nearby so demand for such things are high.l choose this kind of business because of the high demand of the people in my area and is a profit making business. I use the profit to reinvest in the business but because the goods are small l do not get enough profit to reinvest immediately.l save it for a month before l can buy another goods. I also supporting a child in school with the profits I get from sales.
I want to raise this loan to buy more stocks into my store. I will buy Items like, rice, sugar, soaps, milk, milo, beverages, that will cost me $ 65.00, There is a big problem now in the country concerning our energy crisis. So for now I have to buy a Sola lamp which will cost $ 25.00, without the Sola lamp selling during the night is a little bit challenging. I have an outstanding debt to pay to one of my supplies at the cost of $10.00. It was a huge debt that I have paid up to this. Even though the amount requested is not all that big will help increase my profit by 10% and also increase my costumer based by 15%. Thank you lenders in advance. God bless you all
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 17, 2015
Repayment status
On Time
Projected term
3 months
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