Entrepreneur
Name
Quarcoo
Member since
March 2016
On-time repayments
223 installments • 72%
About Me
I am. Jennifer Quarcoo. I was born and bred by Mr. and Mrs. Quarcoo in Suhum in the Eastern Region of Ghana. I had my basic education at Suhum Presbyterian Primary and JHS. I also had my secondary education at Suhum Senior High Technical School. I worked under pressure for a year, so that I can accumulate capital for my own business. Currently, I use my personal savings as my capital. I live among people who are loving and caring. I am single with no children. During my free time, I read and listen to music.
My Business
I operates a small scale provision store. I sell edible and domestic materials such as soap, pomades and others. People uses such goods everyday in life, so I decided to go in for that business. I purchase in bulk and retail for profit. Due to my single status, i plough back most of my profits . I support my junior sister's education with part of my profit and save the remaining for my future education
Loan Proposal
I wish to apply for a loan which will be used to purchase food items for my store. I will purchase ten bags of rice at forty dollars per bag. I will also purchase two boxes of canned milk at fifty dollars per box. With this items, my stock will increase to meet the demand. This will increase my profit to about twenty percent. With that I can hire other person to work with . I hope my loan will be taking into consideration. Thank you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$491.00
Date disbursed
Oct 31, 2016
Repayment status
On Time
Projected term
11 months
Other loans
Lenders
Columbus, OH, United States
San Jose, United States
Kansas City, Kansas, United States
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