Stock freezer with yoghurt to sell

Michael

Ho, Ghana

100% repaid

Entrepreneur

Name

Michael

Member since

April 2015

On-time repayments

255 installments  •  40%

About Me

I was born on 17th June,1976 and today happen to be my birthday as l write about myself.l started life in my hometown with my parents and other siblings.I had my basic education from kindergaten ,went to primary then wrote common entrance to gain admission into secondary school for five years.After secondary school,l went to Teacher Training College taught for five years and furthered to University to have my first degree.l had a problem with my salary after university and how to make ends meet was a challenge.I had to do work in order to raise money to solve domestic problem.l came to start my own business when l saw the need to get some extra money to support my family.One unique thing about land is that,the place is fertile and good for agriculture.My children hope to be prominent persons to empower the needy.I take delight in reading and helping to carry out humanitarian services.

My Business

Am into distribution of and sale of holland yoghurt products to the general public.The products are beneficial to people because of health benefits of the product and energy derived .I chose this business because the products are in demand as it helps people to be healthy. l also want to buy products (yoghurt?to freeze the yoghurt and stock to distribute the products and market them.The cost of the products,rand revenue is as follow:
Total =$400
I will re-invest the profits to expand the business.

Loan Proposal

I intend to use the loan to purchase yoghurt products and stock my freezer and sell. in markets and lorry station. I also plan to distribute to shop s for them also sell to others.

Income Source

The demand for food is still available despite the corona virus.l hope to use the bicycles available for selling in the market with the assistance of my wife and brother in law.Doing all these will enable me to get sales and make money to pay the loan.l also plan to add other food items to supply to others.

Feedback

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1

  • TP    Nov 29, 2022

    35% repaid
    No repayment in past 11 months
    No update in more than 12 months

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Loan Info

Project Type

Classic Loan

Disbursed amount

$324.00

Date disbursed

Jul 21, 2020

Repayment status

On Time

Projected term

6 months

Lenders

Franmiguel

Perth, Australia

R

Rolf

Zurich, Switzerland

Ren

Minneapolis/StPaul, United States

Jeanette

Fort Worth, Texas, United States

Tim

Utrecht, Netherlands

AM

Alex Melo

United States

RS

Ralph Smyth

United Kingdom

GF

Gammon Family

United States

NB

Nikolaus Bührer

Karlsruhe, Germany

R

Rafael

Switzerland

P

PS

United States

K

Kristyn

United States

EW

Eric West

United States

S

Sibyl

Basel, Switzerland

K

Kirk

Canada

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