Repair refrigerator and stock my provisions shop
Rebecca
Prampram, Ghana
52% repaid
Entrepreneur
Name
Rebecca
Member since
January 2017
On-time repayments
216 installments • 41%
About Me
I am currently enrolled as a Distance Learning Student with the University of Cape Coast (UCC). I am pursing a Diploma in Basic Education. I hope to graduate by next year and be employed as a professional teacher. Barely a few months ago, I successfully rented a shop, which I am currently using for business to sell vegetables and various cooking ingredients. I am hoping to expand my business and make more profit to be able to pay my school fees and other educational expenses.
My Business
I started my business a few months ago by buying a few cooking items such as vegetables and spices and selling from the house. Soon, I realized the market was available so I started searching around my area for a place to rent for my business. By the grace of God, I got a container which was by the road side and not too far from my place of residence. I used my savings to pay the rent fee and the rest to buy a few items to sell. Business has been good but the lack of capital means I purchase goods on smaller scale and this drastically reduces my profit margin. I have currently employed one lady who helps me to take care of the shop.
Loan Proposal
I will use some of this money to repair my refrigerator at my shop. I will use the rest to re-stock my shop by ordering for provisions. These will include small bags of rice, milk, milo, oil, soap, etc. Thank you.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$262.00
Date disbursed
Dec 6, 2017
Repayment status
Late
Projected term
43 months
Other loans
Ask Rebecca a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.