Stock of electrical supplies for my shop
Lydia Asante
Dunkwa-on-offinso, Ghana
100% repaid
Entrepreneur
Name
Lydia Asante
Member since
June 2015
On-time repayments
155 installments • 89%
About Me
i got the chance to complete JHS where i entered into apprenticing hair dressing which i graduated in 2007.
i got married and things changed where i relocated to my current place and as a result of it being a new site the patronization of my services was not encouraging so i turned the shop to selling something so demanded in this area, electrical appliances which as a result of the ongoing constructions is highly demanded
as a child i was interested in how to manage and try to make something that will please at least most people around.
i have grown to know this very well and have applied it in my own shop as to the level of stock that an inventory has to be made.
i did not get the chance to pursue education to the fullest and i am determine to help my children to and level of eduction they so wish
this i envisioned to making this business strongly established.
My Business
i sell all kinds of home electrical appliances from electric switches , bulbs, extension cables and the like.
Due to my location these goods are of high demand and as such the need to stocking my shop is necessary as it is some distance away to the next shop where such goods can be obtained
these items as light bulbs and switches are demanded on daily bases and costs as low as 3 cedis ~~$o.5 this makes the restocking of the shop on weekly bases.
as a form of investment where i determine the interest rate for myself i reinvest all accrued profit into the business as a form of building the capital base.
Loan Proposal
the previous loan i contracted from this platform had given me a thrust in my area where costumers now come in for all their electrical and some basic home tools.
i will use this loan upon funding for restocking electrical tools as cables , wires , bulbs ans switches.
these are on high demand as my area of operation is a new settlement site where there are lots of ongoing building projects and hence its high demand.
returns on the sales of these line of product is worth paying and as has always been my policy and that of this business of which you are a shareholder, profits and all proceeds stay in the business for a fast growth
all fund raised on this platform is strictly meant for the stock of electrical stock base of this set up.
you had the vision and had contributed to this business, it is time again it needs your share value again.
i am glad to have you help raise this loan once more.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$635.96
Date disbursed
Aug 7, 2017
Repayment status
On Time
Projected term
4 months
Cost to entrepreneur
Service fee: $16.84
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David Mar 29, 2019
Mary Mar 25, 2019
Joshi Mar 25, 2019
Mary Oct 16, 2018
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