Stocking my provision store

John

Kumasi, Ghana

100% repaid

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How it Works

Entrepreneur

Name

John

Member since

January 2018

On-time repayments

25 installments • 60%

About Me

I am a 38 year old teacher and also into a small scale business.
I lives and in Kumasi, the capital of Ashanti Region of Ghana where I operate a provision shop which support my salary to take care of my family.
I was born and brought up at Offinso in the Ashanti region of Ghana, where I had my basic education before moving to Kumasi to start my own business.
I sell items like soaps, biscuits, soft drinks insecticide sprays and coils etc. both retail and wholesale. This is the work I do take care of my wife, three children, my aged parents as well as my other siblings who are still in school.

My Business

I am able to save a significant amount of money each day from my provision shop but because of the many dependents I have life is still not easy for me. I therefore need to expand my provision shop.
I have already completed the establishment of a second shop at different location in Kumasi. This loan will help me to stock the shop with provisions for its operation.
This I hope will increase my sales per week and the corresponding profit.

Loan Proposal

This loan will help me to buy more goods to stock my provision shop. This will go a long way to increase my profit margin and will then go further to help me cater for my family.

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M
Margaret Feb 20, 2019

No effort to repay in over 4 months. I would never lend to John again.

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M
Mary Jan 21, 2019

John has not made any payments on his loan in 2 1/2 months. He has offered no explination for the lack of repayment.

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