Entrepreneur
Name
Kabatia
Member since
January 2016
On-time repayments
40 installments • 100%
About Me
am kabatia peter hail techiman in brong ahafo region ghana. i went to techiman secondary school in the year 2004 to 2007. hence i started some small business by the year 2007. i then went to sunyani ploy by the year 2009 to 2012 which i offered HND marketing. after the completion i then use my knowledge i gathered in education to support my business. my children what to become future leaders in the society and responsible. i had two children one is six years old and the other is two years old. the first one is in stage three an the other one is in stage one .
My Business
i do sell provisions like milo, detergents, paste etc. each and every need food to survive. this goods are consumable goods my cot and revenue is about 1000 GHS. i used the the profit gain to pay my children school fees and part for reinvestment. this goods and services highly because, they consumable goods. i used the profit gain to reinvest in the business. my typical cost and revenue is about 1500 to 1600 GHS. I used part of my profit to pay my children school fees , pay electricity water bills.
Loan Proposal
am going to use this money to expand my business by buying more items like milo tin , Milo sachets, varieties of soaps, body spray, rice, oil biscuits etc. with the help of this loan, it will help me to be able able to pay my children school fees as a result of increase in sales as well as profit margin. it will also help to pay my domestic bills as well. this time as expecting my profit level to increase from 30% to 65%.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$362.00
Date disbursed
Jul 5, 2016
Repayment status
On Time
Projected term
4 months
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