Medicines for my shop & cement to develop my community

Ankomah Philemon Oppong

Fante Newtown, Ghana

14% repaid

Entrepreneur

Name

Ankomah Philemon Oppong

Member since

May 2016

On-time repayments

183 installments  •  20%

About Me

I am the ninth child in a family size of ten. My father retired from the mason work due to old age. My mother was also a poor farmer but due to old age, she could not farm when I was at the age of thirteen. Since then I have funded for myself up till now. Where I lived was a farming community. So I overcame all these hardship by working for my neighbors in return for food or sometimes for money to help me pay for my fees and my little needs. After my secondary education, I worked with my mother’s friend at a small pharmacy in our community. I used the little money I had from working in the pharmacy, to come up with my small pharmacy for a year now. In my community we work hand to hand to support young people who are in need to come up in life. I want my kids to be happy in life and not to suffer the way I did, so am making a way for my family and I want my kids to become teachers and doctors to help the community where we live. At my leisure time I read books, novels and also play draft.

My Business

I provide health care, first aid, selling of drugs, giving health talk and also advising people on family planning, which is very essential because people have little knowledge on it. I chose this business because I felt it necessary that it will help my community and also prevent unwanted pregnancies in the community.the cost for running this business is about 1500$. I will use the profits to take care of the needy in the community and also furnish for my family.

Loan Proposal

i will buy extra medicine such as paracetamol, blood tonic and also i will buy one hundred bags of cement. which will all amount to almost 460$. Since the pharmacy shop is running smoothly i will use 150$ for the pharmacy shop. I will also use the rest 310$ to buy cement and iron rods for the cement store. it will help me to operate my shop and also help to make people get access to good health care and also get building materials for their houses. i expect my profit to increase to 90% if only business really goes on smoothly without any difficulties.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$465.17

Date disbursed

Jul 5, 2017

Repayment status

Late

Projected term

30 months

Cost to entrepreneur

Service fee: $12.28

Lenders

TK

Tim Koppel

WOLLONGONG, Australia

C

cardiff

Falls Church, United States

C

Clben7

Cincinnati, United States

sderickson

Berkeley, CA, United States

R

Rootdet

Fairfax, United States

A

adiipienaar

South Africa

A

Anthony

United States

KL

Ket Lin

United States

Carla

Amsterdam, Netherlands

PG

Paul Graham

United States

Surya Setiyaputra

Sydney, Australia

V

Vidar

Oslo, Norway

GA

Giovanni and Yelena

New York, Ny, United States

E

El

United States

Ren

Minneapolis/StPaul, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

The Weltys

Averill Park, NY, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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