Ankomah
Fante Newtown, Ghana
14% repaid
Name
Ankomah
Member since
May 2016
On-time repayments
183 installments • 20%
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.
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$. I will use the profits to take care of the needy in the community and also furnish for my family.
i will buy extra medicine such as paracetamol, blood tonic and also i will buy one hundred bags of cement. which will all amount to almost 460$. 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.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$465.00
Date disbursed
Jul 5, 2017
Repayment status
Late
Projected term
30 months
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