Name
Ponna
Member since
February 2021
On-time repayments
17 installments • 24%
I am Ponna Bilanyi an JHS student and have lost my father and also has a big family due to that there is always financial challenge as to how we will be educated , so because of that while i am in school i also took it upon myself to have something doing in other to finance my education if not all but part of the money i should be able to raise it. Due to that i started selling stationary in the school and due to financial challenge i am unable to purchase it more in other to increase the profit returns. i think i think this if been given loan will help me increase the purchase and selling of the stationary in my school.
my business income source is from the profit i make in selling of the stationary and also frieends and family in other for me to increase the level of my selling
i will use this loan if given to me to purchase stationaries into my shop which will enable me supply to the needed amount of books demanded by my customers and other agent which will help make more profit as well.
i will use my previous life savings and also through the help of friends and family who has always been at my side in both the real life and in business as well if the need arises for them to or if i am unable to repay due to some challenges
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$159.00
Date disbursed
Mar 24, 2021
Repayment status
Late
Projected term
3 months
Other loans
Ask Ponna a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.