Entrepreneur
Name
Isaac
Member since
October 2016
On-time repayments
17 installments • 65%
About Me
My name Isaac Adu. I was born to Mr Isaac Adu and Mrs Stella adu all of Dormaa Ahenkro in the brong ahafo region of Ghana. l started my basic education at kobreso R /C primary and JHS. I attended Dwamena Akenten Senior High School at Ofinso in the Ashanti region of Ghana. I then proceed to Foso college of Education at Assign Foso in the central region of Ghana. I had my first degree at the university of Education Winneba.
I take the greater percentage of the family's responsibility. I pay school fees, and also help in so many areas so far as the family is concern. This l do have helped me to uplift the family to a certain level which is an achievement in my life.
The area is new site and that there was the need to bring provisions store in the area. I started the provisions store with a working capital of about eight hundred Ghana cedis to purchase these provisions.
The area is new site and that there are all kinds of ethnic group which makes it possible for every ethnic group to tolerate each group's culture.
I have three children. each one has his or hrs own vision. My son Jeffery wants to be a teacher When he grown up while my daughter Doren wants to be a nurse when she grown up while my son Jeffery wants to be a teacher When he grown up but listowel has not yet decides what he will do in future.
I am an athlete so l prefer athletics precisely five thousand metres. I also prefer athletics precisely five thousand metres. I am a sport man and any time l get the opportunity I do sports.
My Business
I have provision store which contains the following items :milk, pepsodent, millo, sugar, tin tomatoes, biscuit, toilet rolls, gari, rice, tooth brush, sardines, cooking oils etc.
The area is new site and that people in this area walk to a far distance before they can get some provisions to buy and that there was the need to bring them close to their door step. Also the demand for some of the items is high and such items such as the tin tomatoes, pepsodent, bread, millo, soaps and the rest and that there was the need to bring them to the area.
I choose this business because it has a lot of advantages. 1. It saves time 2. It saves money 3. It gives more profit 4. The rate of demanding such items is very high 5. It supplement my living. 6. The cost of transportation is low. Etc
The cost of the items are very fast because they are not many provision stores in the area. like I said already, because the demand is high, the revenue is also high.
Because the business is, and capital is not enough, reinvest the income into the business so that it will grown fast.
Loan Proposal
The loan if disbursed in my account will add up to my capital in hand to buy provisions to increase the provisions already in the store.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$14.00
Date disbursed
Jan 17, 2017
Repayment status
Late
Projected term
2 months
Other loans
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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