To buy provision items like soap, toiletries, a bag of sugar

Kyeremeh

Techiman, Ghana

100% repaid

Entrepreneur

Name

Kyeremeh

Member since

October 2017

On-time repayments

14 installments  •  64%

About Me

My name is kyeremeh john , I am 35 years of age . I an the there born to the family. I completed my secondary education in 2011. I am very simple, calmed and very respectful. I like reading a lot. Since life is not easy to be achieved on a silver splatter, after vi completed my secondary education I decided to set up a provision shop to keep my self and my family. That is how I came to join the business world of life.

My Business

My business is very simple but lucrative due to where I set it. My shop deal with Petty items like soap, canned meat and fish, I sell biscuits toiletries, bread, toffees, sachets of Rice ,sugar,gallons of oil, tin tomatoes , Milk to mention but a few.l choose such business because there are no any provision shop at that area, it is very profitable despite it petty nature of items. I used the profit I gain out of the shop to cater for my ward in school. I also use the profit to buy food for the family.

Loan Proposal

I want to buy some basic items like soap, toiletries, blades, biscuits , toffees, chewing gum which will all cost 40 $ . three bags of Rice, a bag of sugar which each bag cost 54$ . 5 gallons of cooking oil which one gallon is 8$ . I will used the rest to buy some other items to complete it. This will raise the profit margin to 6$ per day. The profit will be used to pay my ward school fees and also feed the family with it in the future.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$118.00

Date disbursed

Nov 4, 2017

Repayment status

On Time

Projected term

25 months

Lenders

Paul Buchheit

Mountain View, United States

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