12 installments • 33%
I am Powun Bilanyi from Nkwanta North District of Oti Region a student and also runs a business as well i entered into business when i lost my father and due to financial chalanges i took it upon myself to do something that will help me get income to support my Brothers and Sister finance our school fees and i decided to start a business that is helpng me get income at the end of the day and also goes to my school as well. So I decided to enter into buying and selling of good pure drinking water and that is helping me a lot and making me get daily income as well
The income source of my business is buying and selling of pure water; that pure water vender at the campus of my school and also at the market place after school that has been giving me income and it is a business when i invest more into it will enable me make more profit at the end of the day.
I will use this loan to pure water and sell when given to me because of financial chalenge i have not been able to buy more of the pure water to sell and so therefore it has limited the profit return margins when i receive the loan it will help me buy in large quantity which will help make more profit.
In the case of risk of my business my family will help repay the loan as they have always supported me in the business and encourage me as well to work hard in sustain of the business.
Mar 4, 2021
Cost to entrepreneur
Service fee: $1.65
Credit risk payment: $5.06
Optional expediting fee: $5.06