To expand my business

Isabella

Drobo, Ghana

100% repaid

Entrepreneur

Name

Isabella

Member since

June 2015

On-time repayments

34 installments  •  59%

About Me

My name is Osman Isabella.i come from Drobo in the Brong Ahafo Region. I started my basic school school at Catholic basic school, i furthered my education from there to Sunyani senior high school in . My parents are farmers by profession hence all my education cost was funded their product earns from the farm. In life it takes ones own imagination to be poor or rich,thus you can identify a problem and solve it. I completed my secondary education and due to my hard work, and the respect that i have for people i was employed in a store and began to identify the needs of the community. With the little savings made, i started my own provision shop since that the community need these daily needs for their survival. My people have a unique cultural values in the sense of taboos and custom beliefs which are highly respected

My Business

Bella provision shop is the name of my provision store. It is located at Japekrom Drobo main high way. i started this provision store in my area because there a lot of people in that area and they will be needing these daily items and canned food for survival .Since i started the business, i can boast that people are always at my shop purchasing. The main products are breakfast items like ,milk, bread tea, coffee ,Lipton and all kinds f bakery products which workers rush to my shop daily for these products. Also laundry products like, soap, soap powders and detergents are sold in my shop. The main motive behind me choosing this business was that, everyone will need this in everyday life because you have to take your breakfast, lunch and supper and you will need these items to prepare that. If i invest let say $ 220 within a week i can get $35 to $40 profit because as soon as i bring the goods people come in and purchase them . My business capital is not up to expectation since i want to purchase most of the products in order to attract almost 60% of people in the community . The profit will also be used in reinvesting and opening of other stores in other to employ people and pay them to earn a living.

Loan Proposal

When i receive the loan ,i will rush to the the market to buy these products . I assure you that, i will use the money solely for it purpose in other to have a nice living place to enhance their growth in order to grow my business.I plead with the lenders to consider this my application. I hope and know that if i get this money my profit margin will be increased and will be able to generate a minimum of 35% profit within a week.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jul 3, 2015

Repayment status

On Time

Projected term

6 weeks

Other loans

Lenders

WE

Wendy Emlyn

Devon, United Kingdom

PG

Paul Graham

United States

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