To expand my provisions business

Jocab

Cape Coast, Ghana

100% repaid

Entrepreneur

Name

Jocab

Member since

February 2021

On-time repayments

17 installments  •  24%

About Me

My name is Jacob Andoh I live at Brafoyaw, I am single and I have my store and I have eight siblings and I am last but one three male and four female I completed my junior high school at Brafoyaw A. M. E. Zion junior high school but due to financial situation I couldn't continue my education and I turned it in business. my provisions store was started by my late mother and my eldest brother in 1988 it was the first provisions store in our community with a wooden structure and at the time business was very good and my mother and my senior brother's management was a very perfect using the profit to take care of the family and my father was a great defender of the family supplyied food for the family because he was a farmer and I thank God he is still alive with the age of 95 years now and after my mother dead things started going down because my senior brother work hard to get his shop so my other siblings did not take care of the shop until they handing over the shop to me because I am the last male child in our family and they said because of my situation I couldn't do any hard work except taken care of the shop because I have gone for surgery 4times and since I take over the shop thing was not bad because previously It was a wooden structure but now my hard work has turned the to container shop and now I am looking for a spouse which will help me to grow the business well in future my hobby is watching football matches.

My Business

I sell all kinds of home supplies, pastries bakeries, and another foodstuff and the business is not bad at all again the area is very very good for my business and now due to the high price in home supplies my earning is not stable.

Loan Proposal

I am a shopkeeper, I sell provisions, pastries and bakeries and other foodstuffs, the reason am proposing for assistance is to boost my business, even though my shop is quiet ok but due to high cost of demends, am not able to meet everyone's satisfaction this is due to inadequate fund to Expand the business. I hope with this support there will be a great impact in my business. Thank you.

Income Source

As government has given us a protocol and we are observing and I am very sure that at the end of the day every one will eat, so earn the money to pay back is not a problem.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$62.00

Date disbursed

Feb 10, 2021

Repayment status

On Time

Projected term

1 week

Lenders

R

Ru

New York, United States

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