To purchase stock (rice)

Abdul Rahim

Tamale, Northern Region, Ghana

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How it Works

Entrepreneur

Name

Abdul Rahim

Member since

December 2020

On-time repayments

15 installments • 47%

About Me

Abdulai Abdul Rahim is my name,33 years of age who is student and a business man. I live with my grandmother, mother, 3 younger brothers who I takes care of after the demised of our father in 1998. However, I am able to support my family and my education through my business activities. I have however, completed Technical University in 2016, with a Higher National Diploma in Statistics. I have also gained admission into the University of Cape Coast (Level 300) to acquire my first degree in Bachelor of Commerce (BCom Finance). And I am therefore looking forward to any individual or group of persons willing to support my education or help grow my business.

Thank you.

My Business

I am into cereals business such maize, sheanut, soyabeans and rice, I am also directly into farming activities to support my education and family. I have been into both the farming and the cereals business for 5 years now with the help of my wife and brother.

Loan Proposal

Dear All,
Please I need a loan of Gh748 to enable me purchase stock, which are unproces rice which cost Gh120 per bag in village and when brought to the market is sell at Gh150 per bag. This means that the profit is determined base on the number of bag one is able to sell in week.
Thank you

Income Source

Many business currently are facing risk but however, the cereal business is also currently booming since the level of consumption of food is constant. I will also be able to make more profit if I'm able to buy and sell more.

Thank you