Working capital - selling eggs

Emmanuel

Accra, Ghana

100% repaid

Entrepreneur

Name

Emmanuel

Member since

October 2020

On-time repayments

45 installments  •  31%

About Me

I AM A BUSINESSMAN AND I AM INTO SUPPLY FOR EGGS TO NUMEROUS CUSTOMERS , HOWEVER I AM HAVING DIFFICULUTIES IN MEETING THEIR DEMAND DUE TO LACK OF FUNDS FOR BUSINESS EXPANSION , I NORMALLY BUY FROM THE FARMS AND GIVE TO THE CUSTOMERS ON CREDIT FOR SEVEN(7) DAYS BEFORE RECEIVING PAYMENT FROM THEM TO ENABLE ME BUY ANOTHER STOCK FOR RESALE, WITH ASSISTANCE FROM YOU IN A FORM LOAN I WILL BE TO HAVE MORE STOCK AND MEET THIER REGULAR DEMAND AND SUPPLY THEM ON TIMELY AND BE IN GOOD BUSINESS

My Business

I AM INTO RETAIL OF CRATE OF EGGS AND WORKING WITH LITTLE CAPITAL , I ALWAYS FACE WITH THE CHALLENGE OF HAVING MONEY TO BUY STOCK TO BE IN ACTIVE BUSINESS , I AM DOING THIS BUSINESS WITH MY LITTLE MONEY I HAVE BUTWITH ASSISTANCE FROM YOU I WILL BE MEET THIER REGULAR DEMAND AND SUPPLY THEM ON TIMELY AND BE IN GOOD BUSINESS

Loan Proposal

I WILL BUY MORE STOCK - CRATES OF EGGS FOR SUPPLY TO MY CUSTOMERS, I WILL MAKE MORE PROFIT TO ADDED TO MY WORKING CAPITAL FOR BUSINESS EXPANSION,I WILL BE ABLE TO MAKE ENOUGH PROFIT TO MEET MY RUNNING EXPENSES

Income Source

THE EGGS BUSINESS LIKE ANY OTHER BUSINESS DOES NOT HAVE MAJOR RISK AS COMPARE TO OTHER BUSINESS , MANY PEOPLE HAS RESULT TO USING EGGS PRODUCT AS PART OF THE DAILY DIET AND HAS RESULT IN HIGH DEMAND FOR THE PRODUCT , IN VIEW OF THE ABOVE THE THE EGGS BUSINESS HAS BECOME VERY PROFITABLE , I WILL BE ABLE TO MAKE GOOD SALES IN A WEEK TO BE ABLE TO PAY THE LOAN ON TIME WITHOUT ANY DELAY PAYMENT OR DEFAULT

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$86.00

Date disbursed

Nov 21, 2020

Repayment status

On Time

Projected term

1 week

Lenders

H

hilde

seattle, United States

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