A loan to improve my charcoal business

Abbey

Sunyani, Ghana

100% repaid

Entrepreneur

Name

Abbey

Member since

August 2017

On-time repayments

117 installments  •  13%

About Me

I am called Abbey Beatrice from sunyani GHANA .
I attended Primary School Between the year 1990 .
I again attended My high School education between the year 2004 to the year 2007at Sunyani Girls High School.
I overcame hardship after I worked hard and saved money to begin my own Business which am doing up to date.
I am married one husband and four Children two girls and two boy and the are all young in age and still living with me in the same house and all under my care.
I started my Business after my husband lent me 100 GHS and I bought one sack of charcoal and began the Business.
What is unique is that girls are forced to marry the choice of their fathers against your will and your wish.
All my Children want to become Teachers when they grow up and they have begun to practice teaching career.
My hobby is swimming and singing at my free time.

My Business

I sell to people Charcoal in my small shop.
This kind of good is in demand because every household must use it due to high cost of electricity, therefore every person opt to use charcoal because is cheaper as compared to others.
My typical cost and revenues is 100 GHS .
I use the profit I get from my Business as follows ,
1.School fees for my children =150 GHS
2.Reinvestment in growing the Business is =50 GHS
3.Home .improvement = 200 GHS

Loan Proposal

hello zidisha and it lenders i do not know how l should start thanking you from because without you my charcoal wouldn't have be what it is toad , it was the little loan l got from you first which l invest in it and it growing gradually
, please with this loan l will be able to 10 bags of charcoal and sell it to my customers and it will increase my profit and l will get some to help my family thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$62.00

Date disbursed

Oct 10, 2017

Repayment status

On Time

Projected term

2 months

Lenders

mikeice

Kohler, United States

Laparo

Dusseldorf, Germany

GR

Greg Rice

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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