Name
Asare
Member since
July 2016
On-time repayments
164 installments • 51%
I hailed from a small village called Nsu-Nia. Even though my parents were peasants, they managed to raise a loan for me and I built a container store. Once I had junior brothers and sisters, there was the need for me to work hard to fend for them and their education as well. My mates who had their parents doing well in their businesses went to the University. With the container store I built, I began selling tin tomatoes, milk, pure water, polythene bags, sugar and some toffees.
Nsu-Hia is a village which is near the virgin forest so most of the men are hunters. Bush meat is common in this community. Most of the natives are peasants. Others grow cash crops, for example cashew nuts, coffee and cocoa. Most of the food crops that they produce are transported to the Dormaa municipality for sale during the general market on Tuesdays. My children have proposed that they want to go to University and, after that, they will be lawyers.
I sell general goods like tin tomatoes, sugar, soaps - in fact, any item that my customers would request. I make a minimum sales of GHC 300 a day. In some other days, especially market days, my sales are doubled. It is my plan to obtain a new shop so that I can put part of my goods there and employ someone else.
I will buy three bags of tin tomatoes at $36.three bags of perfume rice at $40. Two bags of Milo at $30. Three satchel of toilet roll. If am able to buy these items, it will attract more customers into my shop. This is going to increase my profits to aid me pay my ward's school. I expect that after these items are bought, I hope to realize an increase of 85%.
I hailed from a small village called Nsu-Nia. Even though my mum was a peasant farmer and my dad was a teacher and still teaches, managed to raise a loan for me and I built a container store. Since I have junior brothers and sisters, there is the need for me to work hard to fend for them and their education as well. My mates whose parents are rich went to the University. With the container store I built, I began selling tin tomatoes, milk,pure water, polythene bags,sugar and some toffees. Nsu-Hia is a village which is near the virgin forest so most of the men are hunters Bush meat is common in this community. Most of natives are peasant farmers. Others grow cash crops, example cashew nuts, coffee and cocoa..Most of the food crops that they produce are transported to the Dormaa municipality for sale during the general market on Tuesday's. My children have proposed that they want to go to University and after that they will be lawyers.
I sell general goods like Tin Tomatoes, sugar, soaps. In fact, I have so many different items in stock for sale in my shop. I make a minimum sales of ghc300 a day. In some other days especially market days, My sale is doubled. It is my plan to obtain a new shop so that I can put part of my goods there and employ someone else to assist me in the business. The most fortunate aspect of my business that make it prosperous is that I'm close to the Senior High School in town so petty items they need are all bought from my shop. My dad who is a tutor at the school usually promote me on some few things that students would need and this has helped me a lot in my business.
I will buy three bags of tin tomatoes at $36.three bags of perfume rice at $40. Two bags of Milo at $30. Three satchel of toilet roll. If am able to buy these items, it will attract more customers into my shop. This is going to increase my profits to aid me pay my ward's school. I expect that after these items are bought, I hope to realize an increase of 85%.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$18.00
Date disbursed
Oct 7, 2016
Repayment status
On Time
Projected term
8 weeks
Other loans
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Amount repaid
$18.00
Amount remaining
$0.00
Date repaid
Nov 19, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 14, 2016 | $2.57 | Oct 8, 2016 | $2.57 |
Oct 21, 2016 | $2.57 | Oct 8, 2016 | $2.57 |
Oct 28, 2016 | $2.57 | Oct 8, 2016 | $2.57 |
Nov 4, 2016 | $2.57 | Oct 8, 2016 | $1.29 |
Nov 4, 2016 | $1.29 | ||
Nov 11, 2016 | $2.57 | Nov 10, 2016 | $2.57 |
Nov 18, 2016 | $2.57 | Nov 15, 2016 | $2.57 |
Nov 25, 2016 | $2.57 | Nov 19, 2016 | $2.57 |
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