Loan for grocery business and education
Ernest
Assin Fosu- Cenral Region Of Ghana, Ghana
$0 to go
100% funded of $295 goal
0
days left
Entrepreneur
Name
Ernest
Member since
May 2016
On-time repayments
61 installments • 52%
About Me
my name is Ernest Obed Asamoah and i am from Ghana in West Africa. I have the opportunity to travel extensively through out most of the regions in Ghana. As a child i lived with my mom and dad and they took very good care of me even-though they did not have that much. So my childhood was much fun. we are five in my family and my parents managed to build for us a place to stay.
As i write, i am a student in the tertiary level in my third year pursuing mechanical engineering. the subject is very fun. However, i am studying very hard to achieve my dream of been a mechanical engineer in the next few years that are ahead of me. When i completed senior high school, i started a small glocery in my community. so whiles i am away, my kid sister and my old mother manage it for me. I mostly feel good knowing that at least i started something before going to the tertiary institution. when i am helped i will the aid to support my education and invest quiet a small percentage into my business......
My Business
I am a student and a business man at the same time. i school whiles i operate a small gloccery business too. so in my absence my small sister and my old mom manage it for me.
so i sell goods like rice, beans, biscuits, nescafe, sweets, sugar, yam, etc. they are useful in demand and very high. since my vicinity is a newly developing area, i attract most of the residence to my shop. I am studying mechanical engineering too, so this loan and aid will serve two strong purposes, my business and my education. When i go for inventory, i make a lot of profit after the sales of those goods and services. so my profits will be reinvested and part will go into savings whiles others go into my education and livelihood. kindly help me to reach my goal.
Loan Proposal
Hello to my dear lenders and Zidisha family, when my loan project is fully accepted, The whole amount of the loan is for my glocery business and my education projects.
The loan amount will be used this way, i will use some $125 to top up my school fees, then the rest will go into my shop. i will buy rice, sugar, sweets, yam and etc. with this new investments.
Among the great works that this loan will do for me is my education continuation and then also my business sustainability.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$295.00
Date disbursed
Mar 20, 2017
Repayment status
Late
Projected term
5 months
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Summary
Amount repaid
$0.00
Amount remaining
$294.74
Expected completion
Sep 16, 2017
Status
Repaying late
Installment amount
$12.04
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 1, 2017 | $12.04 | ||
| Apr 8, 2017 | $12.04 | ||
| Apr 15, 2017 | $12.04 | ||
| Apr 22, 2017 | $12.04 | ||
| Apr 29, 2017 | $12.04 | ||
| May 6, 2017 | $12.04 | ||
| May 13, 2017 | $12.04 | ||
| May 20, 2017 | $12.04 | ||
| May 27, 2017 | $12.04 | ||
| Jun 3, 2017 | $12.04 | ||
| Jun 10, 2017 | $12.04 | ||
| Jun 17, 2017 | $12.04 | ||
| Jun 24, 2017 | $12.04 | ||
| Jul 1, 2017 | $12.04 | ||
| Jul 8, 2017 | $12.04 | ||
| Jul 15, 2017 | $12.04 | ||
| Jul 22, 2017 | $12.04 | ||
| Jul 29, 2017 | $12.04 | ||
| Aug 5, 2017 | $12.04 | ||
| Aug 12, 2017 | $12.04 | ||
| Aug 19, 2017 | $12.04 | ||
| Aug 26, 2017 | $12.04 | ||
| Sep 2, 2017 | $12.04 | ||
| Sep 9, 2017 | $12.04 | ||
| Sep 16, 2017 | $5.78 | ||
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