Isaac
Asoampa, Prestea, Ghana
100% repaid
Name
Isaac
Member since
November 2016
On-time repayments
194 installments • 69%
My name is Isaac Osam. I completed My Tertiary in 2008. Since then I decided to engage in trade myself. I deal in home appliances like home theater, fridges, microwave, electric iron, ironing board,charcoal iron,standing fans,Tvs ,home theatres etc. I have right from the onset enjoyed doing trade. That is buying and selling of home appliances. I am married with one child. My child is interested in becoming an engineer hence am working my heart out to fulfill that dream. I enjoy reading business books.
My income source will be from the Home Appliances Shop that i operate. These goods are in great demand in my area. people come from nearby village to purchase these goods. I chose these business because it was in demand after realising people travel for long journey just to purchase these items.the capital for these business is $6000. My profit I use in reinvestment in growing the business and sometimes to support other orphans.
This is being sought after to stock more electric iron- 20$, charcoal iron - 40, TV stands-30$, hangers- 5$, multi sockets-30$, speakers - 45$ etc for my Home Appliances Shop. This will help my serve my customers all they need. I expect a profit increment from $20 to $40 daily. Part of the profit will go into repayment and reinvestment.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$455.00
Date disbursed
May 29, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Ask Isaac a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.