Inventory for food, such as rice maize,oil, drinks and soap
Comfort
Asankrangwa, Ghana
57% repaid
Entrepreneur
Name
Comfort
Member since
May 2016
On-time repayments
93 installments • 81%
About Me
I am Comfort Baoteng ,i attended the Asanco Model Junior High School at Asankrangwa in the western region in Ghana.I completed at the year 2008,after i have completed due to financial problems i stay at home for one year. . ,i have to help a certain woman who was a bread seller on the road side,i help by selling breads.i work with her for one year.I saved some money to rent a store room to start a business as provision.For now am able to established a small provision store,but am lacking some items in it.
My Business
Am able to established a small provision store as my own income,but am lacking some items like thin tomatoes,tomato paste,tooth brush and some toffees etc.I choose to established a provision store because it is an everyday needs of which you can not stop buying them,i would need some amount of money to purchase the items am lacking,one box of thin tomatoes cost 120GHS that is 40 dollars,tomato paste also cost 90GHS also is 30 dollars,and tooth brush cost 180GHS as 60 dollars.If i get this money as my first loan it will help me to fill in the spaces left in my store,which will help me to improve my standard of living ,family and community as well as the country.
Loan Proposal
Please lenders, I will like to use my loan this time to purchase, items like, food such as rice,i will purchase 10bags of rice ,one cost 120ghs and is equivalent to 27$, 120ghs/27$ multiply by 10=1200GHS,which is equivalent in dollars as 266$,again I will buy 15 gallons of oil and that will cost for 1500/333$ ,which one gallon is 100ghs/22$ and is equivalent to 333$,I will finally buy maize, sugar, drinks, garlic, gari, toothpaste, toothbrush, bread, biscuits and Milo. And all will cost 1547GHS and it is equivalent to 344$ ,the sum is =4247, equivalent to 943$.Finally my profit increase from 200/44$ to380 equivalent to 84$ per week. This is how I will use the loan, if I get the loan fund. Thank you very much.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$977.00
Date disbursed
Oct 3, 2017
Repayment status
Late
Projected term
7 months
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trincowski Mar 16, 2017
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