Mary
Fanti Nyankumasi, Ghana
$0 to go
100% funded of $57 goal
0
days left
Name
Mary
Member since
October 2016
On-time repayments
35 installments • 60%
My name is Mary Osei from Fanti Nyankumasi which is located in the Central Region of Ghana ,I live with my mother and four siblings am the eldest ,my father died in a car accident my mother is a trader who sell vegetables in Fanti Nyankumasi Central Market in last two years . I pass my juniori could not further more, my mother is also growing older ,my siblings are also furthering take care of the family and my self .
so i started selling of bread and drinks in the Fanti Nyankumasilorry station it was very hard,
I go for this bread and drinks on credit and make sales to the owner and give me some amount , I divide this amount into three, one is this profit to pay my school fees,my siblings and the rest are invested into my business ..
I deal in everyday foods which is basically soft drinks, biscuits and bread. I sell these mostly to travelers in vehicles. I do this when i have closed from school in the afternoon. The basic demand conditions for these goods is quiet high since there are many sellers in my community but we all make the needed sales too at the end of the day.
I choose this kind of business because it allows me to trade . It very also do not need any specialised skills hence any hardworking person can make something out for him or herself.
The cost and profit ratios are not that high but it is able to pay for my educational expenses and most part of my upkeep. I use the profits made from this business to finance my education.
Loan to help me buy a motorbike for distribution ,I will also use the rest to buy bag of rice and other food staff to sell them ,for now people call me and other food staff so I will use the rest of the loan and the profit to buy motorbike so I can delivery goods whom people buy from my shop .
God Bless You .
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$57.00
Date disbursed
May 12, 2017
Repayment status
Late
Projected term
3 months
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Amount repaid
$0.00
Amount remaining
$56.65
Expected completion
Aug 15, 2017
Status
Repaying late
Installment amount
$4.36
Expected Payments | Actual Payments | ||
---|---|---|---|
May 23, 2017 | $4.36 | ||
May 30, 2017 | $4.36 | ||
Jun 6, 2017 | $4.36 | ||
Jun 13, 2017 | $4.36 | ||
Jun 20, 2017 | $4.36 | ||
Jun 27, 2017 | $4.36 | ||
Jul 4, 2017 | $4.36 | ||
Jul 11, 2017 | $4.36 | ||
Jul 18, 2017 | $4.36 | ||
Jul 25, 2017 | $4.36 | ||
Aug 1, 2017 | $4.36 | ||
Aug 8, 2017 | $4.36 | ||
Aug 15, 2017 | $4.36 |
Marcus May 6, 2017
Sue L May 5, 2017
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