Rejuvenate my provisions shop
Dominic
Kumasi, Ghana
$0 to go
100% funded of $80 goal
0
days left
Entrepreneur
Name
Dominic
Member since
November 2017
On-time repayments
24 installments • 42%
About Me
My childhood was a challenging because I was born in family with 8 other siblings from two different mothers. I overcame all the hardship by continuously motivating myself intrisically that one day everything is going to work. My country and land is unquie because of the rich culture and our hospitable nature. My children want to be literates in future. Finally my unique hobby is playing table tennis.
My Business
I am a provision shop operator who primarily focuses on canned food items, sweetened drinks, bottled water and other groceris. I primarily choose this trade because I earn just enough to take of my family. I often spend abot GHc 1000.00p every week in purchasing new items and realise an income of GHc 250 respectively. The income or profit generated is used for paying my children school fees, taking care of my family and reinvesting in the provision shop business for its continuous sustainability.
Loan Proposal
I will buy new items with about 178 dollars to revamp my shop with regards to all the items I sell. This will help rejuvinate, sustain and expand my business as well as increase my profit margins. It will also help me serve my customers better than before. Finally I expect to increase my profit margins from 78dollars to 85 dollars a week.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$80.00
Date disbursed
Mar 24, 2018
Repayment status
Late
Projected term
2 months
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Summary
Amount repaid
$0.00
Amount remaining
$80.47
Expected completion
Jun 22, 2018
Status
Repaying late
Installment amount
$6.72
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 6, 2018 | $6.72 | ||
| Apr 13, 2018 | $6.72 | ||
| Apr 20, 2018 | $6.72 | ||
| Apr 27, 2018 | $6.72 | ||
| May 4, 2018 | $6.72 | ||
| May 11, 2018 | $6.72 | ||
| May 18, 2018 | $6.72 | ||
| May 25, 2018 | $6.72 | ||
| Jun 1, 2018 | $6.72 | ||
| Jun 8, 2018 | $6.72 | ||
| Jun 15, 2018 | $6.72 | ||
| Jun 22, 2018 | $6.50 | ||
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