Entrepreneur
Name
Barnie
Member since
March 2020
On-time repayments
46 installments • 59%
About Me
my name is barnie justice i come from Ghana i am 24 years of age am the six born of my mother's children i went to Namong D/A primary school and continue my secondary level at Namong Senior High technical school i offered Agricultural . the reason why i overcame hardship is that i come from poor Family both my mother and Father are poor but they tried them self's to take me to secondary shool and as i finished i couldn't continue my education so i decided to my business
My Business
please i do plastic bowl business i need loan to expand my business my own business is selling plastic bowls so that i can also make my life simple i was having small capital that is 300GH and one plastic bowl is 7GH that is Factory price so when i go to market i sell it 10 ceids
so my profit is 3cedis so the whole day if I sell 50 bowls one day my profit is 150 cedis that is business am doing right now thank you.
Loan Proposal
I will use this loan to expand my business now I have employed two workers which I also pay them for a month my previous loan helped me so I went to factory and took 5 thousand plastic bowls so I think this my current loan will help me to take 10 thousand bowls in the future we work from Monday to Saturday and my sources income is 1000 cedis per day and profit is 700 cedis per day and we also distributes plastic bowls for our customers so our marketing business is moving fast so I don't have any problem to repay my loan first of all I will take this opportunity to thank all my lenders who helped me to received my loan
Income Source
the gorverment has lifted lockdown in our country so we have opportunity to work from Monday to Saturday and my income sources is 100 per week and profit is 700 so I can repay my loan on time due
Feedback
Positive
4
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$968.00
Date disbursed
Jul 24, 2020
Repayment status
Late
Projected term
7 months
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