Stock of milo, milk, biscuits, and other provisions for my shop

Ruth

Nsawkaw, Ghana

100% repaid

Entrepreneur

Name

Ruth

Member since

July 2015

On-time repayments

139 installments  •  19%

About Me

I am Ruth Azumah Amoli, a 27 year old Ghanaian from Bawku in the Upper East Region of Ghana but currently stays at Nsawkaw in the Tain District. I am the first born among my parents. I started my basic education at the House of Hope Preparatory School at Bawku and furthered to Kusanaba Senior High School from 2006-2009 then to the Sunyani Polytechnic from 2011-2014. After School, I could get the opportunity to work at the Tain District Hospital in Nsawkaw as a Pharmacy technician. With the little amount I received, I could set up a provision shop. The shop has been set up alright but not to the standard I wish and so that's why I have come to you to seek for support to expand the shop so that I can get enough money to further my education for a degree. My people are kind. Most of the children want to be journalists when they grow.
I like watching local movies and reading newspapers during my leisure time.

My Business

I am a pharmacy technician at the Hospital but the goods and services I provide at my shop include the sales of milo, milk, sugar, soft drinks, energy drinks and so on. These goods are very useful in that they are required by the human system everyday. I chose to set it up so as to generate enough fund to support my education at the University when I gain admission. I spend close to about $200 each time I go for goods but this time I want to spend more than that so that I can earn more and save more for my education. If I am given the loan, I will reinvest it into the business so that I earn more profit. Thank you.

Loan Proposal

If I am given this loan, I will buy more items to increase my stock so that I can sell mre products to earn enough to generate more profit to be able to take care of my family and myself. I will buy provisions such as milo, milk, biscuits and many more. These would cost around $150. Increasing the sales will increase my revenue and help me in the future in terms of finance. Thank you very much.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Aug 14, 2015

Repayment status

On Time

Projected term

8 weeks

Other loans

Lenders

Roy

Espoo, Finland

PG

Paul Graham

United States

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Summary

Amount repaid

$97.25

Amount remaining

$0.00

Date repaid

Oct 11, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 23, 2015 $5.00 Aug 23, 2015 $5.00
Aug 30, 2015 $5.00 Aug 30, 2015 $5.00
Sep 6, 2015 $12.75 Sep 6, 2015 $12.75
Sep 13, 2015 $12.75 Sep 13, 2015 $12.75
Sep 20, 2015 $12.75 Sep 20, 2015 $12.75
Sep 27, 2015 $12.75 Sep 27, 2015 $12.75
Oct 4, 2015 $12.75 Oct 4, 2015 $12.75
Oct 11, 2015 $23.50 Oct 11, 2015 $23.50

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