Entrepreneur
Name
Donkor
Member since
September 2016
On-time repayments
101 installments • 35%
About Me
My name is Emelia Donkor . I'm known and called DONK. Affter Senior High Education,I embarked on trading .I started selling chewing gum,toffees,matches and black polythene bags at the main lorry station. My target was to serve passengers who may travel around the municipality. I had accumulated some few monies so I hired a store and stocked it with milk,milo, satchel water, baby diapers,sugar,wahing and bathing soap and minerals like:coca-cola,malt,Fanta and so on. " Kwafie" is celebrated every two years in Dormaa Ahenkro and it is celebrated at the time when farmers had started harvesting their food crops.
My Business
I sell milk,milo,soap,toilet rolls and many others. I saw that these items would be useful tbecause when I was selling in smaller quantities for the passengers who where Because most of these item could be obtained from the big cities like Berekum, buyers prefer buying in larger quantities from Dormaa. I tried to sell things that people use daily. my products would a good supply for retailers especially on Tuesday's which is the municipal market. I started this business with. 100GH and now with the store, I have around 1000Gh as capital. I make a sale of about 100gh a day and even more on Tuesday's. I use part of the profit
Loan Proposal
I wishe to buy the following items into my shop if I am granted this very loan amount. Three boxes of Mike at $20. Two boxes of Tin tomatoes at $15. Three packets of Indo at $18 and five packets of soap at $30. These items will enable me to serve my customers well and in time it will also let my store room more attractive thereby increase my customer base. This is going to get me some profit to enable me cater for my ward's education. I expect that my profit would increase to about 80% if I am able to acquire this loan amount.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$4.00
Date disbursed
Sep 22, 2016
Repayment status
On Time
Projected term
6 weeks
Other loans
Ask Donkor a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.