Entrepreneur
Name
Mensah
Member since
April 2015
On-time repayments
91 installments • 45%
About Me
Adjei Mensa is my name. I come from Ampenkro, a village near Drobo in the Brong Ahafo region of Ghana. My parents were peasant farmers who divorced when I was three years. It has been a miracle for my upbringing as a result of a relatively large family (seven siblings) and divorced parents. I had to start fending for myself from a tender age. I completed teacher training college and subsequently the university through the assistance of a good Samaritan. I therefore want to help my younger siblings as well as my nephews and nieces to continue their education and cater for my old mother. My community is a poor one so I intend creating an educational fund through the assistance of benevolent societies to cater for the needy.
My Business
I owe a provision and cold store in a small community called Menji in the Tain district of Ghana. Most of the town folk had to preciously travel about 10 kilometers to have access to meat and other valuable vegetables. I therefore created a cold store to sell fish and frozen chicken for consumption. This has eased the burden on the townsfolk from travelling for these products. I have recently added soft drinks and items for sale. Efforts are being made to purchase an extra refrigerator to make up for the increasing demand for my products.
Loan Proposal
The loan I secure would be used to increase my stock of frozen poultry and fish for consumption. I intend adding frozen pig feet and beef to my stock. I also want to increase my stock since my market size has doubled within the past two months.
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$174.00
Date disbursed
Jul 24, 2015
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
Ask Mensah a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$196.25
Amount remaining
$0.00
Date repaid
Nov 22, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 2, 2015 | $20.00 | Aug 3, 2015 | $20.00 |
| Aug 9, 2015 | $20.00 | Aug 9, 2015 | $20.00 |
| Aug 16, 2015 | $20.00 | Aug 16, 2015 | $20.00 |
| Aug 23, 2015 | $20.00 | Aug 28, 2015 | $20.00 |
| Aug 30, 2015 | $0.00 | ||
| Sep 6, 2015 | $0.00 | ||
| Sep 13, 2015 | $0.00 | ||
| Sep 20, 2015 | $12.50 | Sep 17, 2015 | $12.50 |
| Sep 27, 2015 | $12.50 | Nov 6, 2015 | $12.50 |
| Oct 4, 2015 | $12.50 | Nov 6, 2015 | $12.50 |
| Oct 11, 2015 | $12.50 | Nov 22, 2015 | $12.50 |
| Oct 18, 2015 | $12.50 | Nov 22, 2015 | $12.50 |
| Oct 25, 2015 | $12.50 | Nov 23, 2015 | $12.50 |
| Nov 1, 2015 | $12.50 | Nov 23, 2015 | $12.50 |
| Nov 8, 2015 | $12.50 | Nov 23, 2015 | $12.50 |
| Nov 15, 2015 | $16.25 | Nov 23, 2015 | $16.25 |
Loading...