Frozen meat and vegetables for grocery shop
Mensah
Drobo, Ghana
32% repaid
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
My shop deals in the sale of frozen meat for consumption. I intend selling vegetables in addition to the frozen meat. I will use USD 100 for the purchase of vegetables like tomato,egg plant,cabbage,carrot,okra,pepper,onion and groundnuts for sale. I will use USD 40 for the payments of electricity bill and USD 30 for transportation. The remaining USD 200 will cater for miscellaneous. Sales made from my shop and my monthly salary(as a teacher) will be my sources of revenue to pay off the loan.
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$193.00
Date disbursed
Sep 24, 2016
Repayment status
Late
Projected term
8 months
Other loans
Lenders
Fontvielle, Monaco, Yemen
Taiwan
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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
$61.92
Amount remaining
$131.32
Expected completion
Jun 14, 2017
Status
Repaying late
Installment amount
$5.16
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Oct 5, 2016 | $10.32 | Oct 5, 2016 | $10.32 |
| Oct 12, 2016 | $5.16 | Oct 12, 2016 | $5.16 |
| Oct 19, 2016 | $5.16 | Oct 19, 2016 | $5.16 |
| Oct 26, 2016 | $5.16 | Nov 8, 2016 | $5.16 |
| Nov 2, 2016 | $5.16 | Nov 8, 2016 | $5.16 |
| Nov 9, 2016 | $5.16 | Nov 8, 2016 | $5.16 |
| Nov 16, 2016 | $5.16 | Dec 5, 2016 | $5.16 |
| Nov 23, 2016 | $5.16 | Dec 6, 2016 | $5.16 |
| Nov 30, 2016 | $5.16 | Dec 22, 2016 | $5.16 |
| Dec 7, 2016 | $5.16 | Dec 22, 2016 | $5.16 |
| Dec 14, 2016 | $5.16 | Jan 21, 2017 | $0.52 |
| Jan 21, 2017 | $4.64 | ||
| Dec 21, 2016 | $5.16 | ||
| Dec 28, 2016 | $5.16 | ||
| Jan 4, 2017 | $5.16 | ||
| Jan 11, 2017 | $5.16 | ||
| Jan 18, 2017 | $5.16 | ||
| Jan 25, 2017 | $5.16 | ||
| Feb 1, 2017 | $5.16 | ||
| Feb 8, 2017 | $5.16 | ||
| Feb 15, 2017 | $5.16 | ||
| Feb 22, 2017 | $5.16 | ||
| Mar 1, 2017 | $5.16 | ||
| Mar 8, 2017 | $5.16 | ||
| Mar 15, 2017 | $5.16 | ||
| Mar 22, 2017 | $5.16 | ||
| Mar 29, 2017 | $5.16 | ||
| Apr 5, 2017 | $5.16 | ||
| Apr 12, 2017 | $5.16 | ||
| Apr 19, 2017 | $5.16 | ||
| Apr 26, 2017 | $5.16 | ||
| May 3, 2017 | $5.16 | ||
| May 10, 2017 | $5.16 | ||
| May 17, 2017 | $5.16 | ||
| May 24, 2017 | $5.16 | ||
| May 31, 2017 | $5.16 | ||
| Jun 7, 2017 | $5.16 | ||
| Jun 14, 2017 | $2.32 | ||
Loading...