Inventory for my provision and cold store

Mensah

Drobo, Ghana

100% 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 provision shop and cold store which used to be situated in town has now been relocated near the senior high school. Previously, students had to walk a distance away for their toiletry,drinks, frozen meats and petty items. I have relocated my shop so that I can sell to the entire student population.
The loan I would secure would be added to my salary to buy items for my shop.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$186.00

Date disbursed

Apr 29, 2016

Repayment status

On Time

Projected term

3 months

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

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Summary

Amount repaid

$195.22

Amount remaining

$0.00

Date repaid

Aug 31, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 10, 2016 $14.23 May 9, 2016 $14.23
May 17, 2016 $10.74 May 17, 2016 $10.74
May 24, 2016 $10.74 May 17, 2016 $10.74
May 31, 2016 $10.74 May 30, 2016 $10.74
Jun 7, 2016 $10.74 Jun 10, 2016 $10.74
Jun 14, 2016 $10.74 Jun 14, 2016 $10.74
Jun 21, 2016 $10.74 Jul 25, 2016 $10.74
Jun 28, 2016 $10.74 Jul 29, 2016 $10.74
Jul 5, 2016 $10.74 Aug 2, 2016 $10.74
Jul 12, 2016 $10.74 Aug 2, 2016 $10.74
Jul 19, 2016 $10.74 Aug 3, 2016 $10.74
Jul 26, 2016 $10.74 Aug 22, 2016 $10.74
Aug 2, 2016 $10.74 Aug 22, 2016 $10.74
Aug 9, 2016 $10.74 Aug 22, 2016 $10.74
Aug 16, 2016 $10.74 Aug 22, 2016 $10.74
Aug 23, 2016 $10.74 Aug 22, 2016 $5.37
Aug 31, 2016 $5.37
Aug 30, 2016 $19.87 Aug 31, 2016 $19.87
Sep 6, 2016 $0.00

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