Loan to buy additional stock for my provisions shop
Angelina
Kumasi, Ghana
100% repaid
Entrepreneur
Name
Angelina
Member since
May 2021
On-time repayments
26 installments • 62%
About Me
Am Angelina a 43 year old woman with four kids. I have been running this shop for the past 5 years. A very hard worker with the aim of letting my children attain higher education.
My Business
My business is a retail shop inwhich I sell all kinds of provisions. The demand for the items in the shop is very high so profitability is also high. My profit has been adding about 40% to my capital every quarter of the year.
Loan Proposal
loan for additional stock. I will use this loan to buy additional stock of goods into my shop. this is to maximise profit and also increase customer satisfaction.
Income Source
indeed many business are facing risk but as an entrepreneur such situations will be very useful in gaining profit. I will be using the profit made to repay the loan and if it gets to a point that the profit is not enough to repay, I will use my savings to support it.
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$20.00
Date disbursed
May 28, 2021
Repayment status
On Time
Projected term
1 week
Other loans
Lenders
Markham, Canada
Ask Angelina a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$20.32
Amount remaining
$0.00
Date repaid
Jun 6, 2021
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 5, 2021 | $20.32 | Jun 6, 2021 | $20.32 |
Jessica Jun 8, 2021
Loading...