Loan to buy four boxes of beer to sell in my shop

Richmond

Kwashieman, Accra, Ghana

100% repaid

Entrepreneur

Name

Richmond

Member since

December 2016

On-time repayments

70 installments  •  93%

About Me

My name is Richmond Kojo Owusu born to Mr and Mrs Owusu from asante region.
I am a past student of
Kaneshie secondary technical senior high school.
I have a bar which I run myself, it will filled with hard liquor and other alcoholic drinks.
I love to cook, because I love food so much.

My Business

I run a bar which I sell hard liquor and other alcoholic drinks such as beer, Guinness, orijin and champagne.
I choose this kind of business because that is where my interest is and I love the work I do.
The cost of item in my bar cost $1000, revenue quiet significant and depends on the occasion. Mostly on holidays lot of people come to my bar and can make $100
per week
Investment is mainly through saving to expand my bar when necessary.

Loan Proposal

Two boxes of beer to sell in my shop. The four boxes of beer cost $112.00.
This is a normal inventory i do make for my shop, looking at the Easter festivity coming, i am expecting high patronage of beer and i would not like people to come to my shop and there will be no beer to serve them with. The most reason, why i need this loan to buy two boxes of beer to sell for profit.
If i am able to buy the two boxes of beer, i will more beer and my profit will increase and will have enough income to save and also to take care of the educational needs of my little brother in school.
I humbly call on lenders, to assist me with this loan. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$112.00

Date disbursed

Apr 8, 2018

Repayment status

On Time

Projected term

3 months

Lenders

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Summary

Amount repaid

$112.30

Amount remaining

$0.00

Date repaid

May 12, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 15, 2018 $12.55 Apr 14, 2018 $12.55
Apr 22, 2018 $2.24 Apr 21, 2018 $2.24
Apr 29, 2018 $2.24 Apr 21, 2018 $2.24
May 6, 2018 $2.24 Apr 23, 2018 $2.24
May 13, 2018 $2.24 Apr 29, 2018 $2.24
May 20, 2018 $2.24 Apr 29, 2018 $2.24
May 27, 2018 $12.55 May 2, 2018 $4.48
May 12, 2018 $8.07
Jun 3, 2018 $12.55 May 12, 2018 $12.55
Jun 10, 2018 $12.55 May 12, 2018 $12.55
Jun 17, 2018 $12.55 May 12, 2018 $12.55
Jun 24, 2018 $12.55 May 12, 2018 $12.55
Jul 1, 2018 $12.55 May 12, 2018 $12.55
Jul 8, 2018 $12.55 May 12, 2018 $12.55
Jul 15, 2018 $0.67 May 12, 2018 $0.67

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