Loan to buy more fruits to sell

Aboagye

Asuotiano Brong Ahafo, Ghana

100% repaid

Entrepreneur

Name

Aboagye

Member since

June 2017

On-time repayments

18 installments  •  56%

About Me

I started schooling at wamfie Presbyterian Junior high school and before I  complet(form 3) I lost both of my parents through a motto accident as they were on their way to a funeral rite at wamanafo.Things were had for me and my younger brother as we were leaving with our Aunt.She had four children so adding us to her's made us six children she had to take care of.My Aunt helped me to complete Junior high school but couldn't help me feather my education. So Later my unte gave me to a woman who needed house help and I moved in to stay with this woman at Berekum. And staying with this woman was the worst thing I did but I had no choice. She treated me like a slave. I was getting food to eat but the works i was being doing was too heavy on me.so I called back home(my aunt) that I want to come back but my aunt told me "it is not easy here oo so think twice". She didn't want me to come because of the hardship so I sttoped.At time I don't sleep because I have to weep for my late dad and mom because if they were there at that time I wouldn't have been into that.

I decided to visit my aunt for just about a week but I had the decision that I will never return to the woman's place.i left with 50 Ghana cedis my Transportation was five Ghana cedis and the rest was on me. time was set for me to go back to that woman my auntie asked me and I told her I am not going again she was very angry but that was the decision I took so I went in for oranges which costs 30 Ghana cedis but I could see that after I finish selling it I'll get 50 Ghana cedis so as I was selling oranges, I later added water Malone,banana,grannut and it was moving for me and now I can say is normal.

My Business

I sell oranges, water Malone, grannut and mangoes

Looking at how I get customers in think it was a good idea to move into that business. Demand is very high expecially water Malone and the oranges

I choosed it for the very beginning because that was what the money I had at the time could afford and I have seen that it was not a mistake doing that.

I got a typical cost from the woman I was staying with at Berekum(small savings on the money she was giving me)

Loan Proposal

I will use it to buy more fruits like oranges to expand my business.

It will reduce the number of times I board a car and go from this fruits(reduce my Transportation fee)

I expect my profit to increase about 25% added to my previous income.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Jun 19, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

Paul Buchheit

Mountain View, United States

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