Loan to expand my provision shop

Kofi

Sunyani, Ghana

100% repaid

Entrepreneur

Name

Kofi

Member since

March 2016

On-time repayments

50 installments  •  36%

About Me

My name is Kofi Fofie a man from Sunyani born on 12th April 1984 in the Brong Ahafo region of Ghana.I am 31 years of age. I started my basic school at Sunyani R/C Junior High School.I also went to senior high at Osei Tutu Senior school.After my senior high,i went to sunyani polytechnic and i offered marketing as a course. I am married with two children .My parents are Madam Constance and Mr Apraku.I have two brothers .I am the first born of my parents .is my dream to go high to make a living so that i can help look after my kinds by giving them better education.The food i like best is rice and stew and my hobbies are watching movies and swimming,dancing.i am also kind to every body

My Business

started my business some years ago at Sunyani after completing my education.I have my shop where i sell my provision.I sell provisions such as milk,,biscuit,bread,rice and all kinds of canned and bottle foods,etc.Is this my business i used in feeding my parents ,children and wife now.My profit keeps on increasing every week because i have a lot of customer who buy my products .I manage to get 50% profit every week and it helps me a lot to looks after my parents and also my younger brothers.Is my dream to expand my shop so that i will increase my profit margin by 60% so my dear lenders help me.

Loan Proposal

My dear lenders i wish to apply for a loan of $100.00 to expand my provision store.When this loan is given to me i will use it to expand my store by purchasing more products to fill my shop .I will purchase products like ,margarine,cheese,tin tomatoes,coned beef which will cost me $100.00 and rest of the money which is $70..00 will also be use to purchase,bottle drinks and sachet water.It is my dream to sell more products to my costumers and raised enough profits to look after my family .When this loan is given to me it will increase my profit margin by 30% , so my dear lenders help me and will repay my loan on time.Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$164.21

Date disbursed

Mar 17, 2016

Repayment status

On Time

Projected term

4 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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