Loan to purchase metal beds to increase business

Yeboah

Berekum, Ghana

100% repaid

Entrepreneur

Name

Yeboah

Member since

April 2017

On-time repayments

8 installments  •  100%

About Me

I am Yeboah frank from Berekum. I am a typical bono man.y mum and dad also comes from the same town.
Graduate of second cycle who obtain the ssce certificate in the year 2005 at a secondary school at biadan.
I developed an interest in selling items but I wasn't having an income and a friend gave me 100 cedis as a loan to start.
By Gods grace I have been able to pay off the loan and now with my own business.

My Business

Franklin business centre deals in selling second hand goods. I have been into this for about four years now.
I am currently earning some income and I am having two casual workers of which I pay them monthly .

Loan Proposal

When the loan is offered to me I will use 180 dollars to purchase 12 metal beds which will boost income rise because people prefer using of the beds, I will also 80 dollars to purchase 23 electric iron to be sold to customers.
I will get an increase rise of about 20% per week.
Some of the income shall be used to increase stock and some shall be used to repay the loan.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$260.00

Date disbursed

Oct 3, 2017

Repayment status

On Time

Projected term

6 weeks

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