Loan to supply health products

Paul

Tema, Ghana

100% repaid

Entrepreneur

Name

Paul

Member since

June 2015

On-time repayments

263 installments  •  88%

About Me

I am Paul Hodji.
I was born in an area where people do not value education but I managed to educate myself to an average level.
I then proceeded to teach in a technical school with marketing background.
Having realized the need to create additional income , I decided to go into distribution of health products.
With the proceeds , I am able to pay children;s school fees as well as feed my family .

My Business

As extra source of income, health products distribution has been my activity for the past 4years.
I now need $950 to purchase health products such as Omega 3, Spirulina, Calcium, Vitamins, Garlic and Ginseng capsules.
I purchase these items at wholesale and distribute to my customers directly by myself and therefore have no need to pay any employee or helping hand apart from transport costs.
By this am able to make sufficient profit of 40 % to take care of my family and reinvest into the business.
The demand for health products is high and my customers respond favorably with repeat orders .

Loan Proposal

I will purchase health products at wholesale to supply to my costumers.
My product lines are Spirulina capsules, Ginseng capsule, omega3 with calcium and Sanitary napkins.
The cost of the items amounts to 650.00$.

I will make a profit of about 30% of the cost at each supply.
Thank you.

My Videos

Jul 22, 2021: Purchasing and supply of health products

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$643.00

Date disbursed

Mar 19, 2018

Repayment status

On Time

Projected term

4 months

Lenders

Paul Buchheit

Mountain View, United States

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