Name
David
Member since
February 2018
On-time repayments
15 installments • 67%
Pomeyie David is my name . I come from Keta in the Volta Region in Ghana. But have stay in Koforidua from my infancy. I had my basic education at Trinity Presby Model in Koforidua, Then moved on to Ghana Senior High school also in Koforidua. Upon completing I futherd to Koforidua Technical University to read Purchasing and Supply.
I seek a lot of help from my mentor who motivates me, and to what ever goal I set, I press hard to accomplish.
At my leisure time, I like to read.
I am into the sale of provisions ( processed food stuffs , biscuits beverages etc) The goods are in demand because members of my community have a level of standard of living and have taste for such products.
I chose this kind of business because people always move long distances to buy such products and I saw the need to establish one at a vantage point to ease my neighbors from such stress .
Costing in the business include purchasing cost, transportation cost and overhead cost. And purchases from my customers are the main source of income.
I reinvest my profit to keep the business moving.
This time around I am planning to reduce my purchasing capacity due to fall in demand of my products due to the raining season in my country. I will buy
Food stuffs like sweet pepper, onion ,a quarter bag of sugar. To my self it will be beneficial because I will be able to have enough capital to finance my business and also to others it will benefit them because they will have assessibilty to goods. I am expecting a profit margin of about 15% increase.
Positive
None
Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Jun 13, 2018
Repayment status
On Time
Projected term
5 weeks
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