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.
With this loan I am planning to make a metallic cage in which I will store my sachets of water to sell.
This will be beneficial to others because I will have the capacity to take in more water to serve the demand of my customers so to save them the time and energy to walk about 500 meters away from my shop to buy water.
I am expecting a profit increase of about 20 %.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$14.00
Date disbursed
Aug 3, 2018
Repayment status
On Time
Projected term
3 weeks
Other loans
Amount repaid
$14.29
Amount remaining
$0.00
Date repaid
Sep 11, 2018
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Aug 10, 2018 | $4.91 | Sep 11, 2018 | $4.91 |
Aug 17, 2018 | $4.91 | Sep 11, 2018 | $4.91 |
Aug 24, 2018 | $4.48 | Sep 11, 2018 | $4.48 |
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