Stock of local spices, canned goods, honey for my provision shop
Ernest Asare
Tema, Ghana
100% repaid
Entrepreneur
Name
Ernest Asare
Member since
March 2015
On-time repayments
153 installments • 32%
About Me
I grew up in the Capital City of Ghana in a suburb called North Kaneshie. I attended Eton International School during my elementary years and then continued to Kaneshie Secondary Technical School, for my secondary education. I had the chance of working for some reputable organisations such as Guinness Ghana Limited and Unilever Ghana Limited for three years. I continued to the tertiary institution to further my education by studying marketing as a result of the exposure i had in working with Guinness Ghana Limited and Unilever Ghana Limited. With the knowledge and experience earned, i decided to use my marketing background to start my own business and to grow it gradually. By God's grace this dream is being realized.
My Business
I started a business in 2014. It is a provision shop where i sell things like cooking oil, eggs, wines, canned products, spices, honey, etc. I am seeking to expand it and eventually open up other branches in different locations. I decided to venture into this kind of business. I started this business with 10,000 Ghana Cedis. My daily revenue is 200 Ghana Cedis averagely. The profits earned is reinvested back into the business.
Loan Proposal
I intend to invest the loan amount into my provision business, in order to expand my business portfolio to enhance my profits, and also help me achieve my vision of expanding my shop by opening other branches in the near future.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 7, 2015
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
Summary
Amount repaid
$99.00
Amount remaining
$0.00
Date repaid
Aug 4, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 19, 2015 | $10.75 | Apr 17, 2015 | $10.00 |
| Apr 24, 2015 | $0.75 | ||
| Apr 26, 2015 | $10.75 | Apr 26, 2015 | $10.75 |
| May 3, 2015 | $10.75 | May 5, 2015 | $10.75 |
| May 10, 2015 | $10.75 | May 10, 2015 | $10.75 |
| May 17, 2015 | $10.75 | May 17, 2015 | $10.75 |
| May 24, 2015 | $0.00 | ||
| May 31, 2015 | $5.00 | Jul 1, 2015 | $5.00 |
| Jun 7, 2015 | $5.00 | Jul 2, 2015 | $5.00 |
| Jun 14, 2015 | $5.00 | Jul 21, 2015 | $5.00 |
| Jun 21, 2015 | $5.00 | Jul 22, 2015 | $5.00 |
| Jun 28, 2015 | $5.00 | Aug 4, 2015 | $5.00 |
| Jul 5, 2015 | $5.00 | Aug 4, 2015 | $5.00 |
| Jul 12, 2015 | $5.00 | Aug 4, 2015 | $5.00 |
| Jul 19, 2015 | $5.00 | Aug 4, 2015 | $5.00 |
| Jul 26, 2015 | $5.25 | Aug 4, 2015 | $5.25 |
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