Purchasing of rice cooker and blender
Richard
Winneba,central Region, Ghana
100% repaid
Entrepreneur
Name
Richard
Member since
June 2015
On-time repayments
248 installments • 27%
About Me
My name is Richard Aduonu . I am a boy of twenty five years old .I was born at Agona Abodom and grew up at Agona Swedru in the central region of Ghana. I started schooling at the age of three years . I completed my basic school at the age of sixteen years old .I further my education to the secondary school at Agona Nsaba Presbyterian secondary school .After secondary school I started selling pure water on the street for about three month and made a savings of about four hundred Ghana cedis(gh400) .I later switch to sell torch light, radio, iron etc. at Winneba central campus. I like this business because it has help me alot in my life .Moreover I settle at winneba because there are many schools there and the Aboakyir festival they use to celebrate which is so special . Finally I couldn't go to university because of hardship in my country. I will like to thank you very much for taken my letter into consideration.
My Business
my business is a sole own business located at Winneba central campus . I started with about four hundred Ghana cedis about four years ago but has expand to about five thousand Ghana cedis . I Sell things like electric iron, fan , extension socket, rice cooker and many more. My business has been moving on successfully since I started, even though I faced some challenges some times . Further more my business is at the road side where many people pass which also contribute to the well being of my business. Moreover , the demand for my goods incease because the thing s I sell are things the students need day- in day-out. Finally my business continue to expand because i use the profit for reinvestment in my business . I thank u for taken my business story into consideration.
Loan Proposal
I wish to use the loan that zidisha will give me to purchase goods and add its to my goods so that it will attract more customers. Due to the fall in our currency (ced
is) has led to an increase in the price of goods and services resulted in hardship in our country. If i get the money to expand my business my profit will increase about thirty percent(30%. ) I will buy things like rice cooker ,which cost US$20 , i will buy blender also and add to what i have because i have only one blender which cost $15 Morever am very sure that this loan will also help me to overcome the hardship which many Ghanaians are facing . I promise to do the repayment of the loan in accordance with the rules and regulations governing your services. I hope this loan will be given to me. Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jul 23, 2015
Repayment status
On Time
Projected term
7 weeks
Other loans
Lenders
United States
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