Kwadwo
Berekum, Ghana
100% repaid
Name
Kwadwo
Member since
May 2016
On-time repayments
166 installments • 31%
I am Ofori Kwadwo from Berekum municipal assembly in the Brong Sharp. I'm thirty years old. I am the first born to Mr. Ofori Yeboah Samuel and Mrs. Martha Ofori. I am dark in complexion and about 5.8 feet tall. I attended Berekum SDA mission school.
I'm now selling home goods. I was introduced into the business by a friend. He gave me GHS 700 for a start.
My business is located in the same town where I am staying. I deal in home supplies, mostly selling used electrical irons, laptops, and televisions. The people in my town like these items and it makes business move every day. In certain weeks, I gain about 8% to 15% increase in income. The business is lucrative and I cherish it most. Sometimes, I get enough money to feed home and pay my brother's school fees.
By the grace of our Almighty God, when you offer me this loan I will use 186 dollars to repair my business roofing which part was taken away by the wind last week. I will also use 70 dollars to buy hard drive for my shop. I will also use 100 dollars to get some home supply televisions.
These items will enable my business a smooth running every day. It will also encourage me to employ a full-time worker in the shop.
From profits, I will disburse 30% to settle the loan, use 20% to increase the business products. I will also use 40% for salaries and other expenses and save 10% as savings.
I am Ofori Kwadwo from Berekum municipal assembly in the Brong Sharp. I'm thirty years old. I am the first born to Mr Ofori Yeboah Samuel and Mr's Martha Ofori.
I am dark in complexion and about 5.8 feet tall. I attended Berekum SDA mission school.
I was introduced into the business by afriend.
He gave me Ghs 700 for a start. I'm now into selling of home goods.
My business is located in the same town in where I am staying.
I deals in home supplies mostly selling of home used electrical iron, laptops, television.
The people in my town like these items and it makes business move everyday.
In certain week i gain about 8% to 15% increase in income.
The business is lucrative and I cherish it most. Sometimes I get money to feed home and my brother's school fees.
By the grace of our Almighty God, when you offer me this loan I will use 186 dollars to repair my business roofing which part was taken away by the wind last week.
I will also use 70dollars to buy hard drive for my shop.
I will also use 100dollars to get some home supply television.
This items will enable my business a smooth running everyday.
It will also encourage me to employ a full time worker in the shop.
I will disburse 30% to settle for the loan, use 20% to increase the business products. I will also use 40% for salaries and other expenses and save 10% .
My on time repayments was 54% because my goods were stuck at the port due to insufficient finance but now clearance have been made and I promise to pay as promise by me.
Thank you.
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Project Type
Classic Loan
Disbursed amount
$367.00
Date disbursed
Mar 7, 2017
Repayment status
On Time
Projected term
34 months
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