Nancy
Techiman, Ghana
75% repaid
Name
Nancy
Member since
November 2017
On-time repayments
23 installments • 57%
My name is Nancy Acquah. I'm 30 years old. I have completed Polytechnic with diploma in Logistics and supply chain. I'm the fifth of my siblings.
I started trading at the age of 18 when I was at the secondary school.
I deal in the sales of soft drinks like Fanta, malt, sprit and a whole of drinks. I also sell pure water, both in sachets and bottle.
I chose to do this business because of its high returns . Profits are high since my goods are in demand each day.
Profits are used for reinvesting into the business and part used to pay for my child's education.
When the loan is fully funded, I will use some to purchase 10 Boxes of bottle water at $5 per box. Sachet water @ $1.5 per pack. I expect a profit increase of about 4% . As I get more profit, it would help me repay my loan and use some to look after my ward.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$76.00
Date disbursed
Jan 18, 2018
Repayment status
Late
Projected term
3 months
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