A loan to seal up a contract with my distributors

Kwasi

Asuom, Ghana

100% repaid

Entrepreneur

Name

Kwasi

Member since

October 2016

On-time repayments

203 installments  •  30%

About Me

I was born into an extended family and name after my grand father kwasi kyere. I also had the chance to attend training college with some teaching experience. But what i trust and like so much is marketing . Base on this i established a unit business
Gone in the days school in the teachers training college I worked very hard in trying to put everything in place in building a stronger posterity . My startup potential was scanty .
Right after college, our postings to teach in various communities as teachers was thwarted by government policies, ie the government says it lacks the funds to pay for teacher training allowances and salaries. So we were all sidelined for almost 3 years without postings .

My Business

Running and stiring affairs with me now a full time shop I can confidently boast of. When I took my teacher training allowances I did sink in it into my shop business and it has exceedingly grown rich and bigger

Currently my turnover is nothing less than 800Ghs a month
I join the some key suppliers and asked for some insecticides spray to be supplied to me. I also run a mini branch and being the sole distributor of insecticides sprays., which is been supply to me by AGRICO products on credit basis. Since there has been a common outbreak of malaria in my vicinity. This has really come to boost my operation.
Malaria is too common and among us in our vicinities and i will need to increase my stock in adding more stock of this insecticides tins to my shop shelves

Loan Proposal

I will use these funds in the facilitation of the deal with the distributors and will be able to enjoy more products from them. I believe strongly that this deal will stretch far and bring in more profits to enable me repay my loan and run my shop well. thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Oct 31, 2016

Repayment status

On Time

Projected term

5 months

Lenders

The Zinc Team

San Francisco, United States

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