Add rice business to my shop

Owusuaa

Techiman, Ghana

100% repaid

Entrepreneur

Name

Owusuaa

Member since

September 2016

On-time repayments

12 installments  •  50%

About Me

I am owusuaa Esther.I lived with my parents in techman.i during my childhood, I was fortunate that upon all the hardships, i got responsible parents to take me to school. I attended holy spirit primary and junior high after completing junior high 2010,I got admission at Yaa Asantewaa senior high in Kumasi..I lost my father on 12th August 2010..Since he was the bread winner for the family .my mother got admission for me at Techiman Senior high which was purposely to save transportation. I got an opportunity to enter into my own business with the supported by Mother's brother who was in Libya..I established my own business of which I sell items like biscuits, toffees, polythene bags,just to mention a few.my mothers brother lost his life within 2015.I like my children to enjoy life and never to face the same situation so I want help to be able to plan well upraise my business..i use to play volleyball in school so it has develop to be my hobby

My Business

I provide Biscuits, Toothpastes and toothbrushes, soaps, milo,milk,toffees, polythene bags,spices.I sell these items either bulk purchase or less demand from customers.I chose selling those items because within my vicinity, there is much demand on those products. I make orders of those products from uniliver Ghana limited so I incurred less cost on them and my revenue from this business exceeds my cost so I get a little profit on them.the only cost i incured which reduce my profit sometimes was money to pay the loading boys to send those items to the warehouse as well as their feeding too.the profit gain from the shop are used to cater for school of my three brothers as well as my old mom who is aged and cannot work..water bills are been taken care from the same proceeds from the business

Loan Proposal

after securing this loan,I want to add the selling of Rice to my business. My customers have been complaining about why I do not add rice to my business..the reason was lack of fund to invest in it..Rice can fall short of demand especially on Tuesdays which is the market over here..I also need the help from Zidisha team to be able to expand my business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Oct 5, 2016

Repayment status

On Time

Projected term

6 weeks

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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