Support for millet business

Daniel

Takoradi, Ghana

100% repaid

Entrepreneur

Name

Daniel

Member since

August 2019

On-time repayments

67 installments  •  46%

About Me

I am Daniel Kuumaaru from Takoradi-Ghana.
I got my Junior High education at Saint Andrew's Junior High School at Nandom and proceeded to Saint Michael's Boys Senior High School also located at Nandom. From there, I gain admission to study Higher National Diploma in Accountancy at Takoradi Polythecnic.
Throughout my tertiary education, all I wanted to do is to be an Entrepreneur, to setup businesses and employ others to work since there is high unemployment in my country. This high unemployment is due to the fact that, every graduate wants to work in Government offices which can absorb only 25% of this number of graduates.

My Business

I started my business which is Millet processing through personal savings and financial support from family and friends.
Overcoming every obstacle,which is to walk on foot from several kilometers in order to get customers for my product and the business has gain me a higher return on my investment.

Loan Proposal

I will use the loan amount to purchase heat gun for packaging my product. I will also use part of the loan to buy millet, sugar and containers for my product.
I also have a plan of expanding my production facility if given a higher loan support.

Income Source

Since my product is a food base category which is very essential to mankind, my product will still be in demand by my customers.
I will also use delivery van to deliver my customers orders right to their door step other than having my customers to que at my shop. This is in a way trying to observe some of the covid-19 protocols.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$236.00

Date disbursed

Jan 30, 2021

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

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