Buying ice chests and ingredients to make iced-kenkey drink

Nathaniel Hormeku-ajei

Accra, Ghana

100% repaid

Entrepreneur

Name

Nathaniel Hormeku-ajei

Member since

February 2021

On-time repayments

54 installments  •  100%

About Me

I'm a 43 year old father of three,
married,with a passion for entrepreneurship and a background in sales and marketing

My Business

I produce a beverage called iced kenkey and distribute it to campuses and some selected stores. The goal is to raise funds to buy a distribution van and tricycles to expand our market reach.

Loan Proposal

Buy materials to produce more to expand my customer base and reach out to new customers. Will also buy some ice chests for customers who do not have refrigerators to store the product and keep it chilled

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$516.03

Date disbursed

Aug 26, 2021

Repayment status

On Time

Projected term

7 weeks

Cost to entrepreneur

Service fee: $19.62

Lenders

K

Krish

Dubai, United Arab Emirates

PolarBearCapital

United States

MD

Miles Dodge

CORVALLIS, United States

C

cota

United States

TH

tom hd

United Kingdom

Ren

Minneapolis/StPaul, United States

Vratik Krocik

Prague, Czech Republic

Paul Buchheit

Mountain View, United States

C

Chris

United Arab Emirates

RT

Ravi Taxali

Markham, Canada

Black and White Zebra

Vancouver, Canada

Babbitt Family Foundation

Sioux Falls, SD, United States

A

Andy

United States

Anya

Redmond, Washington, United States

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  • Nathaniel Hormeku-ajei    Jul 1, 2022

    Will buy materials for production which will help me reach out to my customers. Want to thank my sponsors for the trust you have in me and continuing to support me. Thanks again and I'm very appreciative

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  • Ren    Jun 30, 2022

    Nathaniel, If your loan doesn't fully fund, I encourage you to try again! Sometimes this happens when there are many good loans to choose from. Good luck!

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  • Thelody Akwasi Amoa    Jun 30, 2022

    Thanks for your earlier support

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    • Nathaniel Hormeku-ajei    Jun 30, 2022

      The idea is to spread the love in helping or reaching out no matter how small it may be,cheers and best wishes in your endeavours

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  • Nathaniel Hormeku-ajei    Jun 17, 2022

    Will be able to restock materials for stocking to meet customers with the resuming of schools in a few days time

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  • Nathaniel Hormeku-ajei    May 7, 2022

    Have received my loan of 2676 cedis after deductions,will like to thank my sponsors as always gor the continuous support. Will purchase ice chests as earlier stated for my clients who don't have means of refrigeration and also woo new clients too so as to expand.
    Thanks for the support always

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  • Nathaniel Hormeku-ajei    Apr 29, 2022

    Thanks for funding my project, will purchase materials and ice chests for customers without refrigerators to chill the product. Thanks for believing in the project

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  • Bashara Abubakari    Apr 26, 2022

    I hope to see you at the top

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  • Peter Ribiro    Apr 18, 2022

    All the best bro

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  • Nathaniel Hormeku-ajei    Apr 13, 2022

    The high cost of food and fuel made things a little tough in the early days of March but was able to engage my customers about the need to increase our prices a bit and they were very cooperative. This encourage us to explore new areas and it's been successful hence being able to repay my loan two weeks before the due date!

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  • Nathaniel Hormeku-ajei    Mar 6, 2022

    Got 2725 cedis from over 70 backers....wow! I'm overwhelmed with the love and show of support from all my backers,really appreciate the confidence shown in my project and hope to step up the business. Thanks to all my backers for the support.
    Will purchase materials in anticipation of creating new markets.

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  • Nathaniel Hormeku-ajei    Mar 5, 2022

    Will buy materials for the production of iced kenkey and also use some of the funds to get some paraphernalia to explore new markets

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  • Nathaniel Hormeku-ajei    Feb 22, 2022

    It's been an interesting experience these few weeks.The universities were closed because of the strike action of the lecturers and I was a bit apprehensive as to how I was going to repay my loan since most of my supply vase was on campus...fast forward and my team and I explored other markets and it was amazing to see the demand. Was able to pay my loan ahead of time and looking forward to raise bigger loans and explore other markets

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  • Nathaniel Hormeku-ajei    Feb 15, 2022

    It's been an incredibly interesting period from December last year,was able to get materials and also did some branding that enable us reach a different group of target during the festive occasion. This went so well was able to finish repayment of my loan ahead of schedule. Hoping to ride on that success to do more

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  • Nathaniel Hormeku-ajei    Dec 26, 2021

    Received my loan of 2954 cds,will be able to buy and stock materials for production in anticipation of the schools reopening in January. Thank you to all my financiers for the continuous support!

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  • Nathaniel Hormeku-ajei    Dec 25, 2021

    Thanks guys for the continuous support and belief in my project.Will be able to stock materials for production when schools reopen. Thank you all

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  • James Chege    Dec 25, 2021

    Keep going, good business Nathaniel.

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  • Nathaniel Hormeku-ajei    Dec 14, 2021

    Was able to utilise my previous loan by buying materials for production and also had a few customised clients. Campuses that are my major markets have vacated so now focusing on events during the holidays whilst at the same time stocking up for school reopening

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  • Nathaniel Hormeku-ajei    Nov 17, 2021

    With the Christmas festivities around the corner, I hope to stock up materials to meet demands of clients who will be patronising our products and services during the occasion. Thanks to my lenders for making it happen

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  • Nathaniel Hormeku-ajei    Nov 8, 2021

    I received an amount of two thousand nine hundred and forty five cedis(Ghc2945) from my lenders. It came in handy at a time that I really needed funds to supply ice kenkey for a wedding and a funeral reception.
    Thank you to all my lenders for continuing to support my project and to also assure my new lenders to continue to support me on this exciting project

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  • Nathaniel Hormeku-ajei    Oct 30, 2021

    Have received an amount of 2945 Ghana cedis and. I'll put the funds into buying materials for my production and I want to thank all my backers for their support.

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