Buying plastic containers to pour palm oil inside to sell

Akosua Susuana Afriyie

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Akosua Susuana Afriyie

Member since

June 2021

On-time repayments

17 installments  •  35%

About Me

I am Akosua Susuana Afriyie a Ghanaian born child and married with two children. I completed my SHS at Ejisuman and ever since I ventured into trading. Growing up was very tough as I was the elder and much was expected of me. With hard work I now own my business. My grandmother used to sell palm oil and I used to help her, so after her death I took over and started trading in edible oil business. My first born want to become and a doctor and the second girl want to be a teacher. I like playing football and I support Asante Kotoko in Ghana.

My Business

I sell Palm Oil at wholesale to retailers and also retails some at my shop. Palm oil is used by most Ghanaian women in preparation of food and and restaurants use palm oil to prepare their food to sell. This makes them demand on daily basis. I am into this business because I developed passion for it since infancy when I was helping my grandmother. I use the profit I get to reinvest back into the business and this helps me a lot in my business, I also use the profit for settling some family expenses.

Loan Proposal

I am applying for this to help me buy small plastic containers that can be used to hold palm oil at a medium size to sell to my customers. Some food retailers need to buy the palm oil in small quantities and buying this containers would help me sell to them. This will enable me sell more along the week and raise profit to support my business.

Income Source

Since my kind of business is a daily food consumption people buy from me daily and I get to save enough profits that would help me pay this loan. I would pay from this profit I get each and every day.

My Videos

Jun 30, 2021: Akosua zidisha loan video

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$12.55

Date disbursed

Jun 27, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $0.38

Credit risk payment: $2.15

Lenders

KM

Kent McIntosh

California, United States

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