Buying refrigerator to store soft drinks for sale

Frank Darko

Konongo, Ghana

0% repaid

Entrepreneur

Name

Frank Darko

Member since

January 2021

On-time repayments

21 installments  •  24%

About Me

I am Frank Darko from Konongo in Ashanti Region. I grew up from a poor background so I was taught about modesty. I am married with six children. I travelled outside the country some time ago and came back to Ghana due to lack of papers to work outside. I decided to work here in Ghana because I think I can make it no matter where you are. I was able to school up to second cycle education but could continue and decided to do business. Now it's my dream to open more shops across can so I can employ more youth in different areas to improve their lives. Back in school I was a good football player I still play football sometimes. I am happy to be part of the zidisha family.

My Business

I sell can foods and other foodstuffs at wholesale to my clients. We sell thi mgs like sacks of rice, Tin tomatoes, and all kinds of can foods. This business is very encouraging as most Ghanaian community depends mainly on can foods. The sales are very good and generate profit which is a low risky area to invest your money.

Loan Proposal

I have started selling soft drinks at my shop and would need a refrigerator to start storing these drinks to sell to my clients. Most of my clients who comes to my shop request for chilled soft drinks especially in the afternoon. The demand is so high that it has prompted me to buy a refrigerator to start selling drinks so I can raise interest from that avenue to support my business. This will enable my customers feel happy at my service and increase my profit sales margin. The price of the refrigerator is Ghc1250.

Income Source

The loan I would be granted would be payed from the sales I make each and everyday until its exhausted. I would always make sure I pay on time to prevent any default.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$301.02

Date disbursed

Mar 13, 2021

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Service fee: $10.76

Credit risk payment: $32.41

Optional expediting fee: $21.65

Lenders

ZlataRoy

Cheltenham, United Kingdom

NH

Nancy Hull

United States

Paul Buchheit

Mountain View, United States

E

EJOBIV

United States

DB

Darren Boyd

United States

C

Camm

Australia

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