Can malt and bottle water for my shop

Stephen

Techiman, Ghana

100% repaid

Entrepreneur

Name

Stephen

Member since

June 2017

On-time repayments

33 installments  •  64%

About Me

After my university education , I had to apply for many jobs without any feedback from employers. So I started my business with the little savings I had. I got a shop and started with sales of non alcoholic and alcoholic beverages. With the help of Zidisha with regards to my previous loans, I have been able to have a successful business.

My Business

I'm into the sales of alcoholic and non alcoholic beverages. sales of these beverages as moveable goods with demand very high.
I chose to deal in the sales of drinks because of its high demand and it good returns (profit). Profits from the sales of goods are reinvested into the business for it growth and part for the repayment of the loan. Business is now moving well. I hope to increase my stock with this my next loan.

Loan Proposal

I will used part of the loan to purchase 50 boxes of bottle ( medium size) @ a cost of $10.00 per box. And 50 boxes of large size bottle water @ a cost of $11.00. Part would be used to purchase 70 cartons of Can Malt at a cost of $ 15.00 per carton.
By this, of my loan is fully funded, it can increase my profit from 10% to 20% .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$12.00

Date disbursed

May 14, 2018

Repayment status

On Time

Projected term

1 week

Lenders

Paul Buchheit

Mountain View, United States

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