Canned malt for my alcoholic-beverage shop

Stephen

Techiman, Ghana

0% 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

The loan would be used for the purchase of Malt drink which would cost $10 per carton. I would purchase 6 cartons of Malta drink. When I am able to add this stock to my previous stock , it would boost my sales and there by increasing my profit margin. After sales of these product, I expect profit increase of %15 from %10.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$91.00

Date disbursed

Nov 21, 2018

Repayment status

Late

Projected term

7 weeks

Lenders

Paul Buchheit

Mountain View, United States

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