Coconut oil for grocery store

John

Accra, Ghana

100% repaid

Entrepreneur

Name

John

Member since

July 2015

On-time repayments

108 installments  •  72%

About Me

I am John Bullah.
I was born 6 months after my father had died.
As the last born into a family of 10 , and as an orphan at birth , I had a very difficult childhood not only because all my older brothers and sister have to look to a hardworking but single parent whose source of income is sales of KENKEY and fried fish ,but also because the same already much old woman has to pay rent and other utilities.
She managed to ensure I had the basic education but because I realized the need for further education , I struggled to pay my secondary education . Currently I assist a tipper truck driver 3 days in the week and operate a miniature food shop

My Business

I sell rice and cooking oil.
The people in the neighborhood rely on my shop for these basic consumables and are ready to spend the last penny.
The cost I incur Include getting the goods from the farmers and transporting them to my miniature shop.
I use the income to support my now advanced in age mother and to grow the business

Loan Proposal

Purchase of Coconut oil
75litersx$2.00 Cedis= $150.00
Transportation: $30.00
..........................................................................
$180.00
Sales :
75x$3.30= $247.50

Net profit: $ 67.50
Period: 1month.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$226.00

Date disbursed

Jun 22, 2016

Repayment status

On Time

Projected term

33 months

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Ask John a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Christian    Apr 25, 2018

    Hello John, why display your national ID card here where anybody can see it. You are at a risk. Anybody can use it for any illegal activity and you would be held liable. Kindly take it off. You can upload your ID card at the support ticket if you are having any challenge and ask the Zidisha Team for assistance. Thank you, wishing you all the best.

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  • John    Mar 18, 2018

    Dear Sir/ Madam
    This is the card I have always used .
    I do not have any other card.
    John Bullah

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    • J    Mar 18, 2018

      Please don’t ever upload an image of your National Id. Card to this public screen! That puts you at high risk for identity theft!

      This is a place to communicate with lenders if you want support then you should always create a support ticket using the help menu (www.zidisha.org/borrower/help).

      Kind regards,
      Joost
      Team Zidisha

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  • John    Feb 25, 2018

    Dear lenders,
    The last loan you granted to me enabled me to grow my business as well as help my sister and brother pay the school fees of their children. I also been able to rent a bigger store as well as introduce new items to my customers.
    Once more thank you and may God bless you.
    John Bullah

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  • Juliet    Mar 2, 2017

    This borrower has a little challenge but will be making payment soon

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  • John    Mar 1, 2017

    Sales and business does not flourish this time s expected.

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  • John    Oct 1, 2016

    Business is getting successful and many customers has settled their debt.

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  • John    Oct 1, 2016

    I am getting more customers and demand for related goods are highly demanded.
    I am considering adding other food stuffs to the coconut oil or finally get into farming.
    Thanks once more to my lenders.

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  • John    Sep 5, 2016

    There has been an improvement in Business.

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  • John    Jul 9, 2016

    Business is not as good as expected . Many debtors have not paid.

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  • John    Jul 4, 2016

    Hello Sir/ Madam.
    I have mistakenly tranferred my payment to your old number since yesterday afternoon. I just remembered that you sent a new number recently.
    What do I do in this case?

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  • John    Jul 1, 2016

    Hello Sirs,
    Excuse me for the delay in notifying you that I received the second loan sent to me last week.
    I am very grateful.
    Yours faithfully.
    John Bullah

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  • John    Jun 20, 2016

    Thank you my dear lenders.
    With your loan I will be able to purchase a large stock of coconut oil .
    This will help me increase my capital through the profit I will make.

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  • John    Mar 21, 2016

    With this first loan . I was able to buy and sell more of the coconut oil . My customer base has doubled and as result I have been able to make more profit that enable me to pay the last installment of my training fee as well us grow my business .I have introduced palm kernel oil last of which I have taken stocks that can take me for a month.

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  • John    Aug 10, 2015

    Dear Sir,
    I a,m grateful to the lenders and the entire Zidisha staff for granting this loan to grow my business.
    Yours faithfully
    John

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