Loan to buy coconut oil

Hope

Accra, Ghana

39% repaid

Entrepreneur

Name

Hope

Member since

June 2015

On-time repayments

243 installments  •  30%

About Me

My name is Hope Tsakpornu.
I come from a village called Dzodze in the Volta Region in Ghana but grew up in Accra. My family actually is not wealthy but i managed to go to SHS after which i did a six month media course in journalism, broadcasting and marketing. despite my education I come to realize that, in order to build a strong future, achieve my goals and effectively cater for my family, I would have to go into business. To be precise food distribution, since food is being consumed every blessed day.

My Business

For now I am distributing Rice , oil and other daily consumables for people need these products daily.
The cost I incur include purchases of these commodities , the transportation and rent. for I do almost all the purchases and the distribution.
I have not employed any worker though. I may consider this in future plans
The profit cater for my daily needs and expansion of this venture.

Loan Proposal

Time duration : 2weeks
PURCHASES
Items. Quantity Unit price($) Amount($)
Coconut oil- 3 Jelly cans 36.00 108.00
Transport 1.50 4.50
Total 112.50
Sales : 18 gallons 12.00 216.00
Gross profit 216.00-112.50 $103.50

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$135.00

Date disbursed

Mar 27, 2017

Repayment status

Late

Projected term

38 months

Lenders

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

HH

Helen Horseman

United Kingdom

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  • Helen Horseman    Oct 20, 2017

    Thank you for the regular repayments Hope, it's appreciated. I hope all is well for you.

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  • Hope    Jun 30, 2017

    Most customers have not pay as promised and as result business has not flourished as expected

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  • Hope    Mar 26, 2017

    Dear Lenders,
    I am deeply grateful for this loan that you have made possible.
    I will therefore will able to get new stock of coconut oil for my stall, thus growing my business and income as well.
    Thanks once more for your kindness.
    Hope Tsakpornu

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  • Hope    Mar 17, 2017

    Dear lenders,
    I am writing to inform you that with the previous loan I have been able to expand my business to that of a wholesaler and also was able to finance part time education to improve upon my education and give myself a professional training in Journalism.

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  • Hope    Aug 13, 2016

    Business is not as successful as expected.

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  • Hope    Jun 14, 2016

    Business could not flourish as expected.

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  • Hope    Dec 27, 2015

    Dear lenders,
    I am grateful for your willingness to once more allow me take this loan to buy more coconut oil to increase my income in the food shop . I am thankful and pray for divine blessing on you

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  • Hope    Dec 19, 2015

    The Zidisha first loan enabled me to purchase more coconut oil and rice and that has increase my stock and opened my stall to new customers and that increased my earning by 20%.
    I have been able to enroll for a part time course in a Diploma in Business and rent a shop for my business. I have also been able to help pay part of my siblings school fees. I also was able to take two of my nephews to a Zoo in the central region of Ghana.

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  • Hope    Oct 21, 2015

    Business has not been as good as expected and my stock has been disturbed by flood

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  • Hope    Sep 12, 2015

    Sales was not as good as expected

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  • Hope    Aug 30, 2015

    My business has recorded a low sales these two weeks

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  • Hope    Aug 10, 2015

    Sales have improved slightly a little

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  • Hope    Aug 2, 2015

    Sales were not good as expected

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  • Prince    Jul 16, 2015

    Hello zidisha team and lenders,thank you for funding the loan of Hope.He promise to repay on time.Thank you.

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  • Hope    Jul 1, 2015

    Thank you very much for approving my loan proposal.
    I look forward for the funding and eventual disbursement.
    Thanks

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