Counter chemical seller & dealer in food supplements

Ofori Mustapha

Techiman, Ghana

100% repaid

Entrepreneur

Name

Ofori Mustapha

Member since

November 2016

On-time repayments

270 installments  •  88%

About Me

I attended Techiman Ahmadiyya primary and completed middle school in 1989 and continue my education in the secondary level.Also completed in the year 1994 as ordinary level.Life became unbearable for me as i began selling food supplements and chemical drugs at a tender age of 10years when doing hawking from one market center to another selling to continue my education. On a particular occasion, i could not pay my school bills while selling in the market, council guards known as market securities chased me from the market preventing me to sell because i am child so am practicing child labor work instead of attending school for that particular period.
Through hardships as a mobile chemical drug dealer,i was thinking about how my community can get access to drug to solve their ailment or sickness and also to solve my children education.My people are peasant farmers and after the days work on farm,they need chemical drug to solve their problem for pain killers medicine.
Our culture is adowa dance and Fufu as our staple food. My hobbies are to serve my community well, hawking to sell,reading on instructions, browsing to get information, and swimming.

My Business

I sell different kind of chemical drug both mobile basis and counter selling. I also sell mobile phones and accessories in addition to my normal business. The revenue i generated is very huge and lucrative if given the loan to enable me purchase more goods.My daily sales is between Ghs 1,700 and Ghs 1,800 a day during market days. I normally purchased my products or goods from capital towns such as Accra and Kumasi because the price is moderate in big towns as compare to small towns. The profit will be used to purchase in large quantities as reinvestment and to foot my children school fees as well.

Loan Proposal

The loan will be use to purchase chemical drugs and food supplements.The chemical drugs such as paracetamol tablets & syrup,multivitamin tablets & syrup,all forms of pain killer drugs like diclofenac,malaria tablets & syrup for children etc.all will amount to $7,000.
When provided the loan,it will sustain my business and my family education.Also,my community will no more travel far to buy these drugs i have mentioned above.
My expectation is to increase my profit margin from 0% to 50% bi-weekly.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$353.00

Date disbursed

Mar 27, 2017

Repayment status

On Time

Projected term

7 months

Lenders

camilberlin

Berlin, Germany

Paul Buchheit

Mountain View, United States

JS

Jon Scherer

United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

JW

Jeslyn Wegner

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

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