Distribution of consumable goods

Emmanuel Dumor

Ho, Ghana

100% repaid

Entrepreneur

Name

Emmanuel Dumor

Member since

August 2015

On-time repayments

280 installments  •  94%

About Me

Emmauel Dumor is my name.
Started my education at No. JSS at Akatsi in the Volta Region of Ghana. after school I worked with British American Tobacco Company for three years. After the three years I continued to Akatsi Secondary Technical School, where I pursued Business. I continued to Ho Polytechnic to do HND Marketing. I graduated and have since been working with a distributor and also started a business of my own which i believe would grow to meet the demands of my customers.

My Business

Emmanuel is into a business of buying and selling of fast moving consumable goods (FMGC). examples of this goods are washing soaps, tooth pastes, tooth brashes, soaps, biscuits and more. I want to add Rice and Sugar since a lot of people are requesting for it but the capital involved I huge.
The major activity in my area is retailing and people travel to far distances to buy these things for resale, looking at this I thought it wise to make these goods available for them to reduces the cost of travelling.
This needs much capital to be able to be in business because the more you buy the lesser the cost incurred on each product. my business needs like GHc35,000.00
the profit from my business is re-reimbursed and also part used in helping the poor children to be able to go to school.

Loan Proposal

Thank you Team
I would use this loan to buy goods for resale to customers who I have being selling to for the past 10 years. I would buy goods like toothpaste, toothbrush, soaps, washing powder, rice and sugar for redistribution on a one week credit to my customers at a profit.
Thank you Zidisha

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$183.11

Date disbursed

Aug 19, 2021

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $6.96

Lenders

Vratik Krocik

Prague, Czech Republic

RS

Russel Stanbery

Columbia, United States

A

Andy

United States

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