Expansion of cold store

Kwao

Akosombo Akrade, Ghana

41% repaid

Entrepreneur

Name

Kwao

Member since

November 2018

On-time repayments

53 installments  •  4%

About Me

My name is Kwao Abednego ,31 years from Ghana. Iam a graduate with with the aim to managed my own business and employ as many youth as I can because my country have high unemployment rate.I stay at Akrade Akosombo Eastern region of Ghana.

My Business

I run a 12 by 15 meters container coldstore. I sell frozen meat ,fish and vegetables.Currently,my monthly net profit is averagly GHS900.00.The business have the capacity to grow with the needed resources.My aim is to have my own farm to provide me with fowls and goat for meat and to develop the coldstore into company.
To achieve that,I need a four acre of land for the animal farming and site for the new business.The town is sarrounded by abandant of water from River Volta to provides enough water for the animals. I therefore need your help to raise GHS 20,000.00 to make this dream a reality but nevertheles I am ready to start with any manageable help. I will also need your counselling and motivation to go through.

Loan Proposal

I currently needs some category of meat that demand for it is very high such us chicken tight, gizzard, chicken legs, red fish and tilapia which will cost me around USD 500.00.
It will help me increase my profit so that I can pay my children school fees, cater for my parents and create additional job for others.
At least I am sure to make a profit of USD152.00 per month

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$253.00

Date disbursed

Feb 27, 2019

Repayment status

Late

Projected term

12 months

Lenders

Paul Buchheit

Mountain View, United States

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  • Kwao    Dec 31, 2019

    Business is not going on well cope with my children school fees

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  • Kwao    Oct 10, 2019

    I am indisposed

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  • Kwao    Sep 5, 2019

    I AM FINANCIALLY HANDICUP

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  • Kwao    Jul 4, 2019

    Due to illnes

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  • Kwao    May 23, 2019

    I have been indisposed for a couples of weeks now. I am now recovering from it. Hoping to buns back

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  • Kwao    Feb 27, 2019

    I will use the loan to buy additional chest freezer for my cold store business.
    It will help me to get more storage space for my stocks.
    Thank you so much for the offer given to me.

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  • Kwao    Feb 26, 2019

    Thanks to Zidisha Team for their wonderful job that they are doing, I also thanks all my lenders for supporting me to live a better life with my families, friends and neighbors. The loan I took was used to purchase one cantons of chicken back for my cold store business. My hope is to make it a big company in future so that I can also employ others. God richly bless you all for your genuine support. I hope to receive more of such support from you from time to time.

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  • Kwao    Nov 26, 2018

    I am Kwao Abednego, a young graduates of 31 years and currently into cold store business of my own. I live at Akosombo Akrade in the Eastern region of Ghana. The area is surrounded by abundant water that is good for fish farming, animal rearing etc.The business have the potential of growing into big company if the necessary resources are available. currently I need a double door freezers to store my stocks. The loan granted to me was just GH¢4.00 which I could not use it for anything. my hope is to develop this business into big company to employ at least 1000 workers in the future because my country have high unemployment rate.
    Aside the cold store business, I dream of having a poultry farm along side the cold store business to supply the cold store company with stock of meat and fish.
    To achieve this, I need a four ache of land valued at GH¢16,000.00
    Construction of a mini cold store at a cost of GH¢10,000.00
    Other miscellaneous expenses of GH¢4,000.00
    TOTAL COST OF GH¢30,000.00
    I am ready for auditing, inspection, and any other necessary arrangement that will be put in place to realize my dream. I also need some one to coach me to my dream.
    I will therefore be very grateful if anyone can help me with any amount

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