Expansion of my provisions store

Godfred

Accra, Ghana

100% repaid

Entrepreneur

Name

Godfred

Member since

November 2016

On-time repayments

74 installments  •  72%

About Me

My name is Godfred Takyi. Am 23 years old boy and dark in complexion. I am 1.6 feet tall. I am single. I started my childhood education at the age of 3 years at Voice Of Deliverance school (Berekum). A young boy who was interested in Mathematics and Business started selling pens, exercise books and pencils at School at age of 8 years using my little pocket money. I started selling recharge cards after completing my Junior High School, even-though it was difficult combining school and little trade. My step-father who saw me as a little boy interested in marketing got me a kiosk. I sold soft drinks, biscuit etc (provisions) up till date. I live in a place where most of the people are very friendly and respect each others views and the environment is conducive for most businesses. I like reading a lot and playing games.

My Business

After years of hawking i was able to secure a kiosk from my step-father in my community to continue my business which i have operated for a year now. My dream is to operate a Super Market but as at now am running a provision store (kiosk) selling (soft drinks, bottle water and biscuit) in a small quantity. A lot of the customers always ask for other goods that i do not have although the business usually runs fast but the profit earned are used to purchase the same goods because it is in lesser amount. The loan will be used to purchase different types of goods and the other goods i do not have in a larger quantity. (upgrading)

Loan Proposal

I will buy goods or products in bulk straight from the warehouse. I will buy 4 crate of soft drinks (coke, fanta, sprite, malt) each for 9 dollars. 4 boxes of bottled water each for 4 dollars. A box of vodka for 16 dollars. 2 boxes of alcoholic beverages each for 5 dollars and a box of biscuit for 2 dollars.
The goods or products will be less expensive because I will but it from the warehouse, this will help me attract extra customers.
If all other factors being equal (weather, taste etc) my profit will increase by 60%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$101.00

Date disbursed

Sep 25, 2017

Repayment status

On Time

Projected term

2 months

Lenders

PG

Paul Graham

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, 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

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