Expansion of sales of cane products business

Wise Torgbo Dziedzorm Kwaku

Sunyani, Ghana

90% repaid

Entrepreneur

Name

Wise Torgbo Dziedzorm Kwaku

Member since

November 2014

On-time repayments

221 installments  •  71%

About Me

I am a young man of 28 years old and first of a family of five to my parents Mr. Torgbo Samuel and Mrs. Fe- Mensa Stella. I live in Sunyani in the Brong Ahafo region of Ghana. I had my basic and secondary education in the Bekwai municipality where my parents are predominantly farmers of cocoa and palm plantation. I attended my secondary college for Visual Art studies and Business studies in the Awudome between 2001-2004 and Oppon Memorial Secondary between 2005-2008 respectively.
I continued my tertiary education to pursue HND in Marketing at the Sunyani Polytechnic. i am currently persuing my Bsc Marketing Distance program with the University of Cape Coast - Sunyani campus in the Brong Ahafo region. Though I have interest in becoming a master holder in Marketing, my passion to utilize the opportunities for rural art development in my country is at a high desire.

My Business

To treasure above all else, I take desire in taking adventure in sales of goods and services. I have been very successful in my current cane business. I appreciate the good returns I made from my personal selling job in the last year.
Considering the durability of cane and bamboo products, I have been able to direct my customer attention to other durable cane and bamboo product such as babies cot, dining table and chairs, wall drops, rocking chair, dressing mirror stand and bamboo bed. I am still working hard on my store room to use as a shop which I shall combine stationary items Due to the majority of Christians and literate in my community I shall also sell the Holy Bible and other books. Due to my skills in sales and marketing, I am able to penetrate through the market as the demand for my goods gradually increases in the market.
PURPOSE OF LOAN AND REPAYMENT
My business is at the growth stage and need to be sustained. I need your support financially to move through to maturity. I am a testimony to how your organization has supported some Ghanaian businesses. The loan will help me pre finance my producers to produce to meet my customers demand. The suppliers of the raw materials only supply their materials upon demand by my producer. I believe the loan will help me support them to have materials always. Considering the demand and the national attention on locally produce goods, I will be able to pay back the loan with interest as schedule.
My vision is to supply the end product of the cane and bamboo material to all part the country by the next two years possibly and profitably.
PROFIT AND SUSTAINABILITY
I have always made profit from my sales. I started without capital but I made profit after a day sales. The sales business is very profitable and can be sustained for the next generation. I will advice my producers with my marketing skills for innovative products to sustain the business. After my first adventure, I have invested some capital and need to invest more to meet the demand to make good returns.

CONCLUSION
Indeed the lord is on our side for your previous loan have been very profitable. I would be grateful if my application in considered. I will be able to make profit because the demand for the cane products is competively affordably as compared to other metal, plastic and timber furniture products. I hope you are convinced to lend and support my business to grow due to my previous success. Thank you and God richly bless you.

Loan Proposal

I need the loan to prefinace my producer for him to buy the needed raw materials for production of the furniture products. The items includes Cane, Bamboo and Fabric, which cost almost $800.00.
I am promoting business in a local balance whiles creating job for skillful craftmen.
I have a Plan of making $1300.00 equivalent to Ghs5000.00 by December.
This target is achievable looking at the current demand of the local producst in my community.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$333.00

Date disbursed

May 8, 2015

Repayment status

Late

Projected term

47 months

Cost to entrepreneur

Service fee: $8.48

Lenders

AltruisticSelfishnes

Chicago, United States

ErikN

Stockholm, Sweden

Martin

Manama, Bahrain

TheWhiteCat

Surrey, United Kingdom

S

Sherry

Pittsburgh, United States

ads68

Melbourne, Australia

P

Prysdahl

Marshall, United States

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

D

Don100

Wilton, United States

N

naranburgos

Madrid, Spain

E

E

Marin county, United States

O

ormung13

Christchurch, New Zealand

T

thebonseung

Republic of Korea

W

wiwillia

Milbrae, United States

J

jdallatezza

United States

P

perle0

United States

mepster

San Francisco, Ca, United States

I

idris

United States

C

ColoradoSkier

Denver, United States

K

kitkat

United States

PolarBearCapital

United States

Franmiguel

Perth, Australia

MW

Matt Willis

United States

Mouhamed

United States

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Summary

Amount repaid

$315.00

Amount remaining

$34.75

Expected completion

Mar 24, 2019

Status

Repaying late

Installment amount

$1.25

Repayment History

Expected Payments Actual Payments
May 17, 2015 $24.75 May 17, 2015 $24.75
May 24, 2015 $24.75 May 17, 2015 $0.25
May 24, 2015 $24.50
May 31, 2015 $24.75 May 24, 2015 $0.50
Jun 2, 2015 $24.25
Jun 7, 2015 $0.75 Jun 2, 2015 $0.75
Jun 14, 2015 $5.00 Jun 8, 2015 $5.00
Jun 21, 2015 $5.00 Jun 16, 2015 $5.00
Jun 28, 2015 $5.00 Jun 24, 2015 $5.00
Jul 5, 2015 $5.00 Jul 15, 2015 $5.00
Jul 12, 2015 $5.00 Jul 15, 2015 $5.00
Jul 19, 2015 $5.00 Jul 18, 2015 $5.00
Jul 26, 2015 $5.00 Jul 25, 2015 $5.00
Aug 2, 2015 $5.00 Aug 2, 2015 $5.00
Aug 9, 2015 $0.00
Aug 16, 2015 $0.00
Aug 23, 2015 $1.25 Aug 25, 2015 $1.25
Aug 30, 2015 $1.25 Aug 25, 2015 $1.25
Sep 6, 2015 $1.25 Aug 25, 2015 $1.25
Sep 13, 2015 $1.25 Aug 25, 2015 $1.25
Sep 20, 2015 $1.25 Aug 25, 2015 $1.25
Sep 27, 2015 $1.25 Aug 28, 2015 $1.25
Oct 4, 2015 $1.25 Sep 4, 2015 $1.25
Oct 11, 2015 $1.25 Sep 12, 2015 $1.25
Oct 18, 2015 $1.25 Sep 26, 2015 $1.25
Oct 25, 2015 $1.25 Oct 11, 2015 $1.25
Nov 1, 2015 $1.25 Nov 1, 2015 $1.25
Nov 8, 2015 $1.25 Nov 19, 2015 $1.25
Nov 15, 2015 $1.25 Dec 6, 2015 $1.25
Nov 22, 2015 $1.25 Dec 11, 2015 $1.25
Nov 29, 2015 $1.25 Dec 11, 2015 $1.25
Dec 6, 2015 $1.25 Dec 11, 2015 $1.25
Dec 13, 2015 $1.25 Dec 11, 2015 $1.25
Dec 20, 2015 $1.25 Dec 14, 2015 $1.25
Dec 27, 2015 $1.25 Dec 14, 2015 $1.25
Jan 3, 2016 $1.25 Dec 14, 2015 $1.25
Jan 10, 2016 $1.25 Dec 14, 2015 $1.25
Jan 17, 2016 $1.25 Dec 20, 2015 $1.25
Jan 24, 2016 $1.25 Jan 3, 2016 $1.25
Jan 31, 2016 $1.25 Jan 13, 2016 $1.25
Feb 7, 2016 $1.25 Jan 26, 2016 $1.25
Feb 14, 2016 $1.25 Feb 8, 2016 $1.25
Feb 21, 2016 $1.25 Feb 14, 2016 $1.25
Feb 28, 2016 $1.25 Feb 24, 2016 $1.25
Mar 6, 2016 $1.25 Feb 28, 2016 $1.25
Mar 13, 2016 $1.25 Mar 14, 2016 $1.25
Mar 20, 2016 $1.25 Mar 20, 2016 $1.25
Mar 27, 2016 $1.25 Apr 2, 2016 $1.25
Apr 3, 2016 $1.25 Apr 2, 2016 $1.25
Apr 10, 2016 $1.25 Apr 2, 2016 $1.25
Apr 17, 2016 $1.25 Apr 2, 2016 $1.25
Apr 24, 2016 $1.25 Apr 10, 2016 $1.25
May 1, 2016 $1.25 Apr 13, 2016 $1.25
May 8, 2016 $1.25 Apr 25, 2016 $1.25
May 15, 2016 $1.25 May 1, 2016 $1.25
May 22, 2016 $1.25 May 7, 2016 $1.25
May 29, 2016 $1.25 May 22, 2016 $1.25
Jun 5, 2016 $1.25 May 29, 2016 $1.25
Jun 12, 2016 $1.25 Jun 5, 2016 $1.25
Jun 19, 2016 $1.25 Jun 12, 2016 $1.25
Jun 26, 2016 $1.25 Jul 2, 2016 $1.25
Jul 3, 2016 $1.25 Jul 5, 2016 $1.25
Jul 10, 2016 $1.25 Jul 9, 2016 $1.25
Jul 17, 2016 $1.25 Jul 16, 2016 $1.25
Jul 24, 2016 $1.25 Jul 18, 2016 $1.25
Jul 31, 2016 $1.25 Aug 1, 2016 $1.25
Aug 7, 2016 $1.25 Aug 8, 2016 $1.25
Aug 14, 2016 $1.25 Aug 15, 2016 $1.25
Aug 21, 2016 $1.25 Aug 21, 2016 $1.25
Aug 28, 2016 $1.25 Aug 28, 2016 $1.25
Sep 4, 2016 $1.25 Sep 3, 2016 $1.25
Sep 11, 2016 $1.25 Sep 10, 2016 $1.25
Sep 18, 2016 $1.25 Sep 18, 2016 $1.25
Sep 25, 2016 $1.25 Sep 23, 2016 $1.25
Oct 2, 2016 $1.25 Oct 2, 2016 $1.25
Oct 9, 2016 $1.25 Oct 10, 2016 $1.25
Oct 16, 2016 $1.25 Oct 16, 2016 $1.25
Oct 23, 2016 $1.25 Oct 23, 2016 $1.25
Oct 30, 2016 $1.25 Oct 30, 2016 $1.25
Nov 6, 2016 $1.25 Nov 6, 2016 $1.25
Nov 13, 2016 $1.25 Nov 12, 2016 $1.25
Nov 20, 2016 $1.25 Nov 17, 2016 $1.25
Nov 27, 2016 $1.25 Nov 21, 2016 $1.25
Dec 4, 2016 $1.25 Dec 4, 2016 $1.25
Dec 11, 2016 $1.25 Dec 12, 2016 $1.25
Dec 18, 2016 $1.25 Dec 20, 2016 $1.25
Dec 25, 2016 $1.25 Dec 26, 2016 $1.25
Jan 1, 2017 $1.25 Jan 7, 2017 $1.25
Jan 8, 2017 $1.25 Jan 15, 2017 $1.25
Jan 15, 2017 $1.25 Feb 4, 2017 $1.25
Jan 22, 2017 $1.25 Feb 4, 2017 $1.25
Jan 29, 2017 $1.25 Feb 11, 2017 $1.25
Feb 5, 2017 $1.25 Feb 11, 2017 $1.25
Feb 12, 2017 $1.25 Feb 11, 2017 $1.25
Feb 19, 2017 $1.25 Feb 11, 2017 $1.25
Feb 26, 2017 $1.25 Feb 25, 2017 $1.25
Mar 5, 2017 $1.25 Mar 5, 2017 $1.25
Mar 12, 2017 $1.25 Mar 5, 2017 $1.25
Mar 19, 2017 $1.25 Mar 20, 2017 $1.25
Mar 26, 2017 $1.25 Mar 27, 2017 $1.25
Apr 2, 2017 $1.25 Apr 9, 2017 $1.25
Apr 9, 2017 $1.25 Apr 24, 2017 $1.25
Apr 16, 2017 $1.25 May 17, 2017 $1.25
Apr 23, 2017 $1.25 May 17, 2017 $1.25
Apr 30, 2017 $1.25 May 19, 2017 $1.25
May 7, 2017 $1.25 May 19, 2017 $1.25
May 14, 2017 $1.25 May 19, 2017 $1.25
May 21, 2017 $1.25 May 19, 2017 $1.25
May 28, 2017 $1.25 May 29, 2017 $1.25
Jun 4, 2017 $1.25 Jun 17, 2017 $1.25
Jun 11, 2017 $1.25 Jun 17, 2017 $1.25
Jun 18, 2017 $1.25 Jul 11, 2017 $1.25
Jun 25, 2017 $1.25 Jul 11, 2017 $1.25
Jul 2, 2017 $1.25 Jul 17, 2017 $1.25
Jul 9, 2017 $1.25 Sep 6, 2017 $1.25
Jul 16, 2017 $1.25 Sep 6, 2017 $1.25
Jul 23, 2017 $1.25 Sep 6, 2017 $1.25
Jul 30, 2017 $1.25 Sep 11, 2017 $1.25
Aug 6, 2017 $1.25 Sep 11, 2017 $1.25
Aug 13, 2017 $1.25 Oct 5, 2017 $1.25
Aug 20, 2017 $1.25 Oct 17, 2017 $1.25
Aug 27, 2017 $1.25 Oct 17, 2017 $1.25
Sep 3, 2017 $1.25 Oct 17, 2017 $1.25
Sep 10, 2017 $1.25 Oct 17, 2017 $1.25
Sep 17, 2017 $1.25 Nov 29, 2017 $1.25
Sep 24, 2017 $1.25 Nov 29, 2017 $1.25
Oct 1, 2017 $1.25 Nov 29, 2017 $1.25
Oct 8, 2017 $1.25 Nov 29, 2017 $1.25
Oct 15, 2017 $1.25 Nov 29, 2017 $1.25
Oct 22, 2017 $1.25 Nov 29, 2017 $1.25
Oct 29, 2017 $1.25 Nov 29, 2017 $1.25
Nov 5, 2017 $1.25 Nov 29, 2017 $1.25
Nov 12, 2017 $1.25 Nov 29, 2017 $1.25
Nov 19, 2017 $1.25 Nov 29, 2017 $1.25
Nov 26, 2017 $1.25 Dec 7, 2017 $1.25
Dec 3, 2017 $1.25 Dec 7, 2017 $1.25
Dec 10, 2017 $1.25 Dec 7, 2017 $1.25
Dec 17, 2017 $1.25 Dec 7, 2017 $1.25
Dec 24, 2017 $1.25 Dec 7, 2017 $1.25
Dec 31, 2017 $1.25 Dec 7, 2017 $1.25
Jan 7, 2018 $1.25 Dec 7, 2017 $1.25
Jan 14, 2018 $1.25 Dec 7, 2017 $1.25
Jan 21, 2018 $1.25 Dec 7, 2017 $1.25
Jan 28, 2018 $1.25 Dec 7, 2017 $1.25
Feb 4, 2018 $1.25 Dec 10, 2017 $1.25
Feb 11, 2018 $1.25 Dec 10, 2017 $1.25
Feb 18, 2018 $1.25 Dec 10, 2017 $1.25
Feb 25, 2018 $1.25 Dec 10, 2017 $1.25
Mar 4, 2018 $1.25 Dec 10, 2017 $1.25
Mar 11, 2018 $1.25 Dec 10, 2017 $1.25
Mar 18, 2018 $1.25 Dec 10, 2017 $1.25
Mar 25, 2018 $1.25 Dec 10, 2017 $1.25
Apr 1, 2018 $1.25 Dec 10, 2017 $1.25
Apr 8, 2018 $1.25 Dec 10, 2017 $1.25
Apr 15, 2018 $1.25 Dec 14, 2017 $1.25
Apr 22, 2018 $1.25 Dec 14, 2017 $1.25
Apr 29, 2018 $1.25 Dec 22, 2017 $1.25
May 6, 2018 $1.25 Dec 22, 2017 $1.25
May 13, 2018 $1.25 Dec 22, 2017 $1.25
May 20, 2018 $1.25 Dec 22, 2017 $1.25
May 27, 2018 $1.25 Dec 24, 2017 $1.25
Jun 3, 2018 $1.25 Dec 24, 2017 $1.25
Jun 10, 2018 $1.25 Dec 24, 2017 $1.25
Jun 17, 2018 $1.25 Dec 24, 2017 $1.25
Jun 24, 2018 $1.25 Dec 24, 2017 $1.25
Jul 1, 2018 $1.25 Dec 24, 2017 $1.25
Jul 8, 2018 $1.25 Dec 24, 2017 $1.25
Jul 15, 2018 $1.25 Dec 24, 2017 $1.25
Jul 22, 2018 $1.25 Dec 24, 2017 $1.25
Jul 29, 2018 $1.25 Dec 24, 2017 $1.25
Aug 5, 2018 $1.25 Jan 23, 2018 $1.25
Aug 12, 2018 $1.25 Jan 23, 2018 $1.25
Aug 19, 2018 $1.25 Feb 5, 2018 $1.25
Aug 26, 2018 $1.25 Feb 5, 2018 $1.25
Sep 2, 2018 $1.25 Apr 17, 2018 $1.25
Sep 9, 2018 $1.25 Sep 11, 2018 $1.25
Sep 16, 2018 $1.25
Sep 23, 2018 $1.25
Sep 30, 2018 $1.25
Oct 7, 2018 $1.25
Oct 14, 2018 $1.25
Oct 21, 2018 $1.25
Oct 28, 2018 $1.25
Nov 4, 2018 $1.25
Nov 11, 2018 $1.25
Nov 18, 2018 $1.25
Nov 25, 2018 $1.25
Dec 2, 2018 $1.25
Dec 9, 2018 $1.25
Dec 16, 2018 $1.25
Dec 23, 2018 $1.25
Dec 30, 2018 $1.25
Jan 6, 2019 $1.25
Jan 13, 2019 $1.25
Jan 20, 2019 $1.25
Jan 27, 2019 $1.25
Feb 3, 2019 $1.25
Feb 10, 2019 $1.25
Feb 17, 2019 $1.25
Feb 24, 2019 $1.25
Mar 3, 2019 $1.25
Mar 10, 2019 $1.25
Mar 17, 2019 $1.25
Mar 24, 2019 $1.00

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