Entrepreneur
Name
Joshua
Member since
September 2020
On-time repayments
10 installments • 30%
About Me
I am a young graduate with Bachelor's degree in human biology. Life had never been easy after university upon been confronted with the wave of unemployment in the country. With enormous strategic positioning and innovative business ideas, I have come into conclusion to establish my own beverage processing company in the Bono East Regional capital, Techiman. Though this company is still yet to be taken up from the group with heavy startup capital of about Gh¢6000,this company is anticipated to employ about 150 staff and generate about Gh¢132,000 per annum.
My Business
My company is a beverage processing company which is intended to produce assorted drinks from local fruits. The company is intended to produce assorted sachet drinks basically for school-goig aged children. The products include tiger nut-coconut drink, coconut chocolate drink and mixed fruit drink. These products were selected due to their high nutritional values and the presence of affordable assemble raw materials for production. Since the company is a profit making business venture, profit made from the company shall be used to pay the debt. Upon completion of loan repayment, any profit made thereafter shall be reinves into the company the enhance growth.
Loan Proposal
Part of the loan shall be used for food and drugs board registration. Part will also be used to purchase some basic equipment for processing and production while some will be used to run the company
Income Source
Cost of production shall be reduced to the minimum. Raw materials for processing shall be purchased in bulk, and salaries shall be maintained at the minimum level
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Sep 11, 2020
Repayment status
Late
Projected term
2 months
Lenders
United States
United States
Australia
London, United Kingdom
United States
United States
Belgium
Berlin, Germany
United States
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