Fresh juice business

Entrepreneur

About Me

I am teacher in Ghana Education Service. I have been teaching at the Adanwomase D/A Junior High School for the past five years. I teach English Language as a first language.
I am married with three kids. Things were okay for the family until my husband lost his job in 2012. Since last he has beenn working as a literature evangelist for Adventist Book Centre at Kumasi, Tafo. He support the family and himself at school with the money that he earns from this work.
My husband’s aim is to become a lecturer. To achieve this goal, he needs to further his education. He got admission at University of Ghana to pursue PhD in Political Science. We did not have enough money to support him, but he was determined to go.
My desire is to help my husband further his education. With a PhD I hope he will be able to secure better Job in the academia and will be able to support the family and others who need our help.
Getting a loan from the Bank to pay the fees will also reduce our current two meals a day. The current interest rate is high and it does not help people with lower earnings. We found Zidisha to be a partner in reducing poverty and bringing smiles on the faces of people, especially the poor. We believed that Zidisha would come to our aid.
I obtained a assistance from Zidisha to finance a small venture at home and supported my Husband. He was able to begin his school and there joy at home.

My Business

Recently, my husband came home with a list books that he want to buy from ABC. But he does not have enough money.
I wish I could help him another loan from Zidisha.
In my estimation, a loan of GHS1100 can help him pay part of the remaining 30 percent of his fee and still be able to stay in the LE business.
My husband helped me pay back the last loan. When we combine what we both earn from home venture and from the LE business we can pay the loan.

Loan Proposal

The Loan will be used as a capital to start a fresh juice business. Since it is expensive to acquire the juice mixer machine, I will start with the making and selling of Sobolo drink. This require a less-expensive equipment, materials and ingredients to start.
The Loan amount will be used to buy the equipment and materials for making and selling Sobolo drink. These equipment, materials and ingredients include bottles, hibiscus flower, label, sauce pans, ice chest, sugar, ginger, and others. New bottles will the bought for the drink. Attractive label has been designed. Two people will be hired to assist in the making and the selling.
In estimation an amount GHs 1100 is enough to start this business. I have decided to open a special account for this business at a rural bank in our community. All sales amount for each day will be deposited into this account from Monday to Friday. Withdrawal will be made on Friday to pay the loan. The workers will also be paid weekly wages.
I have bought a note book for keeping records of all transactions for accounting purposes. Our intention is to grow this business and employ more people and earn more income.

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