Bottled water

Christian Snr

Accra, Ghana

100% repaid

Entrepreneur

Name

Christian Snr

Member since

February 2017

On-time repayments

233 installments  •  75%

About Me

My name is Christian Ababio. I was born in Kumasi in the Ashanti Region of the Ghana some forty one years ago. My early childhood was characterized by lots of trade and commercial activities as I helped my mother move from baking bread for daily necessities to selling charcoal and foodstuffs to the local community. Watching closely how she endeared herself to meeting the daily needs of people saw a natural tendency of nursing an entrepreneurial spirit in me.

Soon after graduating, I went to the driving school to learn how to drive (I have an ambition to own a fleet of taxi cabs in the near future) since it was a requirement for my first job as a Marketing officer for a Lebanese company in the capital, Accra. I understudied how these merchants got their foothold in the sales and distribution of fast moving consumer goods, having the slogan "Your direct partner". It was after working for about five years that that I had a bright idea to set up a provision shop to provide snacks in the form of pastries and soft drinks for secondary school students very close to my house after I discovered that there was no such opportunity to make students get a bite of refreshment during break times.

One unique thing about where I live is the central point for the converging of people after the school gain popularity in it few years of establishment as well as its closeness to the main road. The culture is one of a typical Ghanaian style where people living within the locality are very civil, law abiding and have a sense of industry and patriotism.

My Business

My business started as a small provision shop in the neighborhood to provide basic household daily needs for the students and the local community.
The community is satisfied with my business venture even though some competitor's have come in but due to excellent customer service rendered I can say the business is preferred above the competition.

There is always a high demand of goods and services, hence my decision to apply for Zidisha loan to enable me purchase and increase the stock levels. The provision shop is still the main business running and I will be buying more goods like bags of rice, sugar, canned fish, canned/tinned tomatoes, vegetable oil, crates of egg etc.
I entered into this business primarily because I wanted to satisfy a need of providing snacks for the students and also to take advantage of a beckoning opportunity as a student of marketing to anticipate other needs and providing them in a customer friendly atmosphere in order to turn around the initial capital and also let my investment work for me.
Thank God my younger siblings have completed their education as a result of the immense support from Zidisha.

During the difficult months when our world economy was held to a standstill resulting from the effects of the COVID-19, the business took a nose dive and almost shut down but thank God that did not happen. Today, it has began to show signs of a bounce back. The orders for the fruit drink has started picking up as a result of the easing of the restriction and the signs are very positive it will do very well.
I am still the main distribution agent for one of Ghana's most preferred natural fruit drinks - Juudy Drink. I am now getting orders to supply some eateries and the drink continues to enjoy huge patronage from the wholesalers and retailers as well as walk-in customers.

Now, I am adding another business unit to my business lines and this loan if approved will make me invest in ORAIMO accessories. I have already secured a floor space in one of the most patronized supermarket in the capital and I will need to purchase the full assortment of the available models. This is what I intend to use my next loan, which happens to be my 9th loan for.

I remain thankful to Zidisha's humanitarian assistance for the previous loans they gave me which has really helped me get this business running. I also thank Zidisha for the immense support which has helped me pay the children's school fees and to keep the family running. In addition, I am indebted to Zidisha for the human face they approached our repayment during these months of economic difficulty as a results of the pandemic.

Loan Proposal

The loan amount will help take care of my bottled water business. This is sure to grow soon as demand for clean water in increasing

My Videos

Mar 8, 2021: Accessories & more

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$92.00

Date disbursed

Jan 20, 2020

Repayment status

On Time

Projected term

8 months

Lenders

Franmiguel

Perth, Australia

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Summary

Amount repaid

$92.26

Amount remaining

$0.00

Date repaid

Sep 28, 2020

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 2, 2020 $23.21 Feb 2, 2020 $0.37
Feb 15, 2020 $9.28
Feb 23, 2020 $9.28
Feb 23, 2020 $4.27
Feb 9, 2020 $5.01 Feb 23, 2020 $5.01
Feb 16, 2020 $0.00
Feb 23, 2020 $0.93 Feb 23, 2020 $0.93
Mar 1, 2020 $0.93 Feb 23, 2020 $0.93
Mar 8, 2020 $0.93 Feb 23, 2020 $0.93
Mar 15, 2020 $0.93 Feb 23, 2020 $0.93
Mar 22, 2020 $0.93 Mar 20, 2020 $0.93
Mar 29, 2020 $2.78 Mar 20, 2020 $2.78
Apr 5, 2020 $1.86 Apr 3, 2020 $1.86
Apr 12, 2020 $0.74 Apr 11, 2020 $0.74
Apr 19, 2020 $0.74 Apr 11, 2020 $0.74
Apr 26, 2020 $0.74 Apr 11, 2020 $0.74
May 3, 2020 $0.74 Apr 11, 2020 $0.74
May 10, 2020 $0.74 Apr 11, 2020 $0.74
May 17, 2020 $0.74 Apr 29, 2020 $0.74
May 24, 2020 $0.74 Apr 29, 2020 $0.74
May 31, 2020 $0.74 Jun 5, 2020 $0.74
Jun 7, 2020 $0.74 Jun 5, 2020 $0.74
Jun 14, 2020 $0.74 Jun 5, 2020 $0.74
Jun 21, 2020 $1.86 Jun 22, 2020 $1.86
Jun 28, 2020 $1.86 Jun 27, 2020 $1.86
Jul 5, 2020 $1.86 Jul 4, 2020 $1.86
Jul 12, 2020 $1.86 Jul 10, 2020 $1.86
Jul 19, 2020 $1.86 Jul 14, 2020 $1.86
Jul 26, 2020 $1.86 Jul 26, 2020 $1.86
Aug 2, 2020 $1.86 Aug 5, 2020 $1.86
Aug 9, 2020 $1.86 Aug 5, 2020 $1.86
Aug 16, 2020 $1.86 Aug 16, 2020 $1.86
Aug 23, 2020 $0.00
Aug 30, 2020 $1.86 Aug 24, 2020 $1.86
Sep 6, 2020 $1.86 Sep 2, 2020 $1.86
Sep 13, 2020 $1.86 Sep 15, 2020 $1.86
Sep 20, 2020 $1.86 Sep 21, 2020 $1.86
Sep 27, 2020 $23.21 Sep 28, 2020 $23.21

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