Growing my sachet water business in my community
Edward
Ho Agortime, Kpetoe, Ghana
100% repaid
Entrepreneur
Name
Edward
Member since
March 2016
On-time repayments
145 installments • 33%
About Me
My name is Edward Hagan from Ghana. I am a high school graduate and a local entrepreneur. When I was younger, I lived with my parents who took very good care of me until things really changed after the death of my father. I stopped school, and l rarely got a chance after a year on. Now I am into the distribution trade of sachet water and I have been on this laudable initiative for more than 3 years. I took this initiative when l fell off in school and continued through until l got back to school. I worked my job part time, however, when back in school until I finally completed school. I am a very hardworking young man.
My Business
I sell and distribute sachet water in my community. It is quite on a large scale. I started some five years ago and it has grown over the years. Water is an essential good and a necessity for life and, for that matter, it is needed every day.
I choose this kind of business due to the profit column and the need for that service.
I make a profit of not less than forty percent of my invested capital so is quite profitable and sometimes it rises far above that. Profits are reinvested and I improve my life with them too. I still have a dream of going to college and, for that matter, I am saving towards it too.
Loan Proposal
when my project is support and disbursement reach me, i will use the entire amount to expand my services. i will invest the entire $300 into my business. i will be buying two hundred and fifty bags of sachet water to sell for the next one month.
i expect a profit of not less than 40% of the invested capital.
this will increase my sales per day and per week and will also make drinking water readily available for the people of my community.
thank you..
About Me
My name is Edward Hagan from Ghana. I am a high school graduate and a local enterprenuer. when i was younger, i lived with my parents who took very good care of me until things really changed after the death of my father.
i stopped school, and l solely got a chance after a year on. Now i am into the distribution trade of sachet water and i am on this laudable initiative for more than 3 years.
I took that initiative when l fall off school and continued through and l got back to school , however, i took to partial job when in school until i finally completed school....
i am a very hardworking young man.
My Business
I sell and distribute sachet water in my community. it is quiet on large scale. i started some five years ago and it has grown over the years. Water is an essential goods and a necessity for life and for that matter it is need every day.
I choose this kind of business due to the profit column and the need for that service.
I make a profit of not less than forty percent of my invested capital so is quiet profitable and sometimes it rises far above that ..
Profits are reinvested and i improve my life with it too. i still have a dream of going to college and for that matter i am saving towards it too...
Loan Proposal
when my project is support and disbursement reach me, i will use the entire amount to expand my services. i will invest the entire $300 into my business. i will be buying two hundred and fifty bags of sachet water to sell for the next one month.
i expect a profit of not less than 40% of the invested capital.
this will increase my sales per day and per week and will also make drinking water readily available for the people of my community.
thank you..
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Loan Info
Project Type
Classic Loan
Disbursed amount
$300.00
Date disbursed
Apr 29, 2016
Repayment status
On Time
Projected term
54 months
Other loans
Lenders
United States
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