Inventory for my provision shop

Kwabna Foster

Feyiase, Ghana

100% repaid

Entrepreneur

Name

Kwabna Foster

Member since

June 2016

On-time repayments

173 installments  •  39%

About Me

My name is Ohene Kwabena Foster and I come from Sunyani but i live at Feyiasi District of the Ashanti Region. We are five and I am the eldest. Just like any other village in Ghana, it is extremely hard to push yourself up through the unfavorable conditions and poverty in those areas but i was fortunate to make a headway. Three children for my parents was hard especially when we were growing up; three square meal a day and the money they made was not enough for the betterment of our lives. The only option left was for me to locate one of my aunties at Feyiasi. I left my parents at the age of fifteen (15) when i completed
my BECE exam to live with my auntie at Feyiasi, in the Ashanti Region of Ghana. Auntie Pomaa thought me a lot about life and good planning; how to
read books and how important education is. I can say that, today, it has really helped me a lot in overcoming many obstacles that some of my colleagues
do face. I am a very trustworthy person and i never comprise on trust in all my doings. I like to hang out with friends during leisure time or play video games
at times. The food i like best is fufu with palm-nut soup. My favorite sports is football/soccer

My Business

After school, it has been very hard finding job despite the many job search and applications that i have written. Due to that, my auntie gave me a little amount to start a provision store .This is the only way i have taken to keep myself going day in and day out. The good news is that, people love to take drinks and especially energy drinks so i make money on daily basis. Energy drinks enable people to gain the required strength they need to start their daily activities. Others take these soft drinks as a way to refresh themselves and keep themselves cool from the sunny days.
I buy them mostly in bulk from Kejetia in Kumasi, one of the big marketing areas in Ghana where most of the big stores are situated and bring it to my shop at Feyiasi. It is a very lucrative business because it has served me alot and i make a living with that. However, i need financial support to enable me make more sales to enable me continue extend a helping hand to my siblings who have just started second cycle school and enable me continue school as well. Age is really catching up with my sibling as such they do not have the energy to work like before. I would be please if Zidisha would enable me make that happen.
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Loan Proposal

I need $602 to invest in my provision shop. Christmas is here again and shops are crammed full of people wanting their needs met. Most of the things I deal in are mineral water, soft drinks, energy drinks, chocolate drinks and fruit juices. I need $602 to be able to fulfil customers needs this Christmas and after so that I can gain income to support myself and my family. I will buy $302 worth of mineral water. We are in the dry season and that is when people buy water from shops instead of drinking from pipe borne water. I will need to buy $189 worth of soft drinks (cocacola and others). I will also buy $111 of fruit juices and energy drinks.
I need your support to make my dreams come true. Like usual, I’ll settle the loan as expected of me.

Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$600.00

Date disbursed

Jan 9, 2018

Repayment status

On Time

Projected term

4 weeks

Lenders

COOPITALIST

Toronto, Canada

DavidHS

United Kingdom

W

Wade

United States

N

NickN

United States

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Summary

Amount repaid

$600.27

Amount remaining

$0.00

Date repaid

Feb 16, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jan 18, 2018 $100.04 Jan 18, 2018 $100.04
Jan 25, 2018 $100.04 Feb 1, 2018 $100.04
Feb 1, 2018 $100.04 Feb 9, 2018 $100.04
Feb 8, 2018 $100.04 Feb 9, 2018 $100.04
Feb 15, 2018 $200.09 Feb 15, 2018 $199.87
Feb 16, 2018 $0.22

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