Family-planning product inventory

Richard Boateng

Berekum, Ghana

100% repaid

Entrepreneur

Name

Richard Boateng

Member since

July 2014

On-time repayments

206 installments  •  56%

About Me

My name is Richard Boateng; I come from Berekum, which is in the Brong-Ahafo Region of Ghana.

I started my primary education in Kumasi, the second capital city of Ghana. (Accra is the first capital city of Ghana.) From Kumasi, I moved back to the Brong-Ahafo Region and had my secondary education at Dormaa Senior High School. After graduating from high school, I went to Sunyani Polytechnic and earned a Higher National Diploma (HND) in Marketing.

Currently, in 2014 as I write this, I am pursuing a BSc Degree in Marketing at the University of Cape Coast in Ghana. I am a part-time student, attending on weekends only.

I like playing basketball, traveling, and reading.

I have a full-time job (detailed below).

My Business

I work full-time for DKT International, Ghana, which is a social-marketing NGO company. The organization provides education about, and low-cost access to, family-planning (contraceptive) and maternal products, at a subsidized rate from donor partners.

My job is working as a DKT Community Representative for the Brong-Ahafo Region.
The Brong-Ahafo Region is one of the largest of the ten regions of Ghana.
Currently, in 2014, it has a population of about 2 million.

One part of my job includes going out into the field and talking to people and educating about STIs/STDs, HIV-AIDS, sexual-reproductive health, and family planning.

Another part of my job is to sell DKT family-planning products within the Brong-Ahafo Region. (DKT manufactures the "Lydia" line of contraceptives, among others.)

DKT products are very effective, and because of mass advertising, many people now want (and need!) the products. However, due to a lack of funds, I cannot yet fully serve the entire Brong-Ahafo Region, which has been assigned to me. I only can take care of a small portion of it, so far.

Loan Proposal

Happy New Year to all lenders, and I warmly welcome you into 2015!

With the help of loyal lenders, my business has increased tremendously. I now need another loan, as my business is moving very well, as never before. That's why I was able to pay the first two loans on time.

I need a new loan to buy more family-planning and maternal products, to cover a much wider area in the region I have been assigned. The market is already available and customers are increasing, day in and day out.

If the loan is funded, I could and would repay on time, to aid me in getting higher loans later, to expand the regional sales even further.

The business is booming and I would be able to repay according to the dates due, on a weekly basis.

Thank you for reading, and for contributing to such a great cause.

✎✎✎

Show original English  

About Me

MY STORY
My name is Richard Boateng, I come from Berekum in the Brong Ahafo Region of Ghana. I started my primary Education at Kumasi, the second capital City of Ghana. From There i moved back to the Brong Ahafo Region and had my second cycle education at Dormaa Senior High School. After there, i went to Sunyani Polytechnic and had HND in Marketing. Am now pursuing a BSc in Marketing at University of Cape Coast in Ghana, at weekends only. I joined the DKT international Ghana, which is a social Marketing company, as Community Representative for Brong Ahafo Region. My job include going to the field and talking to people about STI's, HIV AIDS, Sexual Reproductive Health and Family planning. The Other part of my job is to sell DKT products,within the Brong Ahafo Region. DKT are the manufactures of lydia line of contraceptives among others. I like playing basketball,traveling and reading.

My Business

MY BUSINESS
I work with DKT International Ghana. DKT is a social marketing company into Reproductive Health, Prevention of HIV aids and Family Planning. Am the Regional Representative For Brong Ahafo Region. I go the the community and talk with them about STI's , HIV Aids and Family planning. The second part of my job is that, i sell DKT line of products, which is very fast moving products. The whole Brong Ahafo Region has been assigned to me. I need therefore huge finances to buy more and sell more,because of lack of funds, i cant reach my target area. The whole Region of Brong Ahafo which is almost 2,000,000 population is mine and the markets for the business is available for me. I need about 5000$ to expand my business and go across the whole Region Assigned to me for the start. Since i cannot jump the protocol here, i have to start and build my loan plan to a point i will get huge loans from you to fully cater for my job. I will now do all i can to repay quick, to get to higher level where i can attain much loan to satisfy my business fully.

Loan Proposal

Happy new year to all lenders and I warmly welcome you into 2015. By the help of our loyal lenders, my business has received a tremendous increase and I now need much to do more and even follow with subsequent loans. My business is moving very well like never before, that why I was able to pay the first two loans on time. I need this loan to buy more pharmaceutical products and cover much wider area. The market is already available and customers increasing day in day out. When am given the loan, I will and can repay on time to aid me get higher loans later. The business is booming and I can repay as the date is due on weekly basis. Thanks for reading through and contributing to such a great course.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,702.67

Date disbursed

Jan 2, 2015

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Lender interest: $1,702.67 at 5.78% annual rate over 3 months = $32.71

Service fee: $10.76

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