Selling barrels to store bathing water in homes

Abigail Effah Dedaa

Berekum, Ghana

100% repaid

Entrepreneur

Name

Abigail Effah Dedaa

Location

Berekum, Ghana

On-time repayments

208 weekly installments  •  84%

About Me

My name is Abigail Effah Dedaa. I come from Berekum in the Brong Ahafo Region of Ghana. I am married with a daughter. I started basic school at Kwahu in the Eastern Region of Ghana. where i had elementary eduaction. Due to poverty in my family, i couldnt pursue my education again. I started doing business to cater for myself. i have been doing business since then to cater for myself and that earns me a living. Although am married, my daughter is my source of inspiration and joy.

My Business

I sell drums(barrels) which usually contain oil in large quantities. when they are used up,they are imported into Ghana after their use and they are used here for a large purposes depending the work the user is going to use for. The demand for the barrels is very high becuase it serves as the main storage facility for storing all kinds of liquid properties, example water and oil etc. The demand keeps rising as new customers are buying and old customers replacing their broken ones. I use the profit to feed myself and cater for my only daughter. I use part also to pay my bills.

Loan Proposal

Thank all lenders for seeing me through with my first, second & Third, fourth loan and now the fifth in motion, and because the business was good, i was even able to repay earlier than expected,much profit which helped me with my wards education. Thanks for helping with this too.
I sell drums(barrels) at vantage point of Berekum. I have a lot of clients coming from the whole municipality to the municipal head of Berekum to buy the barrels from me. Is a fast moving business. I choose this business, because demand for the product is very high. When I get the loan, I shall be able to buy all types of barrels, as there are kinds and types, when I get the loan, it will facilitate me to buy all types and I will be able to serve all the customers who come there and does not get what they want. Due to the high demand, I can assure and confidently point out that, I can pay and I will repay the loan when the faithful lenders extend their mercies to me. It will go long way to improve my life, help me cater for my kid alongside. I thank you for the help. Thanks for passing through

Feedback

4

None

2

  • Erin    Oct 1, 2020

    Unfortunately it has been more than a year and no payments have been made on this loan.

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  • Margaret    Jun 21, 2019

    Not a single payment was made towards this large loan and there has been no communication as to why.

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  • Will    Oct 8, 2017

    Abigail has continued paying on time and has even paid early when she is able to. I would be happy to lend to her again.

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  • TrademarkMan    Mar 27, 2016

    Abigail completed her loan payments on time, and I would be happy to lend to her again.

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  • Family Mueller    Jan 23, 2015

    Thank you for full repayment.

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  • wally    Jan 22, 2015

    good

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Loan Info

Project Type

Classic Loan

Disbursed amount

$746.03

Date disbursed

Mar 23, 2016

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Service fee: $37.51

Abigail opted to pay $73.00 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

Laurent

Vevey, Switzerland

mraph

Virginia, United States

J

jlberqie

Wake Forest, United States

Paul Buchheit

Mountain View, United States

T

TrademarkMan

United States

A

aliyabe

United Kingdom

BB

Ben Bellows

United States

PG

Paul Graham

United States

Kyle Holohan

United States

MC

United States

Mary

Germany

S

socrate

United States

E

EABF

Netherlands

Bart Vogelzang

Ladysmith BC, Canada

TO

Thomas O'Neil

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

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