Investing in Franko hair and body pomade

Frank Kojo

Kumasi, Ghana

16% repaid

Follow Frank Kojo

How it Works

Entrepreneur

Name

Frank Kojo

Member since

October 2020

On-time repayments

37 installments • 38%

About Me

My name is Frank Kojo Nimako, I grew up from Asafo in kumasi and schooled at Prempeh College. After Prempeh college i travelled to Uk but was deported due to Papers. I struggled a lot because I spent a lot to travel outside the Ghana just to find opportunity to help my family. I came to Ghana and because my financial situation was worse I decided to start a small business in cosmetics. I am an Ashanti and form Oyoko clan which is headed by Otumfuo Asantehene II. Ashanti is very rich with variety of cultural display and nice place to be. I have three children with my wife and my first child want to be a pilot, second Nurse and third want to be a doctor. I like playing basketball which i did enjoyed at my youthful days.

My Business

I sell cosmetics like skin lotion, spray, and other products. These products are very essential and used by many people. I choose to invest in these products because i did have a friend who has invested in this business and is doing very well. I have so far invested about $100 in this business and is very good. I use my profits for home renovations, business expansion and family expenses.

Loan Proposal

December is a dry season in Ghana and the demand for pomade is very high as that is a way to help maintain a very god skin care. The demand of Hair pomade and body creams goes very high hence generating alot of profit and revenue within this period. Taking this loan would help me produce more of Franko hair food and skin cream which has been fruitful with the help of Zidisha, I am able to serve my customers demand. The profit gained from this business would be usd to reinvest and also cater for expenses within the family as the Christmas is getting closer.

Income Source

I sell products to my clients on daily basis and generate income which would be enough for me to settle this loan on weekly basis. with Covid 19 protocols intact customers feel at ease to purchase from us and there boosting our market revenue.