Koko for break fast

Habiba

Teiman, Ghana

100% repaid

Entrepreneur

Name

Habiba

Member since

February 2016

On-time repayments

108 installments  •  76%

About Me

During my childhood, I was staying with my senior sister who was supporting me in school. After her demise, I became handicapped as I was left with no any help not even from my patents because they had so many to cafe for. My schooling naturally ended premature at primary class six (6). The only thing I could do was to take up my sister's trade of cooking and selling rice and beans (waache). I was on this for some time until I got married and later had two children
Circumstances beyond my control made me to divorce my man and migrated to another community, where I am staying with my current husband.
I figured out over here that their favorite typ of porridge or koko could be my trade, hence the birth of " koko for breakfast.
The people of Teiman are business minded who leave their homes early enough for several places, their business points. Others prepare their children and quickly dispatch or send them to schools. Once timing here is critical, I ensure that before they got up from their beds, koko their favorite is ready for them.
My daughter who is now training as a nurse, has intended to commission into the Ghana Armed Forces Medical Services as a senior nurse to assist the medical officers to treat and prevent diseases among soldiers and other staff of the deffence ministry, including the general public.
Looking at the boy's behavior , he is interested in auto engineering.
Reading is a hobby I like most. Anytime and anywhere I go on break or recreation, I carry along my Holy Quran and do a lot of reading there. I strongly believe that Zidisha has come to my life at the right time. I therefore fervently pray to Allah for a continuous health and alignment with Zidisha and Partners. Long live Zidisha. Long live Lenders.

My Business

I provide the people of Teiman porridge or koko of a difference
Koko for porridge is useful because when they wake up in the morning it's what is at their disposal early enough for their patronage.
I chose this business because it happened to be a marginal trade on the ground and it could benefit me.
My current typical cost is around five thousand Ghana cedis (GHS 5 000/ USD 909) and my current revenue is around five thousand two hundred Ghana cedis (GHS 5 200 / USD 945.5).
I use my profits in paying my children's and other dependents' school fees, reinvesting into the business for growth and also taking care of my home.

Loan Proposal

I shall use this loan to fund the shelter, tables, chairs, cooking utensils.
1 a . Shelter: a single concrete block room ......... 15 cement bags at 19 us dollars per bag ..................... 285 us dollars
b. 1 tipper trip of stones .............. 132 us dollars.
c. 1 tipper trip of sand ............. 37 us dollars
d.15 Iron rods at 5.3 us dollars per rod ............................. 79.5 us dollars
e. Workmanship ........................ 100 us dollars
f. Total .............. 633.5 us dollars
2 a. Tables: two tables at 26 us dollars per table........................ 32 us dollars
3. Four Chairs ( benches) at 13 us dollars per chair .................. 52 us dollars
4. Other materials like Utensils, spoons cups, plastic bowls ................ 39 us dollars
5. Food items
a. Four bags of millet at 53 us dollars per bag .................212 us dollars
6. Two bags of sugar at 34 us dollars per bag .................. 68 us dollars
7. One gallon ................ 29 us dollars
8. One Bag of beans ....................... 98 us dollars
9. Total ............... 1163 us dollars

This trade will assist me expand my business and also attract and motivate my customers. It will also enable me to take care my kids and also improve upon my life.
Since i am already in business I shall need the 388 GHs (102 us dollars) to augment my business. I am asking for this amount of 388 GHs ( 102 us dollars) because I can comfortably repay. I expect my profit to increase by 50%

Feedback

6

None

None

  • BernadetteV    Dec 29, 2017

    Regular repayments. It’s always a pleasure to support Habiba.

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  • Daniel Hammarberg    Apr 24, 2017

    All repayments in time. =)

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    • Habiba    Dec 29, 2017

      Thanks a lot for your support. Looking forward to see more of those. Daniel Hammarberg God bless

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  • BernadetteV    Apr 18, 2017

    Habiba made regular repayment and repaid the loan just as promised.

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    • Habiba    Dec 29, 2017

      Thanks a lot for your support. Looking forward to seeing more of those. BernadetteV. God bless

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Mar 3, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

The Zinc Team

San Francisco, United States

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