Loan for expanding my honey business

Bernard

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Bernard

Member since

March 2015

On-time repayments

17 installments  •  53%

About Me

I am Wireko Bernard Kofi from Manso-Nkwanta in Amansie West District Ashanti Region but live at Ayigya opposite Ayigya palace plot 38 Block Z in Asokwa Sub –Matro Kumasi Ashanti Region . My parents are Mr Kwame Manu and Ama Nsowaah. I had my basic education and senior high education at Manso- Atwere J H S and Mansoman S H S in Amansie West District. I had my first degree at Kwame Nkrumah University of Science and Technology. I hold degree in Natural Resource Management. I married to Mrs Alice Wireko and have three children. After my first degree I established my own honey business to provide some job opportunities to employed youth in my community. I started an honey business by retailing through, door to door services later i acquired shop for retail and wholesale and shelve for producing natural honey to ever increasing local consumers.

My Business

BUSINESS. I started an honey business with the aim of providing income for myself and job opportunities for rural folks who normally after school come to cities in search for white-color job which doesn’t exist and later become criminals and I also aim at providing quality and organic honey to both local and foreign consumers . There is high demand for quality honey since most people have seen the economic benefit of pure and quality organic honey preferable than sugar. I have five workers I pay them monthly two of them are suppliers and other three help me at my working place. My honey customers are increasing inside and outside the Ashanti Region. By the help of about $ 5000.00 my business will be booming.

Loan Proposal

I want a loan of about $ 5000 to expand my business. I will use $ 2000 to buy motor bike for my worker to supply the honey and the $ 3000 to buy materials for my honey packaging and bottling. I will pay any amount of loan you will give me with my daily sales.I hope you will give me the loan thanks. This amount of loan will help me to increase my income.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Mar 26, 2015

Repayment status

On Time

Projected term

6 weeks

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