Distributing sachets of clean drinking water
Nancy Ama
Ho Agortime Kpetoe, Ghana
7% repaid
Entrepreneur
Name
Nancy Ama
Member since
February 2016
On-time repayments
49 installments • 65%
About Me
Nancy Ama Danso is my name. I come from Volta region of Ghana. I have five children. Two are in Senior High School and and three are in junior High School. It was difficult growing up as a child. Since my family background was not financially sound. I had the chance to engage in menial jobs which was really helpful to me financially. Unfortunately, l could not further my education when l got to Senior High School. I could not complete my last year. I took to sachet water business on my own. I started with the capital l had from my menial jobs. It was difficult from the beginning until l had a change of my business location. I started from taking two bags of sachet water and its progressed from there. I am glad today because l am now able to load trucks of sachet water to my location. Its very lucrative and its in very high demands. I now the bread winner of the family and this gives me joy.
My Business
I started doing business when l was very young. I was able to go through the most difficult times which l call challenges. The challenges l had faced from the beginning gave me a good teaching experience. These experiences have strengthened me. I have not regretted every step that l took along the way. It has been helpful and a good lesson. I deal in selling of sachet water. I buy in large quantity directly from the company. As long as mankind can never stop taking in water, my sachet water business can never cease operating. Mankind take in water everyday at everywhere at anytime. They are my reasons of getting into this particular business. Business is always running smoothly. The individuals come and buy from me to sell. Majority of those around come and buy from me for their consumption. I make enough profit. The profit l make is use in reinvestment in gowing the business to a point where l can be the main producer. I also invest into my children welfare and home improvement.
Loan Proposal
I want this loan to enhance my sachet water business. I will specifically buy 100 bags of sachet water. I make 20 percent profit from each bag. It will help me improve upon the business and upon the services of my customers. It will help in improving my home if demands and services of my customers are satisfied.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$443.00
Date disbursed
Jul 25, 2016
Repayment status
Late
Projected term
61 months
Other loans
Lenders
Munich, Germany
Italy
United States
Seattle, Washington, United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Ask Nancy Ama a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.