Loan to buy agro chemicals to sell in my shop

Isaac

Tanoso, Ghana

15% repaid

Entrepreneur

Name

Isaac

Member since

February 2016

On-time repayments

226 installments  •  10%

About Me

My name is Acheampong Isaac . I am a Ghanaian by birth. I come from Tanoso, a village in the Asunafo South district of Ghana. I am not married yet and no children. I am self dependant man who believe that nothing is impossible when goal focused and determination mind exist. I was driven onto the street by my parents for refusing to join them in their religion. That was where my struggles begun. I did minor jobs of any kind provided its legal only to earn a living. I couldn't access formal education as I so wished. But I have long convinced my self to keep pressing forward no matter any circumstances. A friend lend me some money which I used to start this buying and selling business of mine. I hope for a better future. Sure! By the help of zidisha.

My Business

About two years ago as I was wondering what to do to earn a living, an old friend of mine introduced me to provision store business. He got me a store room and filled with all kinds of provisions. The agreement was that I should sell the provisions in the store and divide the profit into five and take one. This practice went on for about a year. I realized that I was not earning enough to fend for my self and my family. I therefore approach him to sell the ownership of the store to me we he eventually agreed. I sell all kinds of provisions. I get profit which I use some of it in helping the poor and needy in my community. I want to expand my business scope by including agro chemicals for agricultural purposes.

Loan Proposal

I want to change my business line slightly by selling agro chemicals for agricultural purposes. All the people's in the surrounding communities around my village are farmers. As we are about to enter into the farming season, such chemicals will be of high demand. Repayment of this loan will be very simple as part of my profit will be use. Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$300.00

Date disbursed

Mar 2, 2016

Repayment status

Late

Projected term

52 months

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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