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
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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
Jake Gibson and Beverly Picardo
San Francisco, United States
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