Producing medicinal ointment
Isaac
Suhum, Ghana
$0 to go
100% funded of $206 goal
0
days left
Entrepreneur
Name
Isaac
Member since
September 2015
On-time repayments
112 installments • 41%
About Me
I was very quiet and serious about learning as child. Although i attended i a low class village school where most do not pass their exams for the high school, i was able to make the better grades to the high school. Inspite of the financial difficulties i had in high school, i made it to the university where i graduated with second class upper division in B.A Geography/Economics.
I started my business as an independent distributor in Tiens. i began by buying single product with my little money and sold to people who need them.
Most people in my land believe that certain sickness are caused by the gods.
I played football with my friends on weekends.
My Business
I'm now into the sales of books. I sell all kinds of books and other stationeries.
I also write and publish books on Amazon KDP.
Loan Proposal
The loan will be used to buy half barrel of petroleum jelly which will cost about $220. Transportation will cost about $8 from Accra to Suhum where my business located. Whatever amount left after these will be used to buy some theobroma cacao.
Being able to buy half barrel of petroleum jelly will me to reduce the cost of production as going to Accra frequently to petroleum jelly will be limited.
It will open the chance for me to employ two additional workers as it is in dream to help reduce the rate of unemployment in Ghana.
I know very well that this expansion will increase my profit margin up to about GHc600 per week.
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Loan Info
Project Type
Classic Loan
Amount requested
$206.00
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