Loan to buy sachet water to distribute

Bright

Kumasi, Ghana

Funds disbursed

$0 to go

100% funded of $100 goal

0

days left

Entrepreneur

Name

Bright

Member since

July 2015

On-time repayments

22 installments  •  0%

About Me

My name is Bright Dankwa. I am a 23 year old Ghanaian gentleman. I am a senior high school leaver seeking to further my education to a higher institution of study. I am the second from a family of five. While in school and before going to the senior high, I assisted a friend who was into the sale of second hand clothes. The quality and the beautiful nature of the products got me really interested and as such I started picking from her and selling to some friends of mine and gradually began to take it serious. Through committed efforts and dedication, business started booming and I have not looked back ever since. It is through this that I was able cater for myself in school because it was very hard back home. Things became difficult and I wasn’t able to continue with the sale of the clothes when my friend lost his capital. After completing senior high school, I had to involve myself in the selling of sachet water in order to keeps up in life. I am very entrepreneurial minded and I make the most out of every opportunity that present itself and as such this next step of expansion is a great step for me

My Business

I am in the sale of sachet water. I pick up this sachet water at a cost of about 4 cedis and sell it totally to make a profit of about 2 cedis. I normally sell to passengers at lorry stations and also hawk along the street to passengers in cars. Sometimes it is very tudious when the sun is scortchy but there is no other means. I want to get a seed capital and move back into the business of clothes selling and also expand the sachet water business from hawking into distributing to retailers.
I would be glad to get this loan to be able to get access other available markets and also spread my tentacles across board in order to be able to fight the unemployment situation around here and also be able to make good profit so as to be able to pay back. I promise to execute and respect the rules and regulation of this noble institution.

Loan Proposal

I would like to apply for this loan to buy sachet of sachet water for distribution. The sachet water costs 4 cedis per bag. The loan will help me buy enough to meet the demands of my customers and make enough profit. I promise to abide by every regulation governing this noble firm. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Aug 6, 2015

Repayment status

Late

Projected term

5 months

Lenders

johnfay

Lusaka, Zambia, South Africa

Hope2012

United Kingdom

ads68

Melbourne, Australia

fairspirit

Utrecht, Netherlands

mepster

San Francisco, Ca, United States

gugudu

Austria

KM

Kirsty M

United Kingdom

W

Wes

United States

PG

Paul Graham

United States

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