Loan to expand my drinking spot

Philip Nketia

Berekum, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Philip Nketia

Member since

July 2015

On-time repayments

37 installments • 65%

About Me

My name is Philip Nketia. I come from Berekum in the Brong Ahafo Region of Ghana. Hno. KE 017 Kato East. When you come to Berekum You will go to the main station and bord Kato car , tell the driver that you will stop at Ghana Police services and my house is just the direct opposite to the house. I attended my Basic Education at Heaven Preparatory and Junior High School. I continued at Sunyani Senior High School and I was awarded WASSCE Certificate. Am now operate a drinking spot at Berekum, both alcoholic and non alcoholic drinks. I like going out with friends, reading story books, etc.

My Business

I Operate my own Drinking Spot called Emirates Drinking Spot. I sells all kinds of drinks, both Alcoholic and Non Alcoholic Beverages. It is my desire to expand the business in other to increase my income level, that is from 15% to 25% profit. I need some support to initiate catering Service to the Existing business status. I started my business with a capital of $120. I chose this business because it gives me money every day and I also use 70 percent of my profit for reinvestment where 30 percent is use for home management. In order to expand my business, I will need a support from Zidisha to attain that aspiration.

Loan Proposal

When I receive this loan, I will use it to buy more of the drinks both alcoholic and non alcoholic. I will also start restaurant services so that my customers will get some food to eat when ever they come to drink in my sport. All these will cost me an amount of $250 in order to achieve my aim. I will use$ 20 to purchase plates, $30 will be use to purchase food staff for the restaurant and the balance will be use to stock my drinking sport. Thank You.