Loan to expand my provisions store

Donkor

Dormaa Ahenkro_ghana, Ghana

100% repaid

Entrepreneur

Name

Donkor

Member since

September 2016

On-time repayments

101 installments  •  35%

About Me

My name is Emelia Donkor . I'm known and called DONK. Affter Senior High Education,I embarked on trading .I started selling chewing gum,toffees,matches and black polythene bags at the main lorry station. My target was to serve passengers who may travel around the municipality. I had accumulated some few monies so I hired a store and stocked it with milk,milo, satchel water, baby diapers,sugar,wahing and bathing soap and minerals like:coca-cola,malt,Fanta and so on. " Kwafie" is celebrated every two years in Dormaa Ahenkro and it is celebrated at the time when farmers had started harvesting their food crops.

My Business

I sell milk,milo,soap,toilet rolls and many others. I saw that these items would be useful tbecause when I was selling in smaller quantities for the passengers who where Because most of these item could be obtained from the big cities like Berekum, buyers prefer buying in larger quantities from Dormaa. I tried to sell things that people use daily. my products would a good supply for retailers especially on Tuesday's which is the municipal market. I started this business with. 100GH and now with the store, I have around 1000Gh as capital. I make a sale of about 100gh a day and even more on Tuesday's. I use part of the profit

Loan Proposal

I will buy baby diapers at a cost of $59, three bags of sugar at $36,six crates of minerals like coca-cola,malt,Fanta and energy drinks at a total cost of $69. With X'mas shopping at the corner my profits could increase to a maximum of 85%

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$34.00

Date disbursed

Nov 28, 2016

Repayment status

On Time

Projected term

3 months

Lenders

The Zinc Team

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

John Barnett

United States

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