Loan to purchase sachet (bagged) water for sale
Akosua
Banda Nkwanta, B/a, Ghana
100% repaid
Entrepreneur
Name
Akosua
Member since
January 2015
On-time repayments
187 installments • 41%
About Me
My name is Akosua Mansah. I am a Ghanaian. I was raised among all boys except my mom. I thus had a little formal education but not much. I at least had one that allows me to read and write. I basically did not continue my education due to financial difficulties on the side of my parents.
But it was my choice that I became a trader since I am naturally good at that. I started selling sachet water on the high streets of Bandah and later graduated to selling it on a retail basis. Bandah Nkwantah is a very busy place with diversity of people due to the commercial activities.
My Business
I sell or deal in sachet water but on a large scale. I buy about a hundred bags of sachet water with a hundred dollars. After sales, I will make 50% to 70% percent profit on the amount of money invested. I invest back into my business and live also on a percentage of it. I challenge myself every day with my business bearing in mind that hard work is what will produce the needed profits and sales. So I work from dawn to dusk.
Loan Proposal
Loan Proposal
i sell what we locally call pure water which is actually sachet water. if my loan is funded in full, i will use the entire amount to purchase bags of sachet water for sale. however, with the injection of this capital, some people can also come and purchase on small scale for resale.
As at now, one bag of sachet water cost some $2.5 and others also cost $5.00 depending on which one customers demand the most due to branding and quality. so i will use $150 to purchase the one that one bag cost $2.5 and then the remaining $150 will be used to purchase the one that a bag cost $4.00.
both varieties are in equal demand in my community. so in total, i will be getting up to about 300 bags of sachet water for sale and distribution.
i will be so happy that the people of my community will have clean and treated affordable drinking water to consume just through my little effort to expand my business. Then to myself, my profit margin will shoot up and that i will be making a profit of more than 40% of the invested $300. Then also everyday i will work so for sure , i will be able to repay the loan in full in the appointed time and date and as scheduled
About Me
My name is Akosua Mansah. I am a Ghanaian. I was raised among all boys except my mom. I thus had a little formal education but not much. At least one that allows me to read and write. I basically did not continue my education due to financial difficulties on the side of my parents.
But it was my choice that i became a Trader since i am naturally good at that than intellectually. I started selling sachet water on the high streets of Bandah and later graduated to selling it on retail basis. Bandah Nkwantah is a very busy place with diversity of people due to the commercial activities.
My Business
i sell or deal in sachet water but on a large scale.I buy about hundred Bags of sachet water with a hundred Dollars. and after sales, i will make 50% to 70% percent profit on the amount of money invested. i invest the rest back into my business and live also on a percentage of it. I challenge myself everyday on with my business bearing in mind that hardwork is what will produce the need profits and sales. So i work from dawn to dusk.
Loan Proposal
Loan Proposal
i sell what we locally call pure water which is actually sachet water. if my loan is funded in full, i will use the entire amount to purchase bags of sachet water for sale. however, with the injection of this capital, some people can also come and purchase on small scale for resale.
As at now, one bag of sachet water cost some $2.5 and others also cost $5.00 depending on which one customers demand the most due to branding and quality. so i will use $150 to purchase the one that one bag cost $2.5 and then the remaining $150 will be used to purchase the one that a bag cost $4.00.
both varieties are in equal demand in my community. so in total, i will be getting up to about 300 bags of sachet water for sale and distribution.
i will be so happy that the people of my community will have clean and treated affordable drinking water to consume just through my little effort to expand my business. Then to myself, my profit margin will shoot up and that i will be making a profit of more than 40% of the invested $300. Then also everyday i will work so for sure , i will be able to repay the loan in full in the appointed time and date and as scheduled
Feedback
Positive
5
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$358.00
Date disbursed
Jul 29, 2015
Repayment status
On Time
Projected term
32 months
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Summary
Amount repaid
$404.00
Amount remaining
$0.00
Date repaid
Jan 10, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 9, 2015 | $12.50 | Aug 8, 2015 | $12.50 |
| Aug 16, 2015 | $12.50 | Aug 17, 2015 | $12.50 |
| Aug 23, 2015 | $12.50 | Aug 31, 2015 | $12.50 |
| Aug 30, 2015 | $12.50 | Aug 31, 2015 | $12.50 |
| Sep 6, 2015 | $12.50 | Sep 21, 2015 | $12.50 |
| Sep 13, 2015 | $12.50 | Sep 21, 2015 | $12.50 |
| Sep 20, 2015 | $2.50 | Sep 21, 2015 | $2.50 |
| Sep 27, 2015 | $0.00 | ||
| Oct 4, 2015 | $0.00 | ||
| Oct 11, 2015 | $2.50 | Oct 12, 2015 | $2.50 |
| Oct 18, 2015 | $2.50 | Oct 12, 2015 | $2.50 |
| Oct 25, 2015 | $2.50 | Oct 12, 2015 | $2.50 |
| Nov 1, 2015 | $2.50 | Dec 20, 2015 | $2.50 |
| Nov 8, 2015 | $2.50 | Dec 20, 2015 | $2.50 |
| Nov 15, 2015 | $2.50 | Dec 20, 2015 | $2.50 |
| Nov 22, 2015 | $2.50 | Dec 20, 2015 | $2.50 |
| Nov 29, 2015 | $2.50 | Dec 20, 2015 | $2.50 |
| Dec 6, 2015 | $2.50 | Dec 20, 2015 | $2.50 |
| Dec 13, 2015 | $2.50 | Dec 20, 2015 | $2.50 |
| Dec 20, 2015 | $2.50 | Dec 31, 2015 | $2.50 |
| Dec 27, 2015 | $2.50 | Dec 31, 2015 | $2.50 |
| Jan 3, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Jan 10, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Jan 17, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Jan 24, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Jan 31, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Feb 7, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Feb 14, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Feb 21, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Feb 28, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Mar 6, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Mar 13, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Mar 20, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Mar 27, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Apr 3, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Apr 10, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Apr 17, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Apr 24, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| May 1, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| May 8, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| May 15, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| May 22, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| May 29, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Jun 5, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Jun 12, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Jun 19, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Jun 26, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Jul 3, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Jul 10, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Jul 17, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Jul 24, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Jul 31, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Aug 7, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Aug 14, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Aug 21, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Aug 28, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Sep 4, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Sep 11, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Sep 18, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Sep 25, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Oct 2, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Oct 9, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Oct 16, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Oct 23, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Oct 30, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Nov 6, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Nov 13, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Nov 20, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Nov 27, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Dec 4, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Dec 11, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Dec 18, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Dec 25, 2016 | $2.50 | Dec 31, 2015 | $2.50 |
| Jan 1, 2017 | $2.50 | Dec 31, 2015 | $2.50 |
| Jan 8, 2017 | $2.50 | Dec 31, 2015 | $2.50 |
| Jan 15, 2017 | $2.50 | Dec 31, 2015 | $2.50 |
| Jan 22, 2017 | $2.50 | Dec 31, 2015 | $2.50 |
| Jan 29, 2017 | $2.50 | Dec 31, 2015 | $2.50 |
| Feb 5, 2017 | $2.50 | Dec 31, 2015 | $2.50 |
| Feb 12, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Feb 19, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Feb 26, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Mar 5, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Mar 12, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Mar 19, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Mar 26, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Apr 2, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Apr 9, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Apr 16, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Apr 23, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Apr 30, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| May 7, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| May 14, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| May 21, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| May 28, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Jun 4, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Jun 11, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Jun 18, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Jun 25, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Jul 2, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Jul 9, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Jul 16, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Jul 23, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Jul 30, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Aug 6, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Aug 13, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Aug 20, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Aug 27, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Sep 3, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Sep 10, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Sep 17, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Sep 24, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Oct 1, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Oct 8, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Oct 15, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Oct 22, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Oct 29, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Nov 5, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Nov 12, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Nov 19, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Nov 26, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Dec 3, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Dec 10, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Dec 17, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Dec 24, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Dec 31, 2017 | $2.50 | Jan 10, 2016 | $2.50 |
| Jan 7, 2018 | $2.50 | Jan 10, 2016 | $2.50 |
| Jan 14, 2018 | $2.50 | Jan 10, 2016 | $2.50 |
| Jan 21, 2018 | $2.50 | Jan 10, 2016 | $2.50 |
| Jan 28, 2018 | $2.50 | Jan 10, 2016 | $2.50 |
| Feb 4, 2018 | $2.50 | Jan 10, 2016 | $2.50 |
| Feb 11, 2018 | $2.50 | Jan 10, 2016 | $2.50 |
| Feb 18, 2018 | $2.50 | Jan 10, 2016 | $2.50 |
| Feb 25, 2018 | $2.50 | Jan 10, 2016 | $2.50 |
| Mar 4, 2018 | $2.50 | Jan 10, 2016 | $2.50 |
| Mar 11, 2018 | $2.50 | Jan 10, 2016 | $2.50 |
| Mar 18, 2018 | $2.50 | Jan 10, 2016 | $2.50 |
| Mar 25, 2018 | $2.50 | Jan 10, 2016 | $2.50 |
| Apr 1, 2018 | $2.50 | Jan 10, 2016 | $2.50 |
| Apr 8, 2018 | $1.50 | Jan 10, 2016 | $1.50 |
Janet Merrill Miller Apr 2, 2017
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