Loan to stock

Adu

Dormaa Ahenkro, Ghana

100% repaid

Entrepreneur

Name

Adu

Member since

January 2017

On-time repayments

150 installments  •  23%

About Me

Nkyenkye has been my stay ever since I was born. I used to play football when I was young and I had the intention of developing it to its fullest but unfortunately I broke my leg when we were playing with one team in the neighborhood. I shifted my attention to selling of petty items to earn a living. I began the whole process by selling few toffees,biscuits, chewing gum and Hacks.I was doing this business first on a small table at the lorry pack and market was actually encouraging so I saved some of the profits I made out of my sales. I built a store out of this profits and now I have my own store made of metal to boast of. toffees, Now in my shop I have the sale of other items like perfume rice,baby diapers,milk,Milo,cooking oil,Sardines,sachem water and many others.

My Business

Milk, fruit juice, Fanta, malt, toilet roll, tissue paper,perfume rice, baby diapers, milk,tin tomatoes are some of the things I sell. I live in a municipality and the things I sell are more attractive to the people around. I considered these items because I know these are basic necessities in man's life. I buy these items from Suyani and retail them in my shop to earn a living .Dormaa Ahenkro is always busy when it is Tuesday. Many are those who come to market to buy and sell. This is a day that I use to have sales on the increase than any other day. I'm able to record sales between GHS250 to GHS350 a day. I normally buy more goods to fill my shop with the profits I make. In most cases,I pay my children's school fees and buy some clothes for the family. Guitar playing is my hobby.

Loan Proposal

I will buy twenty packets of toilet roll $35,can malt,$28,four boxes of soap $34. Ten Can sprite ,$39, ten bags soap,$43.it is wish that these items after sales could have a turning point in my life.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Jan 26, 2017

Repayment status

On Time

Projected term

4 months

Lenders

PG

Paul Graham

United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Adu a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Adu    Feb 13, 2018

    This week, business was not good.

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  • Adu    Dec 14, 2017

    I will buy milk,Milo,Sugar, Rice,baby diapers etc. I wish to thank my lenders very much for funding this loan.

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  • Adu    Nov 30, 2017

    Hurray!lenders I'm very happy writing to inform you that my loan went well for me. With the few items I bought made my shop looked more attractive to buyers. Some of these items were: Rice, Soap, baby diapers, biscuits and many others which met a good market. I have bought some new items with the profit that came out of this sale. Thank you once again for your continuous support.

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  • Adu    Nov 17, 2017

    Many thanks to my lenders for this loan. I'm indeed happy to have my loan funded for me and my stock will meet exactly the Xmas festivities. Thank you all.

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  • Margaret    Nov 8, 2017

    Good luck Adu with your new loan, I hope you can buy a lot of stock for the upcoming festive season.

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  • Adu    Nov 8, 2017

    Hello lenders, I'm happy today because of you. As a matter of fact my business has seen a whole lot of changes. I bought the following, perfume rice,Milo,Milk,sugar,baby diapers as well as biscuits and so on. I have actually developed my shop interns of items. I want to thank you .

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  • Adu    Nov 2, 2017

    I want to thank my lenders for their immense contributions towards my job. Milk,Milo,Perfume rice and so on I have purchased with my Zidisha loan amount has actually changed the look of my shop and I'm of the hope that future loans will let me see more.

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  • Adu    Oct 18, 2017

    Business has been very good lenders. My items I bought with the loan amount is actually yielding profit and this is making my life comfortable. I have enough milk,Milo,sugar,perfume rice to sell to my customers.

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  • Adu    Oct 4, 2017

    Thank you very much lenders for your support.

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  • Adu    Sep 30, 2017

    I thank my lenders for this support. I will work hard to get profit and to repay my loan on time.

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  • Adu    Sep 23, 2017

    I will buy,fruit juice,fanta,sugar,rice etc. Thank you my lenders for your support.

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  • Ronald    Sep 22, 2017

    Hello Adu! I wish you all the best for your project. Best regards, Ronald (Switzerland)

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  • Adu    Sep 9, 2017

    I thank my lenders sincerely for funding this loan for me. I will surely obtain some profit to enable me expand my business ø

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  • Adu    Sep 2, 2017

    I want to inform my lenders that I'm so grateful to you. I feel that gradually my business is growing because of the loan amount that funded. Thank you very much.

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  • Adu    Aug 31, 2017

    Thanks to my lenders so much for improving my business. I wish to let my lenders be aware that I'm actually growing my business because of the loan amount funded. I have used the profits I obtained after selling the few items to buy more items such as milk,baby diapers,creams,sugar,rice into my shop which hopefully is going to generate another profit for me. I thank you very much for your fine gesture.

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  • Adu    Aug 21, 2017

    My account is too small this week.

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  • Adu    Jul 11, 2017

    I have received GHS59.thanks to my lenders for funding this loan.

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  • Adu    Jul 10, 2017

    I will buy milk,sugar,perfume rice etc. These items will increase my stock and generate profit for me. I thank my lenders for funding this loan.

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  • Adu    Jul 8, 2017

    Hello lenders I wish to thank you for the loan funded. I m so grateful to you and I wish to also state that with the few things I bought with the loan there improvement in my business now.

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  • Adu    May 27, 2017

    I received GHS41. Thanks to my lenders for funding this loan for me.

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