Selling clean drinking water

Francis

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Francis

Member since

July 2016

On-time repayments

48 installments  •  69%

About Me

My name is Francis Adazabra. I am a Ghanaian from the northern region. I was born in the north and live much of my life out there till a family member who has travelled from north to Kumasi came for me to join him as helper. It wasnt easy when i joim him, this am saying because thimgs was not moving as i thought it was going to. He uses me and refuse to pay me the end of the month. Due to this sometimes what to even eat was a problem till God being so good a met a man one day who i talked to and decided to help me start up some some business. I started selling water by the roadside everyday and from that i was getting some little to buy food and also making sure i save the little i get. As things was moving,i gpt to a point where a friend linked me up to one water company where i was getting some water with my little savings i have made and selling infront of a friends shop. I did this for several years and one day the friend i sell infront of the shop decided to relocate his shop so gave out his old shop to me to use in selling my water. That was how i started with getting some huge interest that i could use get a little more suchey water to rely on.

My Business

i provide water in sachet. i deliver some to people during occations like wedding and birthday parties. i decided to choose this business because, as the saying goes
"water is life" no one in this world can ever live without water and fore that reason no matter how hard the economy may go people will still water to survive on. The price of eacg bag of water is 3cedis which i think from the rate people patronise in the buying of water if am giving a little chance to take more of it, i will gain much more interest and this can help my work grow.i would use the profit if am giving the loan out of it to expand my shop because i have the intension of attaching a provisional iteams to the shop but since the interest is not that huge is been pending.

Loan Proposal

When I am granted this loan I will purchase more water to be able to sell to my customers when they need. I will also buy coma to store some of the water chill so that when any of the customers need it chill they get it. I expect my profit margin to increase by 10%. The price of a bag of water is 4 cedis and I will be buying more so that I will get some in terms to shortage.

Feedback

3

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$101.00

Date disbursed

Apr 3, 2018

Repayment status

On Time

Projected term

21 months

Lenders

Scott

Oregon, United States

M

Margaret

United States

Claire Lewis

Wales Uk, United Kingdom

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Summary

Amount repaid

$101.31

Amount remaining

$0.00

Date repaid

Jun 3, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 15, 2018 $1.12 Apr 15, 2018 $1.12
Apr 22, 2018 $1.12 Apr 22, 2018 $1.12
Apr 29, 2018 $1.12 Apr 29, 2018 $1.12
May 6, 2018 $1.12 Apr 29, 2018 $1.12
May 13, 2018 $1.12 Apr 29, 2018 $1.12
May 20, 2018 $1.12 Apr 29, 2018 $1.12
May 27, 2018 $1.12 Apr 29, 2018 $1.12
Jun 3, 2018 $1.12 Apr 29, 2018 $1.12
Jun 10, 2018 $1.12 Apr 29, 2018 $1.12
Jun 17, 2018 $1.12 Apr 29, 2018 $1.12
Jun 24, 2018 $1.12 Apr 29, 2018 $1.12
Jul 1, 2018 $1.12 Apr 29, 2018 $1.12
Jul 8, 2018 $1.12 Apr 29, 2018 $1.12
Jul 15, 2018 $1.12 Apr 29, 2018 $1.12
Jul 22, 2018 $1.12 Apr 29, 2018 $1.12
Jul 29, 2018 $1.12 Apr 29, 2018 $1.12
Aug 5, 2018 $1.12 Apr 29, 2018 $1.12
Aug 12, 2018 $1.12 Apr 29, 2018 $1.12
Aug 19, 2018 $1.12 May 6, 2018 $1.12
Aug 26, 2018 $1.12 May 6, 2018 $1.12
Sep 2, 2018 $1.12 May 6, 2018 $1.12
Sep 9, 2018 $1.12 May 6, 2018 $1.12
Sep 16, 2018 $1.12 May 6, 2018 $1.12
Sep 23, 2018 $1.12 May 6, 2018 $1.12
Sep 30, 2018 $1.12 May 6, 2018 $1.12
Oct 7, 2018 $1.12 May 6, 2018 $1.12
Oct 14, 2018 $1.12 May 6, 2018 $1.12
Oct 21, 2018 $1.12 May 6, 2018 $1.12
Oct 28, 2018 $1.12 May 6, 2018 $1.12
Nov 4, 2018 $1.12 May 6, 2018 $1.12
Nov 11, 2018 $1.12 May 6, 2018 $1.12
Nov 18, 2018 $1.12 May 6, 2018 $1.12
Nov 25, 2018 $1.12 May 6, 2018 $1.12
Dec 2, 2018 $1.12 May 6, 2018 $1.12
Dec 9, 2018 $1.12 May 6, 2018 $1.12
Dec 16, 2018 $1.12 May 6, 2018 $1.12
Dec 23, 2018 $1.12 May 6, 2018 $1.12
Dec 30, 2018 $1.12 May 6, 2018 $1.12
Jan 6, 2019 $1.12 May 13, 2018 $1.12
Jan 13, 2019 $1.12 May 13, 2018 $1.12
Jan 20, 2019 $1.12 May 13, 2018 $1.12
Jan 27, 2019 $1.12 May 13, 2018 $1.12
Feb 3, 2019 $1.12 May 13, 2018 $1.12
Feb 10, 2019 $1.12 May 13, 2018 $1.12
Feb 17, 2019 $1.12 May 13, 2018 $1.12
Feb 24, 2019 $1.12 May 13, 2018 $1.12
Mar 3, 2019 $1.12 May 13, 2018 $1.12
Mar 10, 2019 $1.12 May 13, 2018 $1.12
Mar 17, 2019 $1.12 May 13, 2018 $1.12
Mar 24, 2019 $1.12 May 13, 2018 $1.12
Mar 31, 2019 $1.12 May 13, 2018 $1.12
Apr 7, 2019 $1.12 May 13, 2018 $1.12
Apr 14, 2019 $1.12 May 20, 2018 $1.12
Apr 21, 2019 $1.12 May 20, 2018 $1.12
Apr 28, 2019 $1.12 May 20, 2018 $1.12
May 5, 2019 $1.12 May 20, 2018 $1.12
May 12, 2019 $1.12 May 20, 2018 $1.12
May 19, 2019 $1.12 May 20, 2018 $1.12
May 26, 2019 $1.12 May 20, 2018 $1.12
Jun 2, 2019 $1.12 May 20, 2018 $1.12
Jun 9, 2019 $1.12 May 20, 2018 $1.12
Jun 16, 2019 $1.12 May 20, 2018 $1.12
Jun 23, 2019 $1.12 May 20, 2018 $1.12
Jun 30, 2019 $1.12 May 20, 2018 $1.12
Jul 7, 2019 $1.12 May 20, 2018 $1.12
Jul 14, 2019 $1.12 May 20, 2018 $1.12
Jul 21, 2019 $1.12 May 20, 2018 $1.12
Jul 28, 2019 $1.12 May 20, 2018 $1.12
Aug 4, 2019 $1.12 May 20, 2018 $1.12
Aug 11, 2019 $1.12 May 20, 2018 $1.12
Aug 18, 2019 $1.12 May 24, 2018 $1.12
Aug 25, 2019 $1.12 May 24, 2018 $1.12
Sep 1, 2019 $1.12 May 24, 2018 $1.12
Sep 8, 2019 $1.12 May 24, 2018 $1.12
Sep 15, 2019 $1.12 May 24, 2018 $1.12
Sep 22, 2019 $1.12 May 24, 2018 $1.12
Sep 29, 2019 $1.12 May 24, 2018 $1.12
Oct 6, 2019 $1.12 May 24, 2018 $1.12
Oct 13, 2019 $1.12 May 24, 2018 $1.12
Oct 20, 2019 $1.12 May 24, 2018 $1.12
Oct 27, 2019 $1.12 May 24, 2018 $1.12
Nov 3, 2019 $1.12 May 24, 2018 $1.12
Nov 10, 2019 $1.12 May 24, 2018 $1.12
Nov 17, 2019 $1.12 May 24, 2018 $1.12
Nov 24, 2019 $1.12 May 24, 2018 $1.12
Dec 1, 2019 $1.12 May 24, 2018 $1.12
Dec 8, 2019 $1.12 May 24, 2018 $1.12
Dec 15, 2019 $1.12 May 24, 2018 $1.12
Dec 22, 2019 $1.12 May 24, 2018 $1.12
Dec 29, 2019 $1.12 Jun 3, 2018 $1.12
Jan 5, 2020 $0.45 Jun 3, 2018 $0.45

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