Name
Hayford
Member since
March 2021
On-time repayments
23 installments • 87%
I am Adu Gyamfi Hayford a cold store operator and sachet water supply here in Accra, Ghana and have two kids. I
Currently run a cold store and with one staff. Am Fair in complexion and 5.2m tall with a diploma in computer science. In 2012 I got employed to Game stores a massmart subsidy and as a salesman, resigned in to start my own business on 15/10/2020 . So far I have invested Ghc4200 which I have make Ghc805 savings from the capital invested in stocking.
Cold Store:
I want to buy more goods to stock it so that I can sell varieties of cold meat to expand my business. My area (sowutuom) has a high patronage of cold meat even though I can not meet the demands of varieties of cold meat therefore when the loan is approved I can stock more of the cold meat to meet demand and yield more income and open mini branches to other sub-areas to create job for sales personal in future: Samon fish,Cow meat,Goat meat, redfish and Tuna and gizzard.
Source of income
I run the cold store full time 24/7, and have 1 worker employed with few boxes of cold meat u make all my profit with no loss at all, I have a 6kg generator to back my power in case lights go out. I make Ghc160 daily. And with loan to top up my capital I will make more income from this business food sells everyday here in my Area to enable my repay my loan and also increase sales.
Loan request
I humbly request a fund of GhC65000 to increase my stock to meet demand for profitability.
The loan would be used to buy more stock to resell for profitability and business expansion of my cold store business . I have a good location but less capita to buy more stock to resell for profitability so if the loan is granted I will use to buy more stock to resell for profitability and business.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$130.00
Date disbursed
Sep 4, 2021
Repayment status
On Time
Projected term
4 weeks
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