Meat stock-up

Hayford

Accra, Ghana

100% repaid

Entrepreneur

Name

Hayford

Member since

March 2021

On-time repayments

23 installments  •  87%

About Me

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.

My Business

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.

Loan Proposal

The loan would be used to increase my meat stock up to meet customers demand.. I cannot meet the high demand of stock for my customers due to lack of enough capital. Therefore when this loan is granted I will use to buy more stock (Gizzard) to expand my business and payback easily. I have a good location but less capital. I need a variety of stock.

Income Source

I can payback easily because sales is doing well at where am situated. Within the stipulated weeks I can meet the payment schedule. Therefore if the loan is granted I will use it to buy stock for the business and generate more income. Paying will not be a problem because my business poses no risk.

Feedback

1

None

None

  • Lindsey    Jun 13, 2021

    Repaid the loan ahead of schedule and had great communication. I would lend to him again.

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    • Hayford    Jul 3, 2021

      Thank you for the Loan, it came at the right time I needed and I look forward to have a good relationship with you through zidisha to mentor others.

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    • Hayford    Jul 18, 2021

      Hi Lindsey, hope you doing well. Happy Sunday

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    • Hayford    Aug 22, 2021

      Thank you Lindsey, I made a big sale within 24hr with the loan and I have paid 80% hoping to complete the 20% by Tuesday. Thank you very much.

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    • Hayford    Nov 29, 2021

      Hi Lindsey, how are you doing.its been a long time

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Loan Info

Project Type

Classic Loan

Disbursed amount

$31.00

Date disbursed

Jun 14, 2021

Repayment status

On Time

Projected term

5 weeks

Lenders

Scotts5320

New York, United States

Lindsey

United States

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Summary

Amount repaid

$31.27

Amount remaining

$0.00

Date repaid

Jul 3, 2021

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 21, 2021 $6.36 Jun 21, 2021 $6.36
Jun 28, 2021 $6.36 Jun 28, 2021 $6.36
Jul 5, 2021 $6.36 Jul 3, 2021 $6.36
Jul 12, 2021 $6.36 Jul 3, 2021 $6.36
Jul 19, 2021 $5.83 Jul 3, 2021 $5.83

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