Mobile and counter chemical dealer

Ofori Mustapha

Techiman, Ghana

100% repaid

Entrepreneur

Name

Ofori Mustapha

Member since

November 2016

On-time repayments

270 installments  •  88%

About Me

I attended Techiman Ahmadiyya primary and completed middle school in 1989 and continue my education in the secondary level.Also completed in the year 1994 as ordinary level.Life became unbearable for me as i began selling food supplements and chemical drugs at a tender age of 10years when doing hawking from one market center to another selling to continue my education. On a particular occasion, i could not pay my school bills while selling in the market, council guards known as market securities chased me from the market preventing me to sell because i am child so am practicing child labor work instead of attending school for that particular period.
Through hardships as a mobile chemical drug dealer,i was thinking about how my community can get access to drug to solve their ailment or sickness and also to solve my children education.My people are peasant farmers and after the days work on farm,they need chemical drug to solve their problem for pain killers medicine.
Our culture is adowa dance and Fufu as our staple food. My hobbies are to serve my community well, hawking to sell,reading on instructions, browsing to get information, and swimming.

My Business

I sell different kind of chemical drug both mobile basis and counter selling. I also sell mobile phones and accessories in addition to my normal business. The revenue i generated is very huge and lucrative if given the loan to enable me purchase more goods.My daily sales is between Ghs 1,700 and Ghs 1,800 a day during market days. I normally purchased my products or goods from capital towns such as Accra and Kumasi because the price is moderate in big towns as compare to small towns. The profit will be used to purchase in large quantities as reinvestment and to foot my children school fees as well.

Loan Proposal

I will use it to invest into my project(business work).The items consist of different kinds of drugs and mobile phones bought in dollars at the cost of 7,000dollars and the profit margin of 5,00dollars when sold bulky.My community made up of 29,000 populace will benefit from it strongly and also help my children.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$9.00

Date disbursed

Dec 9, 2016

Repayment status

On Time

Projected term

3 months

Lenders

PG

Paul Graham

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

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Summary

Amount repaid

$8.67

Amount remaining

$0.00

Date repaid

Mar 20, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 19, 2016 $1.20 Dec 21, 2016 $1.20
Dec 26, 2016 $0.48 Dec 26, 2016 $0.48
Jan 2, 2017 $0.48 Jan 2, 2017 $0.48
Jan 9, 2017 $0.48 Jan 9, 2017 $0.48
Jan 16, 2017 $0.48 Jan 16, 2017 $0.48
Jan 23, 2017 $0.48 Jan 23, 2017 $0.48
Jan 30, 2017 $0.48 Jan 30, 2017 $0.48
Feb 6, 2017 $0.48 Feb 6, 2017 $0.48
Feb 13, 2017 $0.96 Feb 13, 2017 $0.96
Feb 20, 2017 $0.96 Feb 21, 2017 $0.96
Feb 27, 2017 $0.48 Feb 28, 2017 $0.48
Mar 6, 2017 $0.48 Mar 6, 2017 $0.48
Mar 13, 2017 $0.48 Mar 13, 2017 $0.48
Mar 20, 2017 $0.72 Mar 20, 2017 $0.72

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