Selling ice cream to put myself through school

Musah

Baantama, Kumsi In Ghana., Ghana

10% repaid

Entrepreneur

Name

Musah

Member since

June 2016

On-time repayments

38 installments  •  66%

About Me

My name is Musah Alhassan, I am from Ghana in west Africa. I come from a Muslim family of Ten which include my parents. Growing up has not been easy as we were mostly struggling with resources due to our number. however, I was very hardworking and due to that I pulled through at a very tender age. I did really left the house very early to fend for myself on the streets of Accra for sometime but by the Grace of God I found help and I went back to school. I start this ice cream shop at the age of 18 on a very small scale but now it is really growing and am very proud of it.
I am very hardworking, working from dawn to dusk not considering the heat of the scorching sun. Childhood was not that great but I believe strongly that adulthood is showing great science of a greater promise. I am still a student at the tertiary level. I operate this shop on part time myself and it has not been bad at all since when I started. My greatest dream is to have a successful business and a family.

My Business

As I have mentioned earlier I am a student and working in my own small Ice cream business too at the same time. I go there very early in the morning when my customers comes for their ice cream, I close the shop in the afternoon to go for lectures and I open again in the evening.
I sell fan milk, yoghurt, orange, fruit juice and many more. this business is very profitable even though I do it on part time bases. When my suppliers bring me inventory, to which they do every week, I finish selling and sometimes ends up making a profit of more that 30% on the entire amount I gave them and this is within just one week and that is really great.
this has been the general out look ever since I began and it is a very good business.
I pay my fees out of it, I live on part and I save part of it too..

Loan Proposal

Hoping strongly that my loan project will be fully funded, when It reaches it maximum, I will put into my business the whole and entire amount that I will receive. As usual with my profit margin of 30% per week I believe that I will be able to repay my loan even if my market receives some shocks which are not new in business. so i will go for inventory of ice creams and other drinks like fan yoghurt and fun nice, with tampico drinks and etc. This investment is to increase my profit and help me with my education.
this aid will increase my profit and help me to continue to stay in school and subsequently better my life and help me achieve my dreams and aims in Life..
Thank You...

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$322.00

Date disbursed

Nov 21, 2016

Repayment status

Late

Projected term

56 months

Other loans

Lenders

E

EABF

Netherlands

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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