Opening of new shop of dygro-organic fertilizer

Ernest Kwakugah

Accra, Ghana

100% repaid



Ernest Kwakugah

Member since

February 2015

On-time repayments

47 installments  •  70%

About Me

My name is Ernest Kwakugah.I come from Kpando in the Volta Region. I am a businessman and am precisely into network marketing, both online and offline. I have been into network marketing for the past eight years. I am happily married to a lady teacher with one boy, three daughters. She is a primary 4 teacher, who also has taken keen interest in Zidisha loan. I reside at North Kaneshie. I am very sociable person as well as a team player. I am Higher National Diplama holder. As a network Marketer I help a lot of my team members improve upon their finances. Most of them are currently doing very well in business. I intend assisting those of them who need some financial assistance by referring them to Zidisha.

My Business

As a network marketer for almost 10years, I have had lots of successes in the industry. I am a very focused person who does one thing at a time. The bedrock of the industry is honesty and friendliness as well as selflessness. I am always desirous to see my followers succeed and that had been my passion all these years. In this regard I have more followers that always respond whenever am introducing them into anything new. “” and “Dynapharm Ghana limited” are some of the main networks I am into. Ecashplanet is a board system in which we do referrals and Dynapharm Ghana limited deals in organic fertilizer and natural health products. I travel length and breadth of Ghana,doing these network market business. My main problem has been access to loans. Loan requirement throughout my country goes with a lot of demand for collaterals. Besides, they always ask for huge interest rate that could sometimes collapse your business. It is for this reason that I decided to join Zidisha when Benjamin Ghansah introduced it to me, because it is business friendly and the best in the system for my country.

Loan Proposal

It is my wish to open a new dygro- Organic fertilizer shop in the Volta region of Ghana.Demand of the fertilizer in the region is on the rise,whilst the cost of meeting it is quite high because my transportation cost.It will however be good if am able to site a shop close to the farmers in the Volta region.This will certainly reduce the number of times I travel there to send the products to the farmers in the month.Besides,there it will enhance availability and accessibility by my customers.This project shall cost me not less than $350.
As I have already mentioned,it will save me a lot of money since my frequency of going there shall be minimized.There will be more saving of cash since my transportation cost is reduced.It shall also increase my sales since there is proximity.
My profit margin shall go up about 30%.Thus, after paying my shop attendant.I shall be very grateful if my next loan is approved.Thank you.






Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Aug 8, 2015

Repayment status

On Time

Projected term

3 months



Melbourne, Australia


Utrecht, Netherlands

Paul Buchheit

Mountain View, United States


San Francisco, Ca, United States


Kirsty M

United Kingdom



Singapore, Singapore

Ask Ernest a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.