Entrepreneur
Name
Frederick
Member since
October 2017
On-time repayments
68 installments • 62%
About Me
My name is Fred Osei. I am a teacher in the Ghana Education Service and at the moment doing this business to supplement the income of the family, seeing the financial situation in the country, and to help other friends who are not working yet to get something to occupy themselves with.At the moment I am at tuba and majority of the people there are farmers and they are very good to us .My children are interested in the business I am doing at the moment and would like to make it big as they take over .I am much interested in playing table tennis at my leisure period .In view of this I to expand the soap making to schools so that many
communities benefit from my knowledge.
My Business
BUSINESS PLAN
K’dua Contractors and Company Ltd. is a dully registered company based in Ghana-Accra and pirates under the labour and business law in Ghana. The company as at now is a small scale soap production manufacturing firm specialized in the production of deltoil, bathing gell, bar soap and liquid soap.
K’dua Contractors and Co. Ltd. has a well-structured management team lead by the CEO with very effective and competent people in the following areas, finance, marketing, Human resource, production and administration /management.
K’dua Contractors and Co. Ltd. has been able to identify and establish that this particular area in soap production in our national development gives an opportunity to do good business and intend to participate to the best of our ability.
K’dua Contractors and Co. Ltd. hope to contribute greatly and play a very good role in this national developmental sector and also to increase our production in the subsequent years.
ITEM PRODUCT PRESENT SALES GH¢ PROPOSED SALE % +
1. Deltoil 15,000 20,000 75
2. Bathing gell 10,000 20,000 50
3. Liquid soap 18,000 26,000 69
4. Bar soap 8,000 14,000 40
We intend to increase our sales by 58.5% in the next three years in our worst case.
We have established the fact that the market exists and we intend to take a chunk of the market in the coming years. If you are able to grant us an amount of GH¢15,000 due to this, we will be able to expand throughout parts of the country.
Loan Proposal
Pine 100 GH CEDI's. $23 ,Base 140 GH CEDI's $30, Thinner 100Gh CEDI's $23,Vitamin E 160 GH CEDI's. $34,,Color 45 GH CEDI's ,Alcohol 150 GH CEDI's $32 , This loan will help me to produce the liquid soap, bathing gel, deltol ,It will also create an additional income for the family and the workers as a whole.It will also help me to raise my profit margin by 15 percent.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$101.00
Date disbursed
Feb 8, 2018
Repayment status
On Time
Projected term
2 months
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Margaret Nov 4, 2019
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