Entrepreneur
Name
Nyamekye
Member since
December 2016
On-time repayments
92 installments • 59%
About Me
I am Nyamekye Jacob Justice. I attended school in Techiman and completed my basic education in the year 2002 and proceeded to polytechnic to offer bakery.
Currently, life was very hard and no help as i wanted to continue my education to university. So,a friend introduced me to join Zidisha project to enable me take care of my family and at the same time combine my education to a higher level.
Bakery is my field and therefore i decided to have sell my products in a form of provisional store.The reason is that, in my community,they love to buy these commodities as food supplement and after days work my provision store serve a lot of people in my community.
During wedding and festive occasions i earned a lot from my bakery and soft drinks.
My culture is Fufu,Adowa ensemble, and kente clothes.
My hobbies are networking, music, football and swimming.
I wouldnt like my children suffer the way i did because we are now in a global village and am expecting to strive hard to uplift me children education.
My Business
l am currently operating a provisional store with assorted items like cakes, toffees, soft drinks of all kinds, milk,Milo,soap etc.
The demand is very high and very profitable because my people come to my shop always because am sole sale in the area.
My community is densely populated with about 30,000 people and therefore demand from my store is high.
I can sell between Ghs 4,000 and Ghs 5,000 per day sales.
The cost of my stock is between ghs 6,000 or ghs 7,000.
I need to invest into my provisional store to help my children and adopt some of the brilliant but needy children in my community when zidisha comes into my aid.
Loan Proposal
I will use it to purchase items such as milo,milk,soap,rice,soft drinks,paste,etc and all forms of bakery items like oil,flours etc.The price of such items cost between 7,000 dollars and 7,500 dollars.The benefit that will have on my community is to have access to basic food retailing without traveling far distance and my children as well as the needy will benefit out of it.The profit margin i expect from this business is boming or high and therefore expect from 7,000 dollars to 9,000 dollars,an increase of 2,000 dollars.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$194.00
Date disbursed
Jan 9, 2017
Repayment status
On Time
Projected term
9 months
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