Name
Daniel
Member since
June 2015
On-time repayments
56 installments • 79%
I come from Nandom in the Upper West Region but stay in Berekum currently. I started my basic school at Yiadom Boakye Experimental school in Berekum. I furthered my education from there to Techiman Senior high school. My parents are Teachers by profession. I am the general manager of 'Good luck' supermarket. Because the Business is lucrative and booming, my sister always help me with the sales. Since my place is a new site and people travel to Berekum for daily goods, providing these daily product for them in the community at affordable prices has been the break through.
Good luck supermarket is the name of my provision store. I started this supermarket shop in my area because my area is a new site and people demand for daily goods for living is high and there is no such business in that area. When I started this business, there have been a lot of improvement since people do run to my shop for their daily needs.
The products I sell are sardines, tin tomatoes, polythene bags, rice, sugar,milk, bread, coffee, bread flour and the likes which are of high demand
Again I also deal in products like, soap powders, soap, detergents, Mackerel, beans, groundnuts, soya beans, and many others. The main idea for considering this business was that, the people at our site will need these items in everyday life. If I invest about $150 within a week I can get $45 due to the high demand for my products and how react to changes in the system which cater for people needs. I will need enough funding to support my business since I want to start retail services with other customers who also want to start small business in other areas . Since zidisha micro-finance company have been my source of funding since 2013 I therefore plead with you if you can offer me additional $300 to buy more mackerel, rice, beans, polythene bag, tin tomatoes of different sizes in bulk and bags of suger, groundnuts, gari, salt and the likes to start my retail business
With the help of the loan firstly l want to purchase commodities such as
tin tomatoes, mackerel, sardines, mayonnaise, oil, sugar which in higher demand in bulk so as to reduce the cost of purchasing them in unit quantities which usually arouses the cost
in every month.
l will need 4 boxes of tin tomatoes which will cost $37,
3 boxes of sardine which will also cost $40,
4 boxes of mackerel which will amount to $40,
2 curtains of mayonnaise which will also amount to $30,
5 gallons of oil which cost $53 and
2 bags of sugar which also cost $33.
Secondly l will like maintain the selling of my local commodities like Dawadawa, Shea butter, dry baobab leave which will cost me about $25.
l am looking forward to earn about $27 profit each week which will enable me to introduce educational materials such as books, pen, pencil, marshal, eraser, and etc which are daily demand of my fellow community members
l hope will help me achieve my aim as a young upcoming businessman.
l am looking forward for your usual cooperation.
Thank you.
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Project Type
Classic Loan
Disbursed amount
$260.00
Date disbursed
Nov 13, 2015
Repayment status
On Time
Projected term
3 months
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