Purchase 400 bags of charcoal from producers to retailers

Prince

Techiman, Ghana

100% repaid

Entrepreneur

Name

Prince

Member since

October 2020

On-time repayments

29 installments  •  55%

About Me

My name is Prince Ofori from Ghana I am at the age of 31 years old from a family of four, I am single and a self employed entrepreneur into a micro enterprise, I ventured into entrepreneurship after both parents retired from their teaching jobs infact life became very unbearable , I started with a very small capital that could only purchase a handful of bags of charcoal but I never gave up and that bold step I took has helped myself and my family in so many ways and so I would be grateful if my dear lenders in Zidisha find trust and interest in business by lending me loans to increase my capital and profit base and to also venture into other areas so I can also lend to the needy in the near future. Thank you

My Business

The name of my business is appointed time trading enterprise, which consists of buying and selling charcoal from producers to retailers which was started three(3) years ago with a start up capital of eighteen thousand Ghana cedis. I must confirm is a very good business that has increased my profit base over the years, I would be grateful if lenders of Zidisha come to my aid by lending me money to increase my capital base in other to grow my charcoal business and to venture into other areas. Thank you

Loan Proposal

I will use the loan to purchase more bags of charcoal from producers to retailers since there is a high level of demand for charcoal so that I can also increase the number of times I supply my retailers.

Income Source

First of all charcoal is a non perishable product so the risk involved should I not get buyers in time is very minimal and also there's a high of demand so is almost risk free.

My Videos

Mar 6, 2021: Introduction to my charcoal business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$39.00

Date disbursed

Oct 14, 2020

Repayment status

On Time

Projected term

1 week

Lenders

D

Divergent

Bethesda, United States

iggwag

Kilifi, Kenya

Paul Buchheit

Mountain View, United States

Taylor Vaughn

Nashville, United States

CE

Christopher Engleright

Stafford, United States

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