Purchase of refrigerator and expansion of my shop

Entrepreneur

About Me

Adjei Mensa is my name. I come from Ampenkro, a village near Drobo in the Brong Ahafo region of Ghana. My parents were peasant farmers who divorced when I was three years. It has been a miracle for my upbringing as a result of a relatively large family (seven siblings) and divorced parents. I had to start fending for myself from a tender age. I completed teacher training college and subsequently the university through the assistance of a good Samaritan. I therefore want to help my younger siblings as well as my nephews and nieces to continue their education and cater for my old mother. My community is a poor one so I intend creating an educational fund through the assistance of benevolent societies to cater for the needy.

My Business

I owe a provision and cold store in a small community called Menji in the Tain district of Ghana. Most of the town folk had to preciously travel about 10 kilometers to have access to meat and other valuable vegetables. I therefore created a cold store to sell fish and frozen chicken for consumption. This has eased the burden on the townsfolk from travelling for these products. I have recently added soft drinks and items for sale. Efforts are being made to purchase an extra refrigerator to make up for the increasing demand for my products.

Loan Proposal

I would want to buy an extra refrigerator to make up for the increasing demand for frozen chicken and fish. The cost of the refrigerator is estimated at 900 dollars. I would use part of the loan to increase my stock since there are only two cold stores in my community with a population of almost 2500 people. Profit generated would be used to cater for my family members and for further studies.

Feedback

Loan Info

Lenders