Purchase of stock

Edem

Accra, Ghana

100% repaid

Entrepreneur

Name

Edem

Member since

August 2015

On-time repayments

49 installments  •  80%

About Me

My name is Edem Koku Addo and I was born to the Addo family in 1986 here in Accra. I attended Mamprobi JHS after which I went through a three-year auto mechanic course. On completion, I worked with IPMC (an IT company in Accra) as the driver to the Microsoft finance manager for four or five years later with the driver’s license number Addo-221086-01-01. From then, I decided to drive a commercial bus using the Aflao - Accra Road. Having a great passion for business, I decided to start buying local foodstuffs like tomatoes, peppers, etc. from the Volta region to be distributed to the local chop bars here in Accra.

My Business

At the moment, I am driving a commercial bus with registration number GG-3029-14 using the Aflao -Accra route. Whenever I travel, I make sure that I buy local foodstuff like tomatoes, peppers, etc. to supply to the local restaurants here in Accra (usually called chop bars). My supply is usually useful as my products are always fresh from the farm. I chose this foodstuff supply to help the restaurants have access to farm products and also to make profits as they are cheaper in the Volta region at the moment. The business can generate up to 18% of profits which helps me foot my siblings’ school fees and I reinvest the remaining profits in the business.

Loan Proposal

With this new loan I will be able to travel more frequently to volta region where the tomatoes are cheaper to buy them in large quantity to meet up with with with the demand here and I know it will yield a great divident and also enable me foot my responsibility like paying for my younger one school fees

Show original English  

About Me

MY NAME IS EDEM KOKU ADDO BORN TO THE FAMILY ADDO FAMILY IN 1986 HERE IN ACCRA AND ATTENDED MAMPROBI JHS AND AFTER WHICH I WENT THROUGH A THREE YEAR AUTO MECHANIC CAUSE AND ON COMPLETION I WORKED WITH IPMC( AN I T COMPANY IN ACCRA ) AS THEIR THE DRIVER TO THE MICROSOFT FINANCE MANAGER FOR FOUR FIVE YEARS AND LATER WITH THE DRIVERS LICENCE NUMBER ADDO-221086-01-01 AND FROM FROM THEN I DECIDED TO DRIVE COMMERCIAL BUS USING AFLAO - ACCRA ROAD AND HAVING GREAT PASSION FOR BUSINESS I DECIDED TO START BUYING LOCAL FOODSTUFF LIKE TOMATOES , PEPPER ETC FROM VOLTA REGION TO BE DISTRIBUTED TO THE LOCAL CHOP BARS HERE IN ACCRA.

My Business

AT THE MOMENT AM DRIVING A COMMERCIAL BUS WITH REGISTRATION NUMBER GG-3029-14 USING AFLAO -ACCRA ROUTE AND WHENEVER I TRAVEL I MAKE SURE THAT I BUY LOCAL FOODSTUFF LIKE TOMATOES , PEPPER ETC TO SUPPLY TO THE LOCAL RESTAURANTS HERE IN ACCRA USUALLY CALLED CHOP BARS AND MY SUPPLY IS USUALLY USEFUL AS MY PRODUCTS ARE ALWAYS FRESH FROM THE FARM. I CHOOSED THIS FOOD STUFF SUPPLY TO HELP THE RESTAURANTS HAVE ACCESS TO FARM PRODUCTS AND ALSO MAKE PROFITS AS THEY ARE CHEAPER IN VOLTA REGION AT THE MOMENT THE BUSINESS CAN GENERATE UP TO 18% OF PROFITS WHICH HELPS FOOT MY SIBLING SCHOOL FEES AND RE INVEST THE REMAINING .

Loan Proposal

With this new loan I will be able to travel more frequently to volta region where the tomatoes are cheaper to buy them in large quantity to meet up with with with the demand here and I know it will yield a great divident and also enable me foot my responsibility like paying for my younger one school fees

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$325.00

Date disbursed

Dec 1, 2015

Repayment status

On Time

Projected term

3 months

Lenders

K

Krokslatt

Mölndal, Sweden

cyrus0302

San Francisco, United States

Zidisha

Sterling, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

mepster

San Francisco, Ca, United States

PG

Paul Graham

United States

KJ

Kevin Jones

United States

DM

Dritan Muneka

United States

Thomas

Sweden, Sweden

DK

Danny Kelly

United States

Ask Edem a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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