Purchasing affordable flour in bulk for local schools

Patrick

Berekum, Ghana

19% repaid

Entrepreneur

Name

Patrick

Member since

January 2015

On-time repayments

71 installments  •  62%

About Me

My name is Amoako Patrick.I am 32 years of age. I come from Berekum in the Brong Ahafo Region of Ghana.I am the first born of my parents.Am married with three kids. My parents are all residents of Berekum. .I started my education at The saint Monica's Basic school and furthered at the Berekum Senior High School.Upon a successful completion, I entered Wesley College and now practice as a teacher at Koraso Catholic Basic school.
My desire into operating business aside my teaching profession arose due to difficulties I uncounted having to upgrade myself and cater for my then two children. I opted for selling of flour. My passion for sale of flour arose due to my ability to read the market of my community.Today,am able to take good care of my children and currently furthering my education by distance.
My hobbies are reading, visiting friends, singing and listening to news.

My Business

I started the sale of flour and margerine in the year 2011 yet practicing as a professional teacher. I entered into sale of flour after reading the market of Berekum carefully. I raised that there where few stores which deal in the sale of flours in the community.Flour has many uses in my community since it’s a delicacy for many traditional foods in my area. Staple foods such as Akankyee ,buff loaf, bread and other pastries are also enjoyed by my people.I started the sale of flour with a base capital of about 1000 dollars but within a period of four years my base capital has increased to about 4000 dollars.Most people prefer purchasing my flour ahead of my competitors due to marketing measures I deal with my customers.For instance I offer credit offer customers.I offer credit of to boarding schools who are made to pay at the end of every month.My biggest challenge has been how to help customers convey their goods to their destination which I intend buying a truck in the near future.
I use the profits from my sales in supporting my children education as well as helping two kids I have adopted to help school school.
REPAYMENT OF LOAN
I will repay the loan from the profits I make from my sales

Loan Proposal

The demand for the flour and margarine have increase drastically and need to quickly add to the little that is left. I intend to use this loan to purchase more flour and margarine to meet the demands of my customers.I promise to pay back my loan as early as possible if I am granted the loan. Thank you very much.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$588.00

Date disbursed

Sep 18, 2015

Repayment status

Late

Projected term

65 months

Lenders

YB Song

Seoul, Republic of Korea

Martin

Manama, Bahrain

S

Sherry

Pittsburgh, United States

P

Prysdahl

Marshall, United States

F

flaguy999

Tampa, United States

Hedwich

Gorssel, Netherlands

dlpringle

Denver, United States

B

beckynagel

United States

Pascal Coyles

Ghent, Belgium

MW

Matt Willis

United States

MB

Milan Beran

Hamburg, Germany

C

Christian

Switzerland

Alicia

United States

A

avangalen

Netherlands

Eugen Stamm

Zurich, Switzerland

CH

Cris Higham

South Africa

R

Roberto

Oviedo, Spain

D

Dan

Germany

BS

Ben Smye

United Kingdom

JS

Joshua Squillets

Brooklyn, United States

CG

Colin Geibel

United States

G

Gregor

Netherlands

TT

Ted Truscott

United Kingdom

AH

Anish Hallan

United Kingdom

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  • Patrick    Feb 24, 2016

    I wish to reduce my installment amount because my business is now facing challenges due to the fact that my goods(flour) loaded in a truck from Takoradi got into an accident about two months ago.

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  • avangalen    Feb 1, 2016

    Is business picking up again?

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  • Patrick    Oct 20, 2015

    Business has become rough of late but I want to pay my loan as well.

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  • Cris Higham    Sep 17, 2015

    Well done Patrick, good luck with the logistics.

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  • Patrick    Sep 17, 2015

    Thank you very much for funding my loan for me. I intend to use this loan to purchase more flour and margarine to meet the demands of my customers.This will help me to generate a profit to cater for my two children.

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  • Nana    Sep 16, 2015

    Dear lenders,
    please come to my aid, i will earnestly repay, i thank you for the offer

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  • Baah    Sep 13, 2015

    www.zidisha.org/borrower/lo...

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  • Patrick    Sep 9, 2015

    Thanks to all Lenders, you are the reason for the growth of my business. God bless you.

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  • Patrick    Sep 9, 2015

    Thank you Lenders, you have been a help to me a lot. My business is now experiencing a tremendous growth and my daily profit has also increased. God bless you all.

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  • Patrick    Aug 11, 2015

    Business has been good of late and I gain more profit(50 percent increased) than I was getting before which has made me want to increase my payment amount

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  • Patrick    Jun 23, 2015

    l have received the money.The amount was 1448.l thank my lenders, may God bless u all.l used the money to purchase flour.

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  • Patrick    May 26, 2015

    Thank you Lenders for lending to. In fact I work very hard and was able to make profit from the sale of flour and margarine. This helps me to pay back successfully. Thanks you Lenders once again and always stay blessed.

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  • Patrick    Apr 7, 2015

    I have received it. I got 723 Ghana cedis. I will add it to my money so that i can buy a lot of flour. I thank my lenders a lot.

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  • Patrick    Mar 24, 2015

    Thanks to all Lenders for your great support. I was able to move my business to the next level. I am glad to be part of Zidisha team and I will continue to fulfill my part as a borrower. God bless you all.

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  • Patrick    Feb 5, 2015

    Thank you lenders for funding my loan. GOD BLESS YOU ALL

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  • Emmanuel    Feb 3, 2015

    Dear Lenders, Patrick mean business so please kindly assist him. Wish you all the best.

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