Purchasing, processing and selling foodstuff

Osman Bashiru

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Osman Bashiru

Member since

September 2018

On-time repayments

167 installments  •  99%

About Me

I am Usman Baahiru, I am 57 years old. I leave in Kumasi Asawase. I am married with five kids I own a corn mill which use in processing corn and selling in the market.

My Business

As I said earlier, I'm in to buying and processing of corn for resell in the consumer market. I own the corn processing machine. I therefore buy corn from the villages bring it to process and resell.

Loan Proposal

I am going to buy specific foodstuff like maize, millet etc and process them into flour. After which I Will distribute the process flour to my customers who will then resell to restaurants and final consumers.
Price of 150kg of maize is Ghs200. I make a profit of Ghs 40 out of every 150kg of maize sold. Within a week I am able to make around Ghs200 as a profit. when I am able to have enough lawn, I will be able to increase my stock level. This will help me increase my revenue for the week and therefore an increase in my profit as well. There is a grate potential for growth in my line of business and therefore if I have enough capital the sky will be my limit.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$21.97

Date disbursed

Oct 6, 2018

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $0.00

Lenders

Paul Buchheit

Mountain View, United States

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  • Osman Bashiru    Sep 5, 2022

    Because of my light problem till now l am not working

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  • Osman Bashiru    Aug 22, 2022

    Please because of my electricity till to day the company haven't finish the maintenance

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  • Osman Bashiru    Aug 8, 2022

    Please with due respect we have light problem in our aeria since last three weeks till to day l am speaking we don't have light to work

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  • Osman Bashiru    May 27, 2022

    I received an amount of ghc
    4383
    I will buy row material
    May God bless first zidisha team and all my lenders who
    Support my project
    Thank you're

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  • Osman Bashiru    May 26, 2022

    I want to buy row materials it will help me to get new customers l am praying God to help them in their work

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  • Mavis Amanua Ankrah    May 26, 2022

    Kindly invest it into your business

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  • Osman Bashiru    May 18, 2022

    I will buy maize to process this can help me because it not time for new harvest not every one can get the maize only god can reward for making my project possible

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  • Osman Bashiru    May 3, 2022

    I have been able to buy more grains to grand and supply to many sellers,example corn dough,corn flour and other flours for making porridge.So now it has made me to get a lot of costomers and am now able to buy grains and not on credit.thank you zidisha.

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  • Osman Bashiru    Apr 11, 2022

    This ajustement because this days the demand is too slow

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  • Osman Bashiru    Mar 29, 2022

    This time around the market is too slow that is why I am paying this

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  • Osman Bashiru    Mar 14, 2022

    The demand is too slow that is why l choose this payment thank you

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  • Osman Bashiru    Mar 1, 2022

    This time the market is low
    Because of the depreation of the cedi

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  • Osman Bashiru    Feb 15, 2022

    Because of the decongestion the demand of goods is too slow

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  • Osman Bashiru    Feb 2, 2022

    This time the demand of goods is too low that is why the adjustment

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  • Osman Bashiru    Jan 17, 2022

    Because of the light off this time

    Low market the demand is too slow

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  • Osman Bashiru    Jan 3, 2022

    This time the market is too low

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  • Osman Bashiru    Dec 21, 2021

    This days the market is too low that is why l reduce the payment

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  • Osman Bashiru    Sep 1, 2021

    I am going to use the loan amount to buy stock of corn for processing. This will help me increase my stock and help me increase my revenue and profit.
    Thank you very much Zidisha and my lenders for the trust you have in me and richly bless you.

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