Refrigerator to preserve non-alcoholic drinks for sale

Obour

Bechem, Ghana

2% repaid

Entrepreneur

Name

Obour

Member since

January 2017

On-time repayments

13 installments  •  31%

About Me

My name is obour clement and the only sibling of my parents. I was brought up by my parents from infancy until my dad Gabe me out to a friend of his who stayed in Accra with the intention of giving me a better education. I complete secondary school in Accra. When i was just about entering tertiary that my second dad passed away. My parents were not working at this time because they did not go to school. I had no joy of coming back home because I knew I wouldn't be able to enter tertiary since my parents didn't have money. I started selling toffees and handkerchiefs to make ends meet and to save towards my education. With time I was able to expand it to selling drinks.
I have one baby boy and he wants to become a footballer in future and I share his dream. I love to play soccer with my boy and I love it.

My Business

I currently have secured a small kiosk where I sell drinks.

My commodities are moderate and people enjoy patronizing them due to the good customer service i have which has always become my hallmark.
I am able to make a little income but not a lot since my refrigerator broke down. People love to take chilled drinks. Demand for the nonalcoholics has gone down since then.
I save the little I gain and send some to my parents and caters for my kid with a a margin.

Loan Proposal

I wish to buy a mini refrigerator to preserve the drinks i sell which will facilitate and boost market. This will cost about 110 united state dollars.

This will help me meet my customers' preference like it used to be before. Patronage of my soft and hard drink wil be high and my revenue too. When my refrigerator was working I used to make much profit. When it broke down returns reduced by 20%. I hope with the new refrigerator, my weekly profit can raise by a greater margin than it fell.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$105.00

Date disbursed

Jan 24, 2017

Repayment status

Late

Projected term

60 months

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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