Distributing sachets of clean drinking water

Akosua

Banda Nkwanta, B/a, Ghana

1% repaid

Entrepreneur

Name

Akosua

Member since

January 2015

On-time repayments

187 installments  •  41%

About Me

My name is Akosua Mansah. I am a Ghanaian. I was raised among all boys except my mom. I thus had a little formal education but not much. I at least had one that allows me to read and write. I basically did not continue my education due to financial difficulties on the side of my parents.
But it was my choice that I became a trader since I am naturally good at that. I started selling sachet water on the high streets of Bandah and later graduated to selling it on a retail basis. Bandah Nkwantah is a very busy place with diversity of people due to the commercial activities.

My Business

I sell or deal in sachet water but on a large scale. I buy about a hundred bags of sachet water with a hundred dollars. After sales, I will make 50% to 70% percent profit on the amount of money invested. I invest back into my business and live also on a percentage of it. I challenge myself every day with my business bearing in mind that hard work is what will produce the needed profits and sales. So I work from dawn to dusk.

Loan Proposal

I sell what we locally call pure water which is actually sachet water. If my loan is funded in full, I will use the entire amount to purchase bags of sachet water for sale. However, with the injection of this capital, some people can also come and purchase on small scale for resale.
Now, one bag of sachet water for some brands costs some $1.50 while others cost $2.00 depending on which one customers demand the most due to branding and quality. So, I will use $150 to purchase the one that one bag cost $1.50 and $200 to purchase the $2.00 ones. Both varieties are in equal demand in my community. In total, I will be getting up to about 300 bags of sachet water for sale and distribution. I will make a reasonable profit of about $120 on the invested $350.

Show original English  

About Me

My name is Akosua Mansah. I am a Ghanaian. I was raised among all boys except my mom. I thus had a little formal education but not much. At least one that allows me to read and write. I basically did not continue my education due to financial difficulties on the side of my parents.
But it was my choice that i became a Trader since i am naturally good at that than intellectually. I started selling sachet water on the high streets of Bandah and later graduated to selling it on retail basis. Bandah Nkwantah is a very busy place with diversity of people due to the commercial activities.

My Business

i sell or deal in sachet water but on a large scale.I buy about hundred Bags of sachet water with a hundred Dollars. and after sales, i will make 50% to 70% percent profit on the amount of money invested. i invest the rest back into my business and live also on a percentage of it. I challenge myself everyday on with my business bearing in mind that hardwork is what will produce the need profits and sales. So i work from dawn to dusk.

Loan Proposal

i sell what we locally call pure water which is
actually sachet water. if my loan is funded in
full, i will use the entire amount to purchase
bags of sachet water for sale. however, with
the injection of this capital, some people can
also come and purchase on small scale for
resale.
As at now, one bag of sachet water cost some
$1.5 and others also cost $2.0 depending
on which one customers demand the most
due to branding and quality. so i will use
$150 to purchase the one that one bag cost
$1.5 and $200 to purchase the $2.00 ones.
both varieties are in equal demand in my
community. so in total, i will be getting up to
about 300 bags of sachet water for sale and
distribution.
I will make a reasonable profit of about $120 of the invested $350.

Feedback

5

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$420.00

Date disbursed

Feb 21, 2017

Repayment status

Late

Projected term

20 months

Lenders

G

guenter

Bremen, Germany

kuebel

Vienna, Austria

Boysenfam

Boulder, United States

M

mkfiddler

Santa Barbara, United States

Bobrm2k3

Charleston, United States

Generaal

Antwerp, Belgium

D

DanielW

United States

N

nycjen

United States

JA

Jorge Alagon

Munich, Germany

A

AniaC

Melbourne, Australia

Janet Merrill Miller

The Mossy Pacific Northwest, United States

Elly

Woudrichem, United Kingdom

K

K

United States

V

Vivek

Arlington, VA, United States

MR

Michiel Rauws

San Francisco, Netherlands

PG

Paul Graham

United States

E

Eyad

Saudi Arabia

MC

United States

Myria

New Mexico, United States

S

Sally

Australia

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Shane Bugeja

Mankato, Minnesota, United States

Ellen

Michigan, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

KN

Kevin N

Cleveland, Ohio, United States

ZS

Zach Silveira

Asheville, Nc, United States

Daveycee

The Hague, Netherlands

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

BA

Burf and Patsy

St. John's, Canada

A

Anonymous

United States

Bruno

Vancouver, Canada, Canada

M

Mark

United States

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  • Emma    Jan 7, 2018

    Hi Akosua,

    We still believe in you :-) You can do it... It doesn't matter if you're a little bit late. Just give everyone an update sometime soon so we know you're not a ghost :-) You'll be ok, you can do it...

    All the best, Emma from Australia.

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  • guenter    Apr 23, 2017

    Dear Akosua, you have missed seven repayments. Do you have any problems? Please keep us informed.

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  • Akosua    Feb 20, 2017

    Thank you all very much my dear lenders and all the zidisha family for ones again helping me.
    The loan will help me with lots of sachets of clean drinking water for my community whiles making a living for myself..
    Thank you very much...

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  • Akosua    Feb 10, 2017

    Hello my dear lenders and all who have been so helpful to me here. I say thank you so very much for your help and support. God bless you. Business has not always turned out the way i imagined and that has accounted for percentages but i will always strive to pay back all money given me in the name of love and support. I am grateful. kindly come to my aid again if you can and God richly bless you all. Thank you
    Akosua Mansah

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  • Rembrandt    Feb 3, 2017

    Dear Akosua,

    Thank you for all the updates. How are you doing? I hope you are doing well with your business of selling satchets, Wish you all the best and god bless.

    With Best Regards, Rembrandt

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  • Akosua    Jun 24, 2016

    my dear lenders, kindly permit me to reschedule my payments. thank you..

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  • Akosua    Mar 31, 2016

    Hello my dear friends and lenders, kindly permit me to reschedule my repayment. I am reducing it a bit for the next two weeks and I will come back to it..please bear with me..
    thank you..

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  • Akosua    Mar 25, 2016

    hello my dear friends i just did the payment i was owing today 25th of March.
    thank you all..

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  • Akosua    Mar 8, 2016

    Hello my dear friends, i paid my 7th March due on 8th and am waiting for the three day window for it to reflect. thank you

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  • Akosua    Mar 4, 2016

    Hello to my dear lenders, i trust that you are all doing well. Please i did my payment on 29th of february but it is still not showing so i have just sent an email to the service center for help and support...
    thank you for your patience and i will keep you updated on the outcome soon enough..
    thank you...

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  • Isaac    Feb 19, 2016

    Hello lenders and team zidisha,
    Akosua says she has send her payment on tuesday so please check to update her account.thank you

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  • Akosua    Feb 18, 2016

    Hello my dear friends, thank you for all the aid , i did made payment covering the 140 GHS for my full outstanding loan repayment for two weeks. i paid it on Tuesday but it has not reflected yet so i have send an email to the office for support so that it will reflect.
    thank you for your understanding and patience...

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  • Isaac    Feb 18, 2016

    Good work done Akosua

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  • Akosua    Feb 16, 2016

    Hello to my dear lenders, i had some family issues and had to travel for a while and the place where i went too there was no network coverage for me to do my payments, however, i just came back and i have done all the loan outstanding today so very soon it will reflect. Sorry for any inconvenience and thank you for your patience, God bless you all

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  • Isaac    Feb 1, 2016

    Congratulation for your first repayment.keep up and lets help to sustain zidisha.

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  • Isaac    Feb 1, 2016

    Akosua,congratulation for your first repayment.keep it up.

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  • Isaac    Jan 31, 2016

    Hello Akosua,I hope you are doing well? Please try to maintain good payment standings,it helps you for higher credit in future.
    regards
    VM

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  • Rembrandt    Jan 24, 2016

    Dear Akosua Mansah,

    Happy to support your Sachet water business. All the best with the next steps! With Best Regards, Rembrandt

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    • Akosua    Feb 16, 2016

      Thank you very much for your kind words, i am very grateful for the help. God bless you all..

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  • Isaac    Jan 15, 2016

    Akosua,congratulation for your loan funding and I advice you use the money for the intended proposal in order to maintain timely payment.
    Regards
    volunteer mentor.

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  • Akosua    Oct 6, 2015

    my dear lenders, kindly permit me to reduce my weekly payments for a month. I am currently struggling with my business and I will want to be regular with my payments as well.
    sorry for any inconvenience, but I will quickly come back to it as soon as business pics up.
    thank you..

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