Selling sachet water

Abel

Kenyasi Abirem, Ghana

100% repaid

Entrepreneur

Name

Abel

Member since

December 2016

On-time repayments

137 installments  •  36%

About Me

Abel Kusi Akosah is my name,born into a family of three(3).I had my early childhood school at Duayaw-Nkwanta Anglican primary school(1991-2001).To further my secondary studies,I went to Kumasi High School(2001-2003)in Kumasi(Ashanti-Region) where i pursued courses in the General Arts(Government,Economics'Geography,History). I also had my Diploma in basic education Wesley College of Education from 2007 to 2010 . I overcame hardship by taking advice from people who are more experienced than myself.
Growing up,my hobbies have been reading,playing football and relationship with people.From family where members are dependent financially on the parents for survival. It became a thourght for me to plan my life strtegical to achieve my goes and be financial sound. This has led me buying and selling agricultural produce,general goods and other stuffs.However,this provide business opportunities for business-minded personalities to cash-in.

My Business

My business is selling scahet water because the government has failed to provide the basic drinking water needed for every Ghanaian.There is not going to be a day,people will stop drinking water.The popularity of sachet water is growing on alarming rates even in towns and villages across Ghana.
Sachet water is very cheap and affordable to buy even by the poorest man on earth.Moreover,it is widely acceptable and used for events and parties and consumption of sachet water is not restricted by any law or religious belief unlike alcohol or some other drinking products. The raised some small fund from my salary which I used in starting the business.
This business has helped me to sustain my family need and improve my teaching career because of the profit i have been making.I market the product as people buy,I get profit.

Loan Proposal

I will buy 350bags of sachet water which will cost 2359.55dollars .This will help me to cater for my family and buy some items to help children home.Also this will help me to pay my junior brother's school fees and other contributions at the church. I am expecting around 75% profit from this business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$256.00

Date disbursed

Oct 3, 2017

Repayment status

On Time

Projected term

128 months

Lenders

mikeice

Kohler, United States

PG

Paul Graham

United States

CR

Christine Randall

Brisbane, Australia

Craig Newmark

United States

SH

Stephanie He

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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