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.
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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
Other loans
Lenders
United States
Brisbane, Australia
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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