Sale of household plumbing and electrical materials

Christian Jnr Ababio

Accra, Ghana

100% repaid

Entrepreneur

Name

Christian Jnr Ababio

Member since

August 2017

On-time repayments

73 installments  •  75%

About Me

Christian Ababio Jnr is my name. I got to know of Zidisha through my brother who is already on board.

I am so excited to learn about all the good things that you are doing to help the majority of people and I will be glad to be a part of it

My Business

Gaining shelf space in major marts and supermarkets has been the focus of my next business to distribute honey and that is what I have been working on all this while. Sample analysis were completed at the Ghana Standards Authority and approval from the Food and Drugs Authority on the wholesomeness of the product has been successful.

This project will see a wide distribution across categories of outlets including pharmacies, supermarkets, mini marts and convenience shops. It will meet the needs of a segment of the people who really require honey as a necessary supplement to their food.

With the growing demand for honey in these outlets, I am expanding. This is where Zidisha's help is needed to increase my supply. I need Zidisha's help to purchase the following items:
1. 50 litres of honey (25*2) @ $ 250
2. honey label production @ $60
3. Bottles for packaging @ $50
Total $360

Loan Proposal

I will inject all the capital outlay into my business to increase the product lines thereby making it a one stop shop for customers with different needs. This will create a market niche and make the business more competitive. The capital injection will increase growth and rake in more customers from the area. It is my firm believe that profit will grow by 20 to 30 percent in the months ahead. $250 will be used to buy plumbing materials and accessories.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$224.27

Date disbursed

Dec 22, 2017

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Service fee: $6.33

Lenders

sderickson

Berkeley, CA, United States

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