Selling of sachet water

Abel

Kenyasi Abirem, Ghana

5% 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 am still into sachet water selling,I have been able to buy a container where I will keep the water for customers to come and buy as whole sale. I will buy 300bags of sachet water which is GHS300 equivalent to 133.49USDollars.This will help me to acquire a land God willing and take care of my family. I am targeting a profit of 70% after selling.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$525.00

Date disbursed

Dec 22, 2017

Repayment status

Late

Projected term

24 months

Lenders

A

Anonymous

United States

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Summary

Amount repaid

$26.62

Amount remaining

$498.45

Expected completion

Jan 5, 2020

Status

Repaying late

Installment amount

$0.44

Repayment History

Expected Payments Actual Payments
Dec 31, 2017 $5.32 Jan 1, 2018 $5.32
Jan 7, 2018 $0.44 Jan 5, 2018 $0.44
Jan 14, 2018 $0.44 Jan 5, 2018 $0.44
Jan 21, 2018 $0.44 Jan 5, 2018 $0.44
Jan 28, 2018 $0.44 Jan 5, 2018 $0.44
Feb 4, 2018 $0.44 Jan 5, 2018 $0.44
Feb 11, 2018 $0.44 Jan 5, 2018 $0.44
Feb 18, 2018 $0.44 Feb 20, 2018 $0.44
Feb 25, 2018 $0.44 Feb 20, 2018 $0.44
Mar 4, 2018 $0.44 Feb 20, 2018 $0.44
Mar 11, 2018 $0.44 Feb 20, 2018 $0.44
Mar 18, 2018 $0.44 Feb 20, 2018 $0.44
Mar 25, 2018 $0.44 Oct 30, 2018 $0.44
Apr 1, 2018 $0.44 Oct 30, 2018 $0.44
Apr 8, 2018 $0.44 Oct 30, 2018 $0.44
Apr 15, 2018 $0.44 Oct 30, 2018 $0.44
Apr 22, 2018 $0.44 Oct 30, 2018 $0.44
Apr 29, 2018 $0.44 Oct 30, 2018 $0.44
May 6, 2018 $0.44 Oct 30, 2018 $0.44
May 13, 2018 $0.44 Oct 30, 2018 $0.44
May 20, 2018 $0.44 Oct 30, 2018 $0.44
May 27, 2018 $0.44 Oct 30, 2018 $0.44
Jun 3, 2018 $0.44 Oct 30, 2018 $0.44
Jun 10, 2018 $0.44 Oct 30, 2018 $0.44
Jun 17, 2018 $0.44 Oct 30, 2018 $0.44
Jun 24, 2018 $0.44 Oct 30, 2018 $0.44
Jul 1, 2018 $0.44 Oct 30, 2018 $0.44
Jul 8, 2018 $0.44 Oct 30, 2018 $0.44
Jul 15, 2018 $0.44 Oct 30, 2018 $0.44
Jul 22, 2018 $0.44 Oct 30, 2018 $0.44
Jul 29, 2018 $0.44 Oct 30, 2018 $0.44
Aug 5, 2018 $0.44 Oct 30, 2018 $0.44
Aug 12, 2018 $0.44 Oct 30, 2018 $0.44
Aug 19, 2018 $0.44 Oct 30, 2018 $0.44
Aug 26, 2018 $0.44 Oct 30, 2018 $0.44
Sep 2, 2018 $0.44 Oct 30, 2018 $0.44
Sep 9, 2018 $0.44 Oct 30, 2018 $0.44
Sep 16, 2018 $0.44 Oct 30, 2018 $0.44
Sep 23, 2018 $0.44 Oct 30, 2018 $0.44
Sep 30, 2018 $0.44 Oct 30, 2018 $0.44
Oct 7, 2018 $0.44 Oct 30, 2018 $0.44
Oct 14, 2018 $0.44 Oct 30, 2018 $0.44
Oct 21, 2018 $0.44 Oct 30, 2018 $0.44
Oct 28, 2018 $0.44 Oct 30, 2018 $0.44
Nov 4, 2018 $0.44 Nov 6, 2018 $0.44
Nov 11, 2018 $0.44 Nov 6, 2018 $0.44
Nov 18, 2018 $0.44 Nov 6, 2018 $0.44
Nov 25, 2018 $0.44 Nov 6, 2018 $0.44
Dec 2, 2018 $0.44 Nov 6, 2018 $0.44
Dec 9, 2018 $0.44
Dec 16, 2018 $0.44
Dec 23, 2018 $0.44
Dec 30, 2018 $0.44
Jan 6, 2019 $0.44
Jan 13, 2019 $0.44
Jan 20, 2019 $0.44
Jan 27, 2019 $0.44
Feb 3, 2019 $0.44
Feb 10, 2019 $0.44
Feb 17, 2019 $0.44
Feb 24, 2019 $0.44
Mar 3, 2019 $0.44
Mar 10, 2019 $0.44
Mar 17, 2019 $0.44
Mar 24, 2019 $0.44
Mar 31, 2019 $0.44
Apr 7, 2019 $0.44
Apr 14, 2019 $0.44
Apr 21, 2019 $0.44
Apr 28, 2019 $0.44
May 5, 2019 $0.44
May 12, 2019 $0.44
May 19, 2019 $0.44
May 26, 2019 $0.44
Jun 2, 2019 $0.44
Jun 9, 2019 $0.44
Jun 16, 2019 $0.44
Jun 23, 2019 $0.44
Jun 30, 2019 $0.44
Jul 7, 2019 $0.44
Jul 14, 2019 $0.44
Jul 21, 2019 $0.44
Jul 28, 2019 $0.44
Aug 4, 2019 $0.44
Aug 11, 2019 $0.44
Aug 18, 2019 $0.44
Aug 25, 2019 $0.44
Sep 1, 2019 $0.44
Sep 8, 2019 $0.44
Sep 15, 2019 $0.44
Sep 22, 2019 $0.44
Sep 29, 2019 $0.44
Oct 6, 2019 $0.44
Oct 13, 2019 $0.44
Oct 20, 2019 $0.44
Oct 27, 2019 $0.44
Nov 3, 2019 $0.44
Nov 10, 2019 $0.44
Nov 17, 2019 $0.44
Nov 24, 2019 $0.44
Dec 1, 2019 $0.44
Dec 8, 2019 $0.44
Dec 15, 2019 $0.44
Dec 22, 2019 $0.44
Dec 29, 2019 $0.44
Jan 5, 2020 $473.60

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