Starting my drinking water distribution business
Joseph
Ayanfuri,dunkwa Offin., Ghana
100% repaid
Entrepreneur
Name
Joseph
Member since
June 2016
On-time repayments
70 installments • 27%
About Me
Joseph Asford is my name and I am a young Ghanaian from the Eastern region of Ghana. However, am currently not staying in that region because when I was young, I went to stay with my uncle in another town who took the pains and raised me till day. it has therefore been a very long time since I have gone back to visit my own home Town.
My mother and Father are both alive and I see them occasionally. I am currently working with blue ice mineral what which is a drinking water processing company in my locality. the salary is not that bad but I still plan and intend to start my own drinking water distribution business.
I do not run a business now since I am gainfully employed but I have all my plans on paper to start one very soon.
My Business
I work as a day time worker with a sachet drinking water processing company in my community. the water business is really booming with lots of demand to which we sometimes do not even meet.
I therefore intend to start a supply of drinking water business in January come next year in 2017.
I have saved from my salary substantially towards this wonderful goal and am quiet set to roll .
The typical profit ratios in this business is very high for now with revenue never exceeding cost of operations. My business when supported and helped will make portable drinking water available to many people who do not have such now.
Loan Proposal
first of all I do not have a business of my own now but I work with a drinking water processing company. However, I have a very strong business plan to start a drinking water distribution business in January of 2017.
This particular loan will be paid with a five month period, I will be making repayments out of my salary until I finish paying and launch out my actual business.
This loan will set me on target and help me to raise the needed capital for my business come January of 2017. so for me, the repayment of this loan is for me to prove myself worthy to receive help and support..
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Loan Info
Project Type
Classic Loan
Disbursed amount
$129.00
Date disbursed
Aug 19, 2016
Repayment status
On Time
Projected term
12 months
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