Stock of coconut & palm nut oils for my general store
Koffi
Accra, Ghana
18% repaid
Entrepreneur
Name
Koffi
Member since
May 2015
On-time repayments
243 installments • 31%
About Me
My name is Koffi Dossa.
I was born to farming parents who did know the value of education but did not have the means to finance my education , but managed to educate me to secondary level .
I had to work hard during week ends and vacations to supplement their effort.
After teaching as pupil teacher and later on managing an evangelical bookshop I realized I will not be able to educate my children and prepare for safe future, unless I start my personal business. So with the help of my wife I saved money to rent a shop to start distribution of local rice , cooking oil and daily consumables.
I am a father of two . Abel , 15, intend to become a computer engineer whilst the sister Emmanuella 13 want to become a physician. I like reading at my when I am free
My Business
I distribute local rice , Gari, maize powder sugar, tooth paste , cooking oils s and toilet roll. These are the commodities people in my neighborhood need on a daily basis and this business has been my dream since my school days to provide people with their basic needs at an affordable price.
Purchasing stock, transport, rent and paying the service of a neighbor who helps me serve customers who live some distance from the shop constitute the cost I incur.
The income is spent on paying school fees , feeding the family and reinvestment in the growing of the business
Loan Proposal
COCO NUT AND PALM NUT OIL RETAILING:
Term 3 weeks
Cost: $395.0
Commondity Coconut oil Palm oil
Quantity: 4 xJelly can 3xJelly can
Unit Price $ 65.00 $ 45.00
Amount: $260.00 $135.00
Transport $ 5.00
Total Cost $ 400.00
Sales
Coconut oil : 100liters x$4.00 $400.00
Palm oil 75liters x $2.50 $187.50
Sales Total $587.50
Profit $ 187.00
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$312.00
Date disbursed
Jul 13, 2017
Repayment status
Late
Projected term
33 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$54.85
Amount remaining
$256.78
Expected completion
Apr 12, 2020
Status
Repaying late
Installment amount
$1.20
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 23, 2017 | $11.74 | Jul 27, 2017 | $11.74 |
| Jul 30, 2017 | $1.20 | Jul 30, 2017 | $1.20 |
| Aug 6, 2017 | $1.20 | Aug 6, 2017 | $1.20 |
| Aug 13, 2017 | $1.20 | Aug 13, 2017 | $1.20 |
| Aug 20, 2017 | $1.20 | Aug 21, 2017 | $1.20 |
| Aug 27, 2017 | $1.20 | Aug 21, 2017 | $1.20 |
| Sep 3, 2017 | $1.20 | Aug 21, 2017 | $1.20 |
| Sep 10, 2017 | $1.20 | Sep 11, 2017 | $1.20 |
| Sep 17, 2017 | $1.20 | Sep 17, 2017 | $1.20 |
| Sep 24, 2017 | $1.20 | Sep 26, 2017 | $1.20 |
| Oct 1, 2017 | $1.20 | Sep 26, 2017 | $1.20 |
| Oct 8, 2017 | $1.20 | Oct 1, 2017 | $1.20 |
| Oct 15, 2017 | $1.20 | Oct 1, 2017 | $1.20 |
| Oct 22, 2017 | $1.20 | Oct 16, 2017 | $1.20 |
| Oct 29, 2017 | $1.20 | Oct 16, 2017 | $1.20 |
| Nov 5, 2017 | $1.20 | Jan 18, 2018 | $1.20 |
| Nov 12, 2017 | $1.20 | Jan 18, 2018 | $1.20 |
| Nov 19, 2017 | $1.20 | Jan 18, 2018 | $1.20 |
| Nov 26, 2017 | $1.20 | Jan 18, 2018 | $1.20 |
| Dec 3, 2017 | $1.20 | Jan 18, 2018 | $1.20 |
| Dec 10, 2017 | $1.20 | Jan 18, 2018 | $1.20 |
| Dec 17, 2017 | $1.20 | Jan 18, 2018 | $1.20 |
| Dec 24, 2017 | $1.20 | Jan 18, 2018 | $1.20 |
| Dec 31, 2017 | $1.20 | Feb 3, 2018 | $1.20 |
| Jan 7, 2018 | $1.20 | Feb 3, 2018 | $1.20 |
| Jan 14, 2018 | $1.20 | Feb 3, 2018 | $1.20 |
| Jan 21, 2018 | $1.20 | Feb 3, 2018 | $1.20 |
| Jan 28, 2018 | $1.20 | Feb 3, 2018 | $1.20 |
| Feb 4, 2018 | $1.20 | Feb 3, 2018 | $1.20 |
| Feb 11, 2018 | $1.20 | Feb 3, 2018 | $1.20 |
| Feb 18, 2018 | $1.20 | Feb 3, 2018 | $1.20 |
| Feb 25, 2018 | $0.00 | ||
| Mar 4, 2018 | $0.00 | ||
| Mar 11, 2018 | $0.00 | ||
| Mar 18, 2018 | $0.00 | ||
| Mar 25, 2018 | $0.00 | ||
| Apr 1, 2018 | $0.00 | ||
| Apr 8, 2018 | $0.00 | ||
| Apr 15, 2018 | $0.48 | May 5, 2018 | $0.48 |
| Apr 22, 2018 | $0.48 | May 5, 2018 | $0.48 |
| Apr 29, 2018 | $0.48 | May 5, 2018 | $0.48 |
| May 6, 2018 | $0.48 | May 5, 2018 | $0.48 |
| May 13, 2018 | $0.48 | May 5, 2018 | $0.48 |
| May 20, 2018 | $1.20 | May 5, 2018 | $1.20 |
| May 27, 2018 | $1.20 | May 5, 2018 | $1.20 |
| Jun 3, 2018 | $1.20 | May 29, 2018 | $1.20 |
| Jun 10, 2018 | $1.20 | May 29, 2018 | $1.20 |
| Jun 17, 2018 | $1.20 | ||
| Jun 24, 2018 | $1.20 | ||
| Jul 1, 2018 | $1.20 | ||
| Jul 8, 2018 | $1.20 | ||
| Jul 15, 2018 | $1.20 | ||
| Jul 22, 2018 | $1.20 | ||
| Jul 29, 2018 | $1.20 | ||
| Aug 5, 2018 | $1.20 | ||
| Aug 12, 2018 | $1.20 | ||
| Aug 19, 2018 | $1.20 | ||
| Aug 26, 2018 | $1.20 | ||
| Sep 2, 2018 | $1.20 | ||
| Sep 9, 2018 | $1.20 | ||
| Sep 16, 2018 | $1.20 | ||
| Sep 23, 2018 | $1.20 | ||
| Sep 30, 2018 | $1.20 | ||
| Oct 7, 2018 | $1.20 | ||
| Oct 14, 2018 | $1.20 | ||
| Oct 21, 2018 | $1.20 | ||
| Oct 28, 2018 | $1.20 | ||
| Nov 4, 2018 | $1.20 | ||
| Nov 11, 2018 | $1.20 | ||
| Nov 18, 2018 | $1.20 | ||
| Nov 25, 2018 | $1.20 | ||
| Dec 2, 2018 | $1.20 | ||
| Dec 9, 2018 | $1.20 | ||
| Dec 16, 2018 | $1.20 | ||
| Dec 23, 2018 | $1.20 | ||
| Dec 30, 2018 | $1.20 | ||
| Jan 6, 2019 | $1.20 | ||
| Jan 13, 2019 | $1.20 | ||
| Jan 20, 2019 | $1.20 | ||
| Jan 27, 2019 | $1.20 | ||
| Feb 3, 2019 | $1.20 | ||
| Feb 10, 2019 | $1.20 | ||
| Feb 17, 2019 | $1.20 | ||
| Feb 24, 2019 | $1.20 | ||
| Mar 3, 2019 | $1.20 | ||
| Mar 10, 2019 | $1.20 | ||
| Mar 17, 2019 | $1.20 | ||
| Mar 24, 2019 | $1.20 | ||
| Mar 31, 2019 | $1.20 | ||
| Apr 7, 2019 | $1.20 | ||
| Apr 14, 2019 | $1.20 | ||
| Apr 21, 2019 | $1.20 | ||
| Apr 28, 2019 | $1.20 | ||
| May 5, 2019 | $1.20 | ||
| May 12, 2019 | $1.20 | ||
| May 19, 2019 | $1.20 | ||
| May 26, 2019 | $1.20 | ||
| Jun 2, 2019 | $1.20 | ||
| Jun 9, 2019 | $1.20 | ||
| Jun 16, 2019 | $1.20 | ||
| Jun 23, 2019 | $1.20 | ||
| Jun 30, 2019 | $1.20 | ||
| Jul 7, 2019 | $1.20 | ||
| Jul 14, 2019 | $1.20 | ||
| Jul 21, 2019 | $1.20 | ||
| Jul 28, 2019 | $1.20 | ||
| Aug 4, 2019 | $1.20 | ||
| Aug 11, 2019 | $1.20 | ||
| Aug 18, 2019 | $1.20 | ||
| Aug 25, 2019 | $1.20 | ||
| Sep 1, 2019 | $1.20 | ||
| Sep 8, 2019 | $1.20 | ||
| Sep 15, 2019 | $1.20 | ||
| Sep 22, 2019 | $1.20 | ||
| Sep 29, 2019 | $1.20 | ||
| Oct 6, 2019 | $1.20 | ||
| Oct 13, 2019 | $1.20 | ||
| Oct 20, 2019 | $1.20 | ||
| Oct 27, 2019 | $1.20 | ||
| Nov 3, 2019 | $1.20 | ||
| Nov 10, 2019 | $1.20 | ||
| Nov 17, 2019 | $1.20 | ||
| Nov 24, 2019 | $1.20 | ||
| Dec 1, 2019 | $1.20 | ||
| Dec 8, 2019 | $1.20 | ||
| Dec 15, 2019 | $1.20 | ||
| Dec 22, 2019 | $1.20 | ||
| Dec 29, 2019 | $1.20 | ||
| Jan 5, 2020 | $1.20 | ||
| Jan 12, 2020 | $1.20 | ||
| Jan 19, 2020 | $1.20 | ||
| Jan 26, 2020 | $1.20 | ||
| Feb 2, 2020 | $1.20 | ||
| Feb 9, 2020 | $1.20 | ||
| Feb 16, 2020 | $1.20 | ||
| Feb 23, 2020 | $1.20 | ||
| Mar 1, 2020 | $1.20 | ||
| Mar 8, 2020 | $1.20 | ||
| Mar 15, 2020 | $1.20 | ||
| Mar 22, 2020 | $1.20 | ||
| Mar 29, 2020 | $1.20 | ||
| Apr 5, 2020 | $1.20 | ||
| Apr 12, 2020 | $143.00 | ||
Ask Koffi a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.