Expand supply of foodstuffs

Entrepreneur

About Me

My name is Edem Koku Addo and I was born to the Addo family in 1986 here in Accra. I attended Mamprobi JHS after which I went through a three-year auto mechanic course. On completion, I worked with IPMC (an IT company in Accra) as the driver to the Microsoft finance manager for four or five years later with the driver’s license number Addo-221086-01-01. From then, I decided to drive a commercial bus using the Aflao - Accra Road. Having a great passion for business, I decided to start buying local foodstuffs like tomatoes, peppers, etc. from the Volta region to be distributed to the local chop bars here in Accra.

My Business

At the moment, I am driving a commercial bus with registration number GG-3029-14 using the Aflao -Accra route. Whenever I travel, I make sure that I buy local foodstuff like tomatoes, peppers, etc. to supply to the local restaurants here in Accra (usually called chop bars). My supply is usually useful as my products are always fresh from the farm. I chose this foodstuff supply to help the restaurants have access to farm products and also to make profits as they are cheaper in the Volta region at the moment. The business can generate up to 18% of profits which helps me foot my siblings’ school fees and I reinvest the remaining profits in the business.

Loan Proposal

I will use the loan to fund the purchase of fresh agricultural produce (foodstuffs) to sell to restaurants, chop bars, hotels etc.
$ 300
The loan would create employment and provide profit for myself.
Profit could soar to 30 % of the initial loan.

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