Supplying Clean Water To My Community

Jude

Odumase Krobo, Ghana

100% repaid

Entrepreneur

Name

Jude

Member since

May 2014

On-time repayments

151 installments  •  63%

About Me

Jude Teye Angmor is my name. I leave in Odumase Krobo but i currently recide in Accra. I have a family of Four of which i am the first born. I am also a student of University of Ghana in Level 200. My town, Odumase Krobo face drinking water challenges and as visionary Ghanaian, I have decided to start a pure water business by selling a bag of pure water to community members through the help of zidisha loans. Also my house is located almost near to towns market. With this, selling and the distribution of the bag of pure water will be fast and also generate more income for my self and Zidisha.
This business will help to save my community from their water problems.
thank you.

My Business

BAG OF PURE WATER BUSINESS.
I am into a pure water selling business of which earn income every week. It is a good business because of the community i leave in . This is due to the fact that, my community faces water challenges. The selling of the pure water business is very demanding but i have decide to extend my business by selling and distributing bags of pure water to the whole community. This will earn a lot of income.
And as visionary Ghanaian, i have decide to seek for loan from this noble company,ZIDISHA to expand my business. The loan will definately help my business to grow and also get more income to repay my lenders on time. This will go a long way to help me and the Zidisha company.
Thank you.

Loan Proposal

When i get this loan, it will assist me to improve my business. This is due to the fact that, water packaged in bags (water sachets) business is a very profitable business when done properly and well. The cost of the average size water sachets 250ml -375ml is almost USD 0.07 which is GHS 0.20 (20 pesewas). A bag contains 30 sachets of purewater which cost USD 2.10 which is 6.30 in Ghana cedis. In a day, i work hard to sale more than 30 - 50 bags to my communities which generate income ranging from USD30 to USD 105 per day. I normally make a profit of almost USD 0.70 on each bagged water or packaged of water. This is a very good markup with over 100% of profit margin and is most successful when in bulk to make a good profit. In my community, there is high demand of safe drinking water and bagged water is the best solution to provide safe drinking water at an affordable price. My community has a population of over 20000 - 30000 people of which 80% -90% lack safe drinking water. The bagged water do contains smaller water as compare to the bottled water, so people who lack safe drinking water buy more bags. This is because, the cost is low. Not only this, i have also decided to expand my business by the help of ZIDISHA loan to help other communities in Ghana that lack safe drinking water. This will earn alot of income to pay ZIDISHA and my CARING LENDERS on time.
THANK YOU.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,105.00

Date disbursed

Sep 14, 2015

Repayment status

On Time

Projected term

28 months

Lenders

nicole

Worcester, Ma, United States

Hope2012

United Kingdom

WormaldTSG

Rydalmere, Australia

southcentral

Zürich, Switzerland

P

PHU99

Zwingenberg, Germany

Bobrm2k3

Charleston, United States

bconrad

Seattle, United States

Thilo

Germany

Hedwich

Gorssel, Netherlands

O

ocnis

Seattle, United States

H

howard

Vence, France

Evan Lamos

Brussels, Belgium

G

GoughGirl

Washington, Dc, United States

Gringotts

United States

R

RJonR

United States

Paul Buchheit

Mountain View, United States

S

sjoerd

Netherlands

D

DaveElliott

United Kingdom

JA

Jorge Alagon

Munich, Germany

Leonardia

Waddinxveen, Netherlands

Laparo

Dusseldorf, Germany

S

StefanB

Stockholm, Sweden

SuperMario28

Cudahy, United States

KieranB

Ireland

J

johnrmeier

United States

T

TINCS

Belgium

melissapmeier

United States

jennysommer85

United States

M

mbarbier

United States

ZH

zoe henley

United Kingdom

UN

Uwe Neumann

Frankfurt Germany, Denmark

FATman

Frankfurt, Germany

MW

Matt Willis

United States

Laurie

United States

DT

David Taylor

United Kingdom

D

Dinu

Switzerland

RW

Roger Wang

United States

AS

Asa Svensson

Stockholm, Sweden

IH

Ian Hearn

United States

Akirahugo

Dortmund, Germany

SH

susan hirsch

United States

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