Emmanuel

Koforidua, Ghana

100% repaid

Entrepreneur

Name

Emmanuel

Member since

December 2013

On-time repayments

245 installments  •  87%

About Me

I am a trader, farmer and a social worker, working with Compassion for Humanity Foundation, an NGO helping my community and younger youths to learn a trade for their future. Currently, I have four children.

I sell foodstuffs and agro-chemicals and sell them only on market days in my village. I believe the support will help me to improve my small business and also earn more income. I live in Koforidua and run my project in a village called Adawso in Akuapem –North district. It is a small village with a population of 1,600. Tuesdays and Fridays are market days in my village, and farming employs 95% of the people. On these market days, all the farmers come to buy and sell their farm products. Selling agro–chemicals and other foodstuff sells faster and the earnings or profit is good: that is why I chose to trade in such a business.

Besides, I have also started a school for my community as well. Compassionate Kids School is the name of the school, where children within my community can have a better education for their future. For more information, www.compassion4humanity.com is my web site.

My Business

My business provides my village market with foodstuffs and ago-chemicals for the farmers. The demand for such goods is high and, every market day, goods almost get finished. This makes it more profitable. There are some risks the business faces, including the lack of capital to buy more goods. Every month it costs about $300 for goods. Sales revenue per month is also $450 and the profit in a month is $100, after paying off other expenses like transport. With this profit, when given the loan, I can pay even before the repayment date.

Also, I will use the loan to improve the school I run as well, so that later I pay back as we make some income.

Loan Proposal

The Loan will be used to buy more fertilizers, seeds to sell to the farmers on market days.Tuesdays and Fridays are market days. I believe each market day i will make good sales be able to pay weekly part of loan. Also it will help me to improve my business by now increasing my stock every week and make some more profits as well.This not only will improve my business but my life and support my family as well.

Show original English  

About Me

I am a trader, farmer and a social worker , working with compassion for Humanity foundation, an NGO helping my community and younger youth to learn a trade for their future. Currently, I have four children. I believe the supports will help me to improve my small business and also earn more income .I live in Koforidua and run my project in a village called Adawso in Akuapem –North district.
It is a small village with a population of 1,600; Tuesdays and Fridays are market days in my village. And farming employs 95% of the people and on these market days all the farmers comes to buy and sell their farm product. Selling agro –chemicals and other food staff sell faster and the earnings or profit is good, that is why I chose to trade in such business. Besides, I run a school and Youth Apprenticeship Program for my community .The educational programs is to help educate all children and providing youths with working/learning tools within to have a better education for their future.
For more Information: www.compassion4humanity.org is my web site.

My Business

My business provides my village market with food staff and ago-chemicals for the farmers. The demand for such goods is high and every Market days, goods almost get finished.This makes it more profitable. there are some risks, the business faces is the lack of capital to buy more goods.Every Month it cost about $300 for Goods,sales revenue a month is also $450 and the profit in a month is $100, after paying off other expenses like transport. With this profit, when given the Loan, i can pay even before repayment date.
The school and the apprenticeship program is a charity project to help the rural children get some education for a brighter future. The school does charge a small school fees to assist teachers and other running cost of the school. whiles Apprenticeship students also pay back their tools as loan.
In this application is to finish up our school building before the rain destroyed the already half build class room for the children.

Our web site: Www.compassion 4 Humanity. Org

Loan Proposal

The Loan will be used to buy more fertilizers, seeds to sell to the farmers on market days.Tuesdays and Fridays are market days. I believe each market day i will make good sales be able to pay weekly part of loan. Also it will help me to improve my business by now increasing my stock every week and make some more profits as well.This not only will improve my business but my life and support my family as well.

Feedback

15

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  • Helen Horseman    Oct 10, 2017

    Thank you for full repayment of your loan Emmanuel. Best wishes to you and your school .

    Log in to reply • Share
    • Emmanuel    May 28, 2018

      Hi , I am back again on Zidishia. Hope we have you on our side again.Thanks for leading.

      Log in to reply • Share
  • melissapmeier    Jul 2, 2017

    Best wishes to you for continued success with your school! I would be happy to lend to you again.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$49.00

Date disbursed

Dec 27, 2013

Repayment status

On Time

Projected term

4 weeks

Lenders

MindMuse

Talking Rock, United States

russell

leicester, United Kingdom

M

Mårten

Inden, Switzerland

A

anagnan

BRUXELLES, Belgium

C

cranejoad

cazenovia, United States

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