Entrepreneur
Name
Akpene
Member since
January 2014
On-time repayments
97 installments • 6%
About Me
I am a young, vibrant and energetic young lady from Ghana. i am hardworking and very inventive. I plan to become the owner of a large retail business in the near future. I am the first of 4 children. My parents are both retired teachers and they live in Hohoe, Volta Region. I live in takoradi with my younger siblings. The youngest is a girl and is still in Senior High School in fijai. The other 2 boys help me in my detergent supply business. I have a diploma in business Administration from the polytechnic. I started this business because of how hard it is to get a job in Ghana and also to be able to support my little sister in school and also fend for the rest of my siblings.
My Business
I run a detergent supply business. I buy dilute concentrated detergent and mix into various fragrances and supply to hospitals and restaurants in my area. I operate from home and supply using public transport. I started by borrowing some money from a local microfinance company. I paid everything within 3 months and made profit. I spend about $400 every month to buy gallons of detergent. When i mix and resell, i make 30-50% profit. i.e. $150. The market for this business is good because unlike other sellers i supply directly to the doorstep of the hospitals and restaurants. This i believe gives me an edge over others who wait for buyers to come to their shops. Also i have over 10 different fragrance mixtures i develop myself. I want to grow this business and expand into other areas. I want to reach more people and to do this i will purchase a small van and also rent a small garage and move the business there. I look forward to much support from Zidisha to achieve my aim.
Loan Proposal
there is a lot of room for growth in the detergent supply business in takoradi, ghana. there is enough demand too. to meet this demand, i will buy more dilute concentrate liqiud detergent and increase my production of mixed fragrant detergent for supply to more hospitals and restaurants. this will boost my sales and increase my profit. this will go a long way to help support my little sister in school and other siblings and eventually help realise my dream of renting a garage as my work place and buying a van for suppy in future.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jan 19, 2014
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
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