To purchase charcoal from producers to retailers

Prince Ofori

Techiman, Ghana

100% repaid

Entrepreneur

Name

Prince Ofori

Member since

October 2020

On-time repayments

29 installments  •  55%

About Me

My name is Prince Ofori from Ghana I am at the age of 31 years old from a family of four, I am single and a self employed entrepreneur into a micro enterprise, I ventured into entrepreneurship after both parents retired from their teaching jobs infact life became very unbearable , I started with a very small capital that could only purchase a handful of bags of charcoal but I never gave up and that bold step I took has helped myself and my family in so many ways and so I would be grateful if my dear lenders in Zidisha find trust and interest in business by lending me loans to increase my capital and profit base and to also venture into other areas so I can also lend to the needy in the near future. Thank you

My Business

The name of my business is appointed time trading enterprise, which consists of buying and selling charcoal from producers to retailers which was started three(3) years ago with a start up capital of eighteen thousand Ghana cedis. I must confirm is a very good business that has increased my profit base over the years, I would be grateful if lenders of Zidisha come to my aid by lending me money to increase my capital base in other to grow my charcoal business and to venture into other areas. Thank you

Loan Proposal

I would be grateful if my dear lenders and Zidisha as a whole would grant me a loan of 3,786 Ghana cedis to invest into my charcoal business to further increase my supplies to retailers. I promise to repay the loan on time, I hope my application will meet your kind consideration thank you.

Income Source

Charcoal as a product is non perishable secondly there are readily available retailers with money to purchase the charcoal product as soon as possible but should the unforseen happen I will enter my backup account to repay the loan

My Videos

Mar 6, 2021: Introduction to my charcoal business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$660.39

Date disbursed

Jan 7, 2021

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $23.93

Credit risk payment: $95.84

Optional expediting fee: $47.86

Lenders

C

cjmenchaca

Austin, United States

Bobrm2k3

Charleston, United States

P

Peter

Bratislava, Slovakia

Paul Buchheit

Mountain View, United States

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