To purchase more 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 apply for this loan to grow my charcoal business which I do by purchasing from producers to retailers, this loan if approved and funded by dear lenders will help me employ more employees and also meet to some extent the increasing demand of the retailers, I have on my mind to lend to others in the near future to also grow their businesses. I'm therefore appealing to dear lenders to come to my aid by funding this loan, I promise to pay on time as chosen to keep the trust and interest you have in me and my business ever since I became a Zidisha member. Thank you.

Income Source

When it comes to risk charcoal business is one commercial area that has almost a negligible risk, others even say is risk free because is one product that is not perishable and also retailers (buyers) are ready available anytime with money to buy.

My Videos

Mar 6, 2021: Introduction to my charcoal business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$114.73

Date disbursed

Oct 29, 2020

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $7.72

Credit risk payment: $6.20

Optional expediting fee: $7.72

Lenders

L

ldron7

Utah, United States

A

AlexCheng

Seattle, United States

cattlebaron

Pierre, SD, United States

Cloudways

Malta, Malta

D

danderson1953

Plainsboro, United States

P

pedromaster88

torra pallavicina, Italy

camilberlin

Berlin, Germany

B

BobHope

United States

sderickson

Berkeley, CA, United States

mepster

San Francisco, Ca, United States

S

Stephan

Netherlands

Dave Bogard

New York, United States

Pedro Lopez

United States

C

cota

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Prince a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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