To rent a garage for detergent production
Akpene
Takoradi, Ghana
$0 to go
100% funded of $474 goal
0
days left
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
i am very grateful to all lenders for my previous loan. thank you all very much. i will use this amount to rent a small garage for mixing and producing my detergent. the previous loan was very helpful as it helped me to raise my profit margin. now the next thing i want to do is rent a place for the production and move the production from my room. with the good demand and rapport i have with my clients i will make more sales and profit and pay back well within time. thank you once again.
Feedback
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$474.00
Date disbursed
Mar 8, 2014
Repayment status
Late
Projected term
21 months
Other loans
Lenders
South Africa
South Africa
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Summary
Amount repaid
$0.00
Amount remaining
$485.33
Expected completion
Dec 8, 2015
Status
Repaying late
Installment amount
$5.33
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 19, 2014 | $5.33 | ||
| Mar 26, 2014 | $5.33 | ||
| Apr 2, 2014 | $5.33 | ||
| Apr 9, 2014 | $5.33 | ||
| Apr 16, 2014 | $5.33 | ||
| Apr 23, 2014 | $5.33 | ||
| Apr 30, 2014 | $5.33 | ||
| May 7, 2014 | $5.33 | ||
| May 14, 2014 | $5.33 | ||
| May 21, 2014 | $5.33 | ||
| May 28, 2014 | $5.33 | ||
| Jun 4, 2014 | $5.33 | ||
| Jun 11, 2014 | $5.33 | ||
| Jun 18, 2014 | $5.33 | ||
| Jun 25, 2014 | $5.33 | ||
| Jul 2, 2014 | $5.33 | ||
| Jul 9, 2014 | $5.33 | ||
| Jul 16, 2014 | $5.33 | ||
| Jul 23, 2014 | $5.33 | ||
| Jul 30, 2014 | $5.33 | ||
| Aug 6, 2014 | $5.33 | ||
| Aug 13, 2014 | $5.33 | ||
| Aug 20, 2014 | $5.33 | ||
| Aug 27, 2014 | $5.33 | ||
| Sep 3, 2014 | $5.33 | ||
| Sep 10, 2014 | $5.33 | ||
| Sep 17, 2014 | $5.33 | ||
| Sep 24, 2014 | $5.33 | ||
| Oct 1, 2014 | $5.33 | ||
| Oct 8, 2014 | $5.33 | ||
| Oct 15, 2014 | $5.33 | ||
| Oct 22, 2014 | $5.33 | ||
| Oct 29, 2014 | $5.33 | ||
| Nov 4, 2014 | $5.33 | ||
| Nov 11, 2014 | $5.33 | ||
| Nov 18, 2014 | $5.33 | ||
| Nov 25, 2014 | $5.33 | ||
| Dec 2, 2014 | $5.33 | ||
| Dec 9, 2014 | $5.33 | ||
| Dec 16, 2014 | $5.33 | ||
| Dec 23, 2014 | $5.33 | ||
| Dec 30, 2014 | $5.33 | ||
| Jan 6, 2015 | $5.33 | ||
| Jan 13, 2015 | $5.33 | ||
| Jan 20, 2015 | $5.33 | ||
| Jan 27, 2015 | $5.33 | ||
| Feb 3, 2015 | $5.33 | ||
| Feb 10, 2015 | $5.33 | ||
| Feb 17, 2015 | $5.33 | ||
| Feb 24, 2015 | $5.33 | ||
| Mar 3, 2015 | $5.33 | ||
| Mar 11, 2015 | $5.33 | ||
| Mar 18, 2015 | $5.33 | ||
| Mar 25, 2015 | $5.33 | ||
| Apr 1, 2015 | $5.33 | ||
| Apr 8, 2015 | $5.33 | ||
| Apr 15, 2015 | $5.33 | ||
| Apr 22, 2015 | $5.33 | ||
| Apr 29, 2015 | $5.33 | ||
| May 6, 2015 | $5.33 | ||
| May 13, 2015 | $5.33 | ||
| May 20, 2015 | $5.33 | ||
| May 27, 2015 | $5.33 | ||
| Jun 3, 2015 | $5.33 | ||
| Jun 10, 2015 | $5.33 | ||
| Jun 17, 2015 | $5.33 | ||
| Jun 24, 2015 | $5.33 | ||
| Jul 1, 2015 | $5.33 | ||
| Jul 8, 2015 | $5.33 | ||
| Jul 15, 2015 | $5.33 | ||
| Jul 22, 2015 | $5.33 | ||
| Jul 29, 2015 | $5.33 | ||
| Aug 5, 2015 | $5.33 | ||
| Aug 12, 2015 | $5.33 | ||
| Aug 19, 2015 | $5.33 | ||
| Aug 26, 2015 | $5.33 | ||
| Sep 2, 2015 | $5.33 | ||
| Sep 9, 2015 | $5.33 | ||
| Sep 16, 2015 | $5.33 | ||
| Sep 23, 2015 | $5.33 | ||
| Sep 30, 2015 | $5.33 | ||
| Oct 7, 2015 | $5.33 | ||
| Oct 14, 2015 | $5.33 | ||
| Oct 21, 2015 | $5.33 | ||
| Oct 28, 2015 | $5.33 | ||
| Nov 3, 2015 | $5.33 | ||
| Nov 10, 2015 | $5.33 | ||
| Nov 17, 2015 | $5.33 | ||
| Nov 24, 2015 | $5.33 | ||
| Dec 1, 2015 | $5.33 | ||
| Dec 8, 2015 | $5.33 | ||
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