Loan to buy a second freezer and expand my juice business

Setou Ouonogo

Banfora, Burkina Faso

100% repaid

Entrepreneur

Name

Setou Ouonogo

Member since

October 2013

On-time repayments

60 installments  •  62%

About Me

I am single without children and I was born in Banfora Chef in the province of Comoe in the Cascades region. I have been educated and I have the level of seventh grade. I did my schooling called Centre C. The youngest of a family of two members, I reside in Banfora for a long time. I have a bit of knowledge in IT for the moment as I count very soon to setting up in this domain for reinforcing my knowledge. I am also a member of the BATONON TI BAN association in the dioula language which signifies the interest of a mother who never finishes. I would like to therefore count on Zidisha for increase my activity in selling juice.

My Business

My activity consists in the first time to pay the materials that go into the manufacturing of juice like the sweet pea that grows well in the Cascades region, the jumbe jumbe. I have a refrigerator which permits me to store chilled. Juice, a ready time are sold in small containers and costs 100 francs, others are attachés in little bags cost 50 francs. It goes well for me especially in the periods of February, March, April or when it is hot at our place. If I benefit from your finances, I can associate with other products like yoghurt.

Loan Proposal

Thank you for the previous loan, which allowed me to earn higher profits of up to USD $300. My business is making juices such as sweet pea, which grows well in the Jumbe Jumbe waterfall area. I have a refrigerator that allows me to keep the juices fresh. The juices are sold in small cans for $1 and in sachets for $0.50. This business works well for me, especially during February, March and April when it is hot here. I am seeking a loan of $438. I will use $250 to buy a second freezer, and the rest will be used to allow me to offer yogurt and other juices such as orange and tamarind. Thank you.

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About Me

Je suis célibataire sans enfant et je suis née à Banfora Chef lieu de la province de la Comoe dans la région des Cascades. Jai été scolarisée et j’ai un niveau de la classe de 6me. J’ai fait l’école appelé Centre C. Benjamine d’une famille de deux membres, je réside a banfora depuis longtemps. Jai un peu une connaissance en informatique pour l’instant car je compte très prochainement faire une formation dans ce domaine pour renforcer ma connaissance. Je suis aussi membre de l’association dénommé BATONON TI BAN en langue dioula qui signifie que l’intérêt dune mère ne fini jamais. Je voudrais donc compter sur zidisha pour rehausser mon activité qui est la vente de jus.

My Business

Mon activité consiste dans un premier temps de payer les matières qui entrent dans la fabrication du jus comme le pois sucré qui pousse bien dans la région des cascades, le jumbe jumbe. J’ai un réfrigérateur qui me permet de conserver aux frais. Les Jus, une fois prêt sont vendu dans de petit bidons et coutent cent francs, d’autres sont attachés dans des petits sachets et coutent cinquante francs. Ça marche bien pour moi surtout en périodes de février, mars, avril ou il fait chaud chez nous. Si je bénéficie de votre financement je pourrais associe d’autres produits comme le yaourt.

Loan Proposal

Thank you for the previous loan because it allowed me to be able to make higher margins that can encrypt it for $ 300 USD today. As I meant earlier, my business is initially paying the materials used in the manufacture of juices such as sweet pea that grows well in the area waterfalls, the jumbe jumbe. I have a refrigerator that allows me to keep the costs. Juices, once the loan is sold in small bottles and cost $ 1 USD, others are tied in small bags and cost $ 0.5 USD. It works well for me especially during periods of February, March, April or it's hot here. I wish with Mount of $ 450 USD in order to pay a second freezer costing about $ 250 USD and the rest of the money will allow me to combine other types of juices such as "tamarind juice , orange juice and yogurt. "thank you

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Loan Info

Project Type

Classic Loan

Disbursed amount

$477.48

Date disbursed

Oct 8, 2014

Repayment status

On Time

Projected term

10 months

Cost to entrepreneur

Lender interest: $477.48 at 5.36% annual rate over 10 months = $21.47

Service fee: $16.87

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