My name is Cyphas and a Ghanaian young and hard working man. i come from the central region of Ghana where coconut is grown very largely. I am a junior high school graduate. the truth is that i was not academically good whiles in school and i had learning difficulties from childhood but i have two younger brothers and a small girl( sister) and they are very brilliant with books.
As a results of the above situation, i had a problem with been punctual at school because i was most times laughed at. But in all these, i was good at sales. so i used to sell coconut on weekends at a nearby market. As a results, i learn all i could learn about coconut business.
The actual day came when i completed junior high school, my parents sat me down and talked to me about starting a full time coconut business and as a results they can concentrate on sending my junior siblings to school since they were more good with school. i did not decline, and they gave me some money which i started with.
over the years, i think that decision has been one of the best i have made as a young man. i make a lot of profit, and i help my parents to take care of my siblings too and at the end of the day we are all happy.
i hope to expand my coconut business, buy an additional wheel barrow and employ some people in the trade come the future. I am hardworking and i love successful people even if they are not celebrities but are content with the little they have done with their lives.
Lastly, i hated mathematics in school but not English and that was the subject they ridiculed me on. am grateful in advance for the help and support that you are about to extend to me. God richly bless you all
I sell coconut in my community to the thirsty public considering the heat of the scorching sun. So in short i am a coconut Business man ,a name they all call me in my community. it is funny but i love it.
As a results of the heat currently in Ghana and in my community, the people in my community most especially government workers and others do take in a lot of liquid and thus making the demand on coconut in hot afternoons very very high and it has some health benefits too.
I choose this kind of business because it was very easy to start and with a minimum credit amount. you can buy and sell, or sell and pay the owner of the coconut later and keep your small profit but it is always best to buy it and sell.
It has a high profit yield, when you invest say a $100, you make around a 55%-60% on the invested capital. Thus, a $100 can get me about 450 pieces which i can sell within some 12 days in good market days and seasons such as we have now and in 14 to 20 days in the rainy seasons.
I have a savings account with a local rural bank even though they will not give a loan to a coconut business man, i still save with them for my own good, i then help with the school needs of my siblings , i reinvest a small percentage and i live on the rest.
This loan when funded, it will help me a lot as it will set me on the road to own a wheel barrow and thus start a full time coconut business . To the people of my community, they will always have sweet coconut to quench their thirst, and also enjoy the heath benefits thereof.....
When and if my loan is fully funded, i will invest the entire amount into my business. i will buy close to 1000 Pieces of coconut with the entire $200.
When i sell them which will take less than two months, i expect to make a profit of not less than a $100 or more which is about 50% of the loan. this will help me to make the payments as expected of me.
i therefore expert an increase in profit margin with the introduction of this new aid from the lenders on Zidisha.
Quenching thirst, saving lifes( coconut business)
My name is Cyphas and a Ghanaian young and hard working man. i come from the central region of Ghana where coconut is grown very largely. I am a junior high school graduate. the truth is that i was not academically good whiles in school and i had learning difficulties from childhood but i have two younger brothers and a small girl( sister) and they are very brilliant with books.
As a results of the above situation, i had a problem with been punctual at school because i was most times laughed at. But in all these, i was good at sales. so i used to sell coconut on weekends at a nearby market. As a results, i learn all i could learn about coconut business.
The actual day came when i completed junior high school, my parents sat me down and talked to me about starting a full time coconut business and as a results they can concentrate on sending my junior siblings to school since they were more good with school. i did not decline, and they gave me some money which i started with.
over the years, i think that decision has been one of the best i have made as a young man. i make a lot of profit, and i help my parents to take care of my siblings too and at the end of the day we are all happy.
i hope to expand my coconut business, buy an additional wheel barrow and employ some people in the trade come the future. I am hardworking and i love successful people even if they are not celebrities but are content with the little they have done with their lives.
Lastly, i hated mathematics in school but not English and that was the subject they ridiculed me on. am grateful in advance for the help and support that you are about to extend to me. God richly bless you all
I sell coconut in my community to the thirsty public considering the heat of the scorching sun. So in short i am a coconut Business man ,a name they all call me in my community. it is funny but i love it.
As a results of the heat currently in Ghana and in my community, the people in my community most especially government workers and others do take in a lot of liquid and thus making the demand on coconut in hot afternoons very very high and it has some health benefits too.
I choose this kind of business because it was very easy to start and with a minimum credit amount. you can buy and sell, or sell and pay the owner of the coconut later and keep your small profit but it is always best to buy it and sell.
It has a high profit yield, when you invest say a $100, you make around a 55%-60% on the invested capital. Thus, a $100 can get me about 450 pieces which i can sell within some 12 days in good market days and seasons such as we have now and in 14 to 20 days in the rainy seasons.
I have a savings account with a local rural bank even though they will not give a loan to a coconut business man, i still save with them for my own good, i then help with the school needs of my siblings , i reinvest a small percentage and i live on the rest.
This loan when funded, it will help me a lot as it will set me on the road to own a wheel barrow and thus start a full time coconut business . To the people of my community, they will always have sweet coconut to quench their thirst, and also enjoy the heath benefits thereof.....
When and if my loan is fully funded, i will invest the entire amount into my business. i will buy close to 1000 Pieces of coconut with the entire $200.
When i sell them which will take less than two months, i expect to make a profit of not less than a $100 or more which is about 50% of the loan. this will help me to make the payments as expected of me.
i therefore expert an increase in profit margin with the introduction of this new aid from the lenders on Zidisha.