Distributing sachets of clean drinking water

Akosua

Banda Nkwanta, B/a, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Akosua

Member since

January 2015

On-time repayments

187 installments • 41%

About Me

My name is Akosua Mansah. I am a Ghanaian. I was raised among all boys except my mom. I thus had a little formal education but not much. I at least had one that allows me to read and write. I basically did not continue my education due to financial difficulties on the side of my parents.
But it was my choice that I became a trader since I am naturally good at that. I started selling sachet water on the high streets of Bandah and later graduated to selling it on a retail basis. Bandah Nkwantah is a very busy place with diversity of people due to the commercial activities.

My Business

I sell or deal in sachet water but on a large scale. I buy about a hundred bags of sachet water with a hundred dollars. After sales, I will make 50% to 70% percent profit on the amount of money invested. I invest back into my business and live also on a percentage of it. I challenge myself every day with my business bearing in mind that hard work is what will produce the needed profits and sales. So I work from dawn to dusk.

Loan Proposal

i sell what we locally call pure water which is
actually sachet water. if my loan is funded in
full, i will use the entire amount to purchase
bags of sachet water for sale. however, with
the injection of this capital, some people can
also come and purchase on small scale for
resale.
As at now, one bag of sachet water cost some
$2.5 and others also cost $5.00 depending
on which one customers demand the most
due to branding and quality. so i will use
$150 to purchase the one that one bag cost
$2.5 and then the remaining $150 will be
used to purchase the one that a bag cost
$4.00.
both varieties are in equal demand in my
community. so in total, i will be getting up to
about 300 bags of sachet water for sale and
distribution.
i will be so happy that the people of my
community will have clean and treated
affordable drinking water to consume just
through my little effort to expand my
business. Then to myself, my profit margin
will shoot up and that i will be making a
profit of more than 40% of the invested $300.
Then also everyday i will work so for sure , i
will be able to repay the loan in full in the
appointed time and date and as scheduled

Show original English

About Me

My name is Akosua Mansah. I am a Ghanaian. I was raised among all boys except my mom. I thus had a little formal education but not much. At least one that allows me to read and write. I basically did not continue my education due to financial difficulties on the side of my parents.
But it was my choice that i became a Trader since i am naturally good at that than intellectually. I started selling sachet water on the high streets of Bandah and later graduated to selling it on retail basis. Bandah Nkwantah is a very busy place with diversity of people due to the commercial activities.

My Business

i sell or deal in sachet water but on a large scale.I buy about hundred Bags of sachet water with a hundred Dollars. and after sales, i will make 50% to 70% percent profit on the amount of money invested. i invest the rest back into my business and live also on a percentage of it. I challenge myself everyday on with my business bearing in mind that hardwork is what will produce the need profits and sales. So i work from dawn to dusk.