Buying stock of stationery and provisions to sell

Abukari

City, Ghana

8% paid forward

Entrepreneur

Name

Abukari

Member since

May 2016

On-time repayments

217 installments  •  75%

About Me

I was born in 1988 at Savelugu, Ghana. I studied at the Accra Polytechnic of Ghana between 2009 and 2012, where i was awarded a Diploma in Accounting.After my polytechnic graduation, i taught it wise to start business because i was sitting idle and i had to start with Ghc 400 and i went into stationary sales such as books and pens,the uniqueness of my culture is our candid welcoming of strangers where a person can even go hungry just to provide for a stranger,my children all will like to become people of value to society,i have gone through had time in life such as sleeping hungry and during this days my driving force was always no condition is permanent.

My Business

I deal in Stationery as indicated in the picture. I have a small stationery store. Student always use books in the vicinity in which I operate. schools are around where my stationary store is and there is constant demand for books. usually, I have about 300 to 700 books in stock which cost GHS 1200.00 and my stock increased because of the old facility granted me, my profit ranges from 350 to 550 Ghana cedis and it usually takes 6 weeks to dispose my stock of books in store. profit is ploughe back into the business . The store is located in savelugu.

Project Proposal

Funds will be used to buy Crayons (Ghc300), Exercise books(Ghc920),Pens(Gh120),Pencil(Ghc100).That is how i will use my funds.

Feedback

None

None

None

Project Info

Project Type

Pay It Forward

Disbursed amount

$223.00

Date disbursed

May 8, 2022

Backers

Aran Dunlop

United States

Emmanuel

Mindolo Miseshi, Zambia

Maria

Jakarta, Indonesia

MC

Mike Cormack

Vancouver, Canada

C

Carrie

United States

CG

Chris Greene

Birmingham, AL, United States

EP

Erase Poverty

United States

John

Kumasi, Ghana

Esther

Kumasi, Ghana

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  • Abukari    Nov 5, 2023

    Sales gone bad and we are not making enough profit again that is why

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  • Abukari    Jun 23, 2023

    Business is not good,sales always dropping profit going down and is just not going well.

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  • Abukari    Jun 30, 2022

    Facing business setbacks,will recover soon.

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  • Abukari    May 6, 2022

    This will help boost my business as it help increase my inventory,am grateful to all who helped fund this loan,am most grateful to u all.

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  • Abukari    Apr 29, 2022

    Loan completed really helped me do well in my personal life and i thank all lenders for the support.

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  • Abukari    Dec 10, 2021

    Money received(Ghc1,247), thanks so much to my lenders for supporting me.am grateful.

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  • Abukari    Dec 4, 2021

    Am grateful to all those who have funded my project ,i will buy 10 boxes of pencils (Ghc235)and 10 boxes of pens(Ghc305),5 boxes of books(Ghc310),Milo(Ghc200).Once again thanks so so much to my funders(Ren)for making my project possible.

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  • Nwobodo    Dec 4, 2021

    Am happy seeing you grow in your Business

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  • Ren    Dec 3, 2021

    Abukari - If your loan doesn't fund, I encourage you to try again - sometimes this happens when there are so many good loans on Zidisha. Good luck!

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  • Abukari    Nov 20, 2021

    My loan I just paid off has help me a lot as it has made me be able to add provisions to my stationary business and it's boost in my business has made payment of my wards school fees easier

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  • Abukari    May 4, 2021

    Low sales

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  • Collins    Apr 25, 2021

    Payment will start soon

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  • Abukari    Mar 30, 2021

    Sales is still down

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  • Collins    Mar 21, 2021

    Sadat still complains about slowness in business but will pay off soon

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  • Collins    Feb 18, 2021

    Business sales are slow and he promised to start payment soon

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  • Abukari    Feb 4, 2021

    Sales very slow

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  • Abukari    Jan 5, 2021

    Sales down

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  • Marfo    Dec 31, 2020

    I have called Sadat and he promise to pay because he said he is aware and pay latter

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  • Abukari    Nov 15, 2020

    Sales Drastically reducing

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  • Abukari    Oct 8, 2020

    Sales Slowering

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