Inventory for my provisions store

Kwabna Foster

Feyiase, Ghana

100% repaid

Entrepreneur

Name

Kwabna Foster

Member since

June 2016

On-time repayments

173 installments  •  39%

About Me

My name is Ohene Kwabena Foster and I come from Sunyani but i live at Feyiasi District of the Ashanti Region. We are five and I am the eldest. Just like any other village in Ghana, it is extremely hard to push yourself up through the unfavorable conditions and poverty in those areas but i was fortunate to make a headway. Three children for my parents was hard especially when we were growing up; three square meal a day and the money they made was not enough for the betterment of our lives. The only option left was for me to locate one of my aunties at Feyiasi. I left my parents at the age of fifteen (15) when i completed
my BECE exam to live with my auntie at Feyiasi, in the Ashanti Region of Ghana. Auntie Pomaa thought me a lot about life and good planning; how to
read books and how important education is. I can say that, today, it has really helped me a lot in overcoming many obstacles that some of my colleagues
do face. I am a very trustworthy person and i never comprise on trust in all my doings. I like to hang out with friends during leisure time or play video games
at times. The food i like best is fufu with palm-nut soup. My favorite sports is football/soccer

My Business

After school, it has been very hard finding job despite the many job search and applications that i have written. Due to that, my auntie gave me a little amount to start a provision store .This is the only way i have taken to keep myself going day in and day out. The good news is that, people love to take drinks and especially energy drinks so i make money on daily basis. Energy drinks enable people to gain the required strength they need to start their daily activities. Others take these soft drinks as a way to refresh themselves and keep themselves cool from the sunny days.
I buy them mostly in bulk from Kejetia in Kumasi, one of the big marketing areas in Ghana where most of the big stores are situated and bring it to my shop at Feyiasi. It is a very lucrative business because it has served me alot and i make a living with that. However, i need financial support to enable me make more sales to enable me continue extend a helping hand to my siblings who have just started second cycle school and enable me continue school as well. Age is really catching up with my sibling as such they do not have the energy to work like before. I would be please if Zidisha would enable me make that happen.
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Loan Proposal

I need a loan of about $95 to invest in my provision stall. I will need about $35 to retail bottled mineral water. $30 to buy energy drinks and the remaining $30 to buy different types of soft drinks like canned Malt and Coca-cola. This loan will help me make more sales. This products listed above are of very high demand and if i am given another opportunity with a second loan, I believe my business will step into a whole new level of progress. This money will enable me address my family's little problems and take care of things like school fees and other necessities of life. Thank you.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$99.00

Date disbursed

Feb 27, 2017

Repayment status

On Time

Projected term

3 months

Lenders

ads68

Melbourne, Australia

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

EB

Erika Barraza

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Kwabna Foster a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Agbenyega    Mar 5, 2021

    I called her and she said she is suffering from hardship but will pay soon and I encourage her to pay

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  • Diana    Feb 2, 2021

    Foster has promised to resume repayment soon

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  • Diana    Dec 31, 2020

    Foster reference told me that he will ask him to repay the said amount

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  • Christian    Nov 20, 2020

    I spoke with Kwabna Foster Ohene again, he complained bitterly of hardship he is going through now and promised that he is planning and would repay the loan.

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  • Christian    Oct 14, 2020

    I spoke with Kwabna Foster Ohene, he agreed to resume payment again

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  • Kwabna Foster    Sep 20, 2020

    My business almost collapsed but thank goodness I am back to repay my loan. Thank for your love and understanding

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  • Kwabna Foster    Sep 18, 2020

    My business was on the brink of collapse. I am happy to be back on track to settle this loan. Thanks for your love and your support

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  • Kwabna Foster    Mar 1, 2019

    I suffered some financial break down. By the help of a friend, I am now back to business. Thank you

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  • Kwabna Foster    Dec 30, 2018

    That is the amount I can pay for now

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  • Kwabna Foster    Nov 10, 2018

    Market is down

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  • Kwabna Foster    Sep 30, 2018

    Business is not flowing as smooth as it was due to the recent rains

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  • Kwabna Foster    Aug 8, 2018

    Business is not good. I cannot repay the huge amount at the moment. Thank you

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  • Kwabna Foster    Jun 10, 2018

    Business is a bit slow. I want to keep myself on the right path.

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  • Kwabna Foster    May 5, 2018

    I will change my installment amount after five days.

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  • Kwabna Foster    Apr 8, 2018

    I am going to buy assorted drinks to stock my provision shop with this loan. This will help me in expanding my shop and take proper care of my family. Thank you lenders for coming to my aid.

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  • Dustin Lape    Apr 4, 2018

    Kwabna Foster, thank you for your note of encouragement on the Forum. It is true - we want to help you! Even if one of us can only help you a little, together we can do a lot. I am sorry that this is only $1. It is all I have in my lending account now. When others pay back their loans, I will loan more to you!

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  • Kwabna Foster    Mar 14, 2018

    I have to thank my good lenders for the 6% contribution to my loan request. I really appreciate your good efforts.

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  • Akosua    Mar 11, 2018

    Dear lenders, can you please help my friend. He is doing a great job and I think he deserves your support. Thanks

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  • Kwabna Foster    Mar 8, 2018

    Six (6) more days left before my loan request expires.

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  • Kwabna Foster    Mar 8, 2018

    Working and hoping my dear lenders show me love and support one more time

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