Inventory of sachet water for sale
Akosua
Banda Nkwanta, B/a, Ghana
100% repaid
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
if my loan is funded as i am hopping , i will use the entire to buy many bags of sachet water for sale . a $100 can get me about 80 to 100 bags of sachet water. and then after the sale of these bags, i will make more than $50 as profit which will allow me to repay my loan on time and the rest will go back into my business . this loan will help me grow my water business and also make drinking water readily available to all those in need of clean water in my community.
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.
Loan Proposal
if my loan is funded as i am hopping , i will use the entire to buy many bags of sachet water for sale . a $100 can get me about 80 to 100 bags of sachet water. and then after the sale of these bags, i will make more than $50 as profit which will allow me to repay my loan on time and the rest will go back into my business . this loan will help me grow my water business and also make drinking water readily available to all those in need of clean water in my community.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 19, 2015
Repayment status
On Time
Projected term
7 weeks
Other loans
Lenders
Bangkok, Thailand
Arlington, United States
United States
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Summary
Amount repaid
$108.00
Amount remaining
$0.00
Date repaid
Mar 14, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 1, 2015 | $17.67 | Feb 1, 2015 | $17.67 |
| Feb 8, 2015 | $17.67 | Feb 8, 2015 | $17.67 |
| Feb 15, 2015 | $17.67 | Feb 16, 2015 | $17.67 |
| Feb 22, 2015 | $11.67 | Feb 23, 2015 | $10.00 |
| Feb 25, 2015 | $1.67 | ||
| Mar 1, 2015 | $11.67 | Mar 3, 2015 | $11.67 |
| Mar 8, 2015 | $11.67 | Mar 9, 2015 | $11.67 |
| Mar 15, 2015 | $20.00 | Mar 14, 2015 | $20.00 |
Janet Merrill Miller Apr 2, 2017
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