Loan to expand my provision mini-store business

Godfred

Accra, Ghana

100% repaid

Entrepreneur

Name

Godfred

Member since

November 2016

On-time repayments

74 installments  •  72%

About Me

My name is Godfred Takyi. Am 23 years old boy and dark in complexion. I am 1.6 feet tall. I am single. I started my childhood education at the age of 3 years at Voice Of Deliverance school (Berekum). A young boy who was interested in Mathematics and Business started selling pens, exercise books and pencils at School at age of 8 years using my little pocket money. I started selling recharge cards after completing my Junior High School, even-though it was difficult combining school and little trade. My step-father who saw me as a little boy interested in marketing got me a kiosk. I sold soft drinks, biscuit etc (provisions) up till date. I live in a place where most of the people are very friendly and respect each others views and the environment is conducive for most businesses. I like reading a lot and playing games.

My Business

After years of hawking i was able to secure a kiosk from my step-father in my community to continue my business which i have operated for a year now. My dream is to operate a Super Market but as at now am running a provision store (kiosk) selling (soft drinks, bottle water and biscuit) in a small quantity. A lot of the customers always ask for other goods that i do not have although the business usually runs fast but the profit earned are used to purchase the same goods because it is in lesser amount. The loan will be used to purchase different types of goods and the other goods i do not have in a larger quantity. (upgrading)

Loan Proposal

The loan will be used to buy more goods in a larger quantity in order to expand the store. It will be used to buy soft drinks of about 2 dollars each, alcoholic drinking of about 4 dollars each, bottle water about 2 dollars and soaps, milk, biscuit of about 1.5 dollars. It will help me to earn more profit for expansion and also prevent customers from traveling far distance to get same goods

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$9.00

Date disbursed

Dec 9, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

PG

Paul Graham

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

A

Anonymous

United States

BN

Brian Neilon

United States

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

Loading...

Loading...

Loading...