Distributing sachets of clean drinking water
Akosua
Banda Nkwanta, B/a, Ghana
1% 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
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.
Now, one bag of sachet water for some brands costs some $1.50 while others cost $2.00 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 $1.50 and $200 to purchase the $2.00 ones. Both varieties are in equal demand in my community. In total, I will be getting up to about 300 bags of sachet water for sale and distribution. I will make a reasonable profit of about $120 on the invested $350.
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
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
$1.5 and others also cost $2.0 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
$1.5 and $200 to purchase the $2.00 ones.
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 make a reasonable profit of about $120 of the invested $350.
Feedback
Positive
5
Neutral
None
Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$420.00
Date disbursed
Feb 21, 2017
Repayment status
Late
Projected term
20 months
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Ask Akosua a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Janet Merrill Miller Apr 2, 2017
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