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
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$420.00
Date disbursed
Feb 21, 2017
Repayment status
Late
Projected term
20 months
Other loans
Lenders
Munich, Germany
Pitten, Austria
United States
Denmark
Asheville, Nc, United States
Jake Gibson and Beverly Picardo
San Francisco, United States
St. John's, Canada
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Summary
Amount repaid
$4.82
Amount remaining
$421.16
Expected completion
Nov 11, 2018
Status
Repaying late
Installment amount
$4.82
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 5, 2017 | $4.82 | Feb 26, 2017 | $4.82 |
| Mar 12, 2017 | $4.82 | ||
| Mar 19, 2017 | $4.82 | ||
| Mar 26, 2017 | $4.82 | ||
| Apr 2, 2017 | $4.82 | ||
| Apr 9, 2017 | $4.82 | ||
| Apr 16, 2017 | $4.82 | ||
| Apr 23, 2017 | $4.82 | ||
| Apr 30, 2017 | $4.82 | ||
| May 7, 2017 | $4.82 | ||
| May 14, 2017 | $4.82 | ||
| May 21, 2017 | $4.82 | ||
| May 28, 2017 | $4.82 | ||
| Jun 4, 2017 | $4.82 | ||
| Jun 11, 2017 | $4.82 | ||
| Jun 18, 2017 | $4.82 | ||
| Jun 25, 2017 | $4.82 | ||
| Jul 2, 2017 | $4.82 | ||
| Jul 9, 2017 | $4.82 | ||
| Jul 16, 2017 | $4.82 | ||
| Jul 23, 2017 | $4.82 | ||
| Jul 30, 2017 | $4.82 | ||
| Aug 6, 2017 | $4.82 | ||
| Aug 13, 2017 | $4.82 | ||
| Aug 20, 2017 | $4.82 | ||
| Aug 27, 2017 | $4.82 | ||
| Sep 3, 2017 | $4.82 | ||
| Sep 10, 2017 | $4.82 | ||
| Sep 17, 2017 | $4.82 | ||
| Sep 24, 2017 | $4.82 | ||
| Oct 1, 2017 | $4.82 | ||
| Oct 8, 2017 | $4.82 | ||
| Oct 15, 2017 | $4.82 | ||
| Oct 22, 2017 | $4.82 | ||
| Oct 29, 2017 | $4.82 | ||
| Nov 5, 2017 | $4.82 | ||
| Nov 12, 2017 | $4.82 | ||
| Nov 19, 2017 | $4.82 | ||
| Nov 26, 2017 | $4.82 | ||
| Dec 3, 2017 | $4.82 | ||
| Dec 10, 2017 | $4.82 | ||
| Dec 17, 2017 | $4.82 | ||
| Dec 24, 2017 | $4.82 | ||
| Dec 31, 2017 | $4.82 | ||
| Jan 7, 2018 | $4.82 | ||
| Jan 14, 2018 | $4.82 | ||
| Jan 21, 2018 | $4.82 | ||
| Jan 28, 2018 | $4.82 | ||
| Feb 4, 2018 | $4.82 | ||
| Feb 11, 2018 | $4.82 | ||
| Feb 18, 2018 | $4.82 | ||
| Feb 25, 2018 | $4.82 | ||
| Mar 4, 2018 | $4.82 | ||
| Mar 11, 2018 | $4.82 | ||
| Mar 18, 2018 | $4.82 | ||
| Mar 25, 2018 | $4.82 | ||
| Apr 1, 2018 | $4.82 | ||
| Apr 8, 2018 | $4.82 | ||
| Apr 15, 2018 | $4.82 | ||
| Apr 22, 2018 | $4.82 | ||
| Apr 29, 2018 | $4.82 | ||
| May 6, 2018 | $4.82 | ||
| May 13, 2018 | $4.82 | ||
| May 20, 2018 | $4.82 | ||
| May 27, 2018 | $4.82 | ||
| Jun 3, 2018 | $4.82 | ||
| Jun 10, 2018 | $4.82 | ||
| Jun 17, 2018 | $4.82 | ||
| Jun 24, 2018 | $4.82 | ||
| Jul 1, 2018 | $4.82 | ||
| Jul 8, 2018 | $4.82 | ||
| Jul 15, 2018 | $4.82 | ||
| Jul 22, 2018 | $4.82 | ||
| Jul 29, 2018 | $4.82 | ||
| Aug 5, 2018 | $4.82 | ||
| Aug 12, 2018 | $4.82 | ||
| Aug 19, 2018 | $4.82 | ||
| Aug 26, 2018 | $4.82 | ||
| Sep 2, 2018 | $4.82 | ||
| Sep 9, 2018 | $4.82 | ||
| Sep 16, 2018 | $4.82 | ||
| Sep 23, 2018 | $4.82 | ||
| Sep 30, 2018 | $4.82 | ||
| Oct 7, 2018 | $4.82 | ||
| Oct 14, 2018 | $4.82 | ||
| Oct 21, 2018 | $4.82 | ||
| Oct 28, 2018 | $4.82 | ||
| Nov 4, 2018 | $4.82 | ||
| Nov 11, 2018 | $2.17 | ||
Janet Merrill Miller Apr 2, 2017
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