Rice, cooking oil & sugar for grocery shop

Ernest Asare

Tema, Ghana

100% repaid

Entrepreneur

Name

Ernest Asare

Member since

March 2015

On-time repayments

153 installments  •  32%

About Me

I grew up in the Capital City of Ghana in a suburb called North Kaneshie. I attended Eton International School during my elementary years and then continued to Kaneshie Secondary Technical School, for my secondary education. I had the chance of working for some reputable organisations such as Guinness Ghana Limited and Unilever Ghana Limited for three years. I continued to the tertiary institution to further my education by studying marketing as a result of the exposure i had in working with Guinness Ghana Limited and Unilever Ghana Limited. With the knowledge and experience earned, i decided to use my marketing background to start my own business and to grow it gradually. By God's grace this dream is being realized.

My Business

I started a business in 2014. It is a provision shop where i sell things like cooking oil, eggs, wines, canned products, spices, honey, etc. I am seeking to expand it and eventually open up other branches in different locations. I decided to venture into this kind of business. I started this business with 10,000 Ghana Cedis. My daily revenue is 200 Ghana Cedis averagely. The profits earned is reinvested back into the business.

Loan Proposal

Adding these items to my stocks will greatly increase my earnings. My community is also a bit far from the market so such items come in handy to the people in my area.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$145.00

Date disbursed

Nov 2, 2017

Repayment status

On Time

Projected term

20 months

Lenders

Humble Bundle Community

San Francisco, United States

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  • Ernest Asare    Sep 5, 2018

    I just made a re-payment instalment after a long time due to the fact that I relocated from where I was staying. But I am now finally settled.

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  • Ernest Asare    Oct 27, 2017

    Happy with your help.

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  • Ernest Asare    Oct 27, 2017

    Thank you

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  • Ernest Asare    Feb 24, 2017

    I need to adjust my repayment for a short time.

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  • Ernest Asare    Feb 9, 2017

    i am very happy with you.

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  • Ernest Asare    Aug 5, 2015

    I am very grateful for the first loan disbursement that was given to me. It has helped me tremendously in adding more goods to my stock. It has also increased my earnings. My earnings is reinvested back into the business. I am most grateful. God bless you.

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  • Ernest Asare    May 28, 2015

    I am making a request for a reduction in the repayment schedule due to the fact that i urgently had to renew my rent advance for my housing accommodation for another two years in other to avoid ejection. Am am very thankful to my lenders for the funds they gave me. The investment i made with the money is yielding results. The items i purchased with the money to stock my shop is sold out. I have reinvested the money back into the business by buying more items to re-stock the shop.

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  • Ernest Asare    May 20, 2015

    Once again i would like to thank Zidisha for granting me access to my first loan. I bought some items to add to my stocks. I am happy to say that all those items have been bought. i have reinvested 100 percent of the money realized back into my business. Once again, thank you.

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  • Ernest Asare    Apr 8, 2015

    Dear Sir/Madam, I am writing to you in confirmation that i have received the loan i applied for. The total amount is Ghc 377. I bought some items in the market today to add to my stocks. Some of the items are cooking oil, crates of eggs, bags of rice, and sugar. I am very thankful for granting me the loan. I look forward to doing business with you for a long period of time.

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