Edem
Accra, Ghana
100% repaid
Name
Edem
Member since
August 2015
On-time repayments
49 installments • 80%
My name is Edem Koku Addo and I was born to the Addo family in 1986 here in Accra. I attended Mamprobi JHS after which I went through a three-year auto mechanic course. On completion, I worked with IPMC (an IT company in Accra) as the driver to the Microsoft finance manager for four or five years later with the driver’s license number Addo-221086-01-01. From then, I decided to drive a commercial bus using the Aflao - Accra Road. Having a great passion for business, I decided to start buying local foodstuffs like tomatoes, peppers, etc. from the Volta region to be distributed to the local chop bars here in Accra.
At the moment, I am driving a commercial bus with registration number GG-3029-14 using the Aflao -Accra route. Whenever I travel, I make sure that I buy local foodstuff like tomatoes, peppers, etc. to supply to the local restaurants here in Accra (usually called chop bars). My supply is usually useful as my products are always fresh from the farm. I chose this foodstuff supply to help the restaurants have access to farm products and also to make profits as they are cheaper in the Volta region at the moment. The business can generate up to 18% of profits which helps me foot my siblings’ school fees and I reinvest the remaining profits in the business.
With the help of the new loan I Will will continue with the supply of the Food stiffs like tomatoes Volta region to Accra whereby distributing them to the local chop bars and restaurants .and with this business I will earn about twenty percent of the amount invested and it will help me continue to take Care of my sibling and other responsibilities .
MY NAME IS EDEM KOKU ADDO BORN TO THE FAMILY ADDO FAMILY IN 1986 HERE IN ACCRA AND ATTENDED MAMPROBI JHS AND AFTER WHICH I WENT THROUGH A THREE YEAR AUTO MECHANIC CAUSE AND ON COMPLETION I WORKED WITH IPMC( AN I T COMPANY IN ACCRA ) AS THEIR THE DRIVER TO THE MICROSOFT FINANCE MANAGER FOR FOUR FIVE YEARS AND LATER WITH THE DRIVERS LICENCE NUMBER ADDO-221086-01-01 AND FROM FROM THEN I DECIDED TO DRIVE COMMERCIAL BUS USING AFLAO - ACCRA ROAD AND HAVING GREAT PASSION FOR BUSINESS I DECIDED TO START BUYING LOCAL FOODSTUFF LIKE TOMATOES , PEPPER ETC FROM VOLTA REGION TO BE DISTRIBUTED TO THE LOCAL CHOP BARS HERE IN ACCRA.
AT THE MOMENT AM DRIVING A COMMERCIAL BUS WITH REGISTRATION NUMBER GG-3029-14 USING AFLAO -ACCRA ROUTE AND WHENEVER I TRAVEL I MAKE SURE THAT I BUY LOCAL FOODSTUFF LIKE TOMATOES , PEPPER ETC TO SUPPLY TO THE LOCAL RESTAURANTS HERE IN ACCRA USUALLY CALLED CHOP BARS AND MY SUPPLY IS USUALLY USEFUL AS MY PRODUCTS ARE ALWAYS FRESH FROM THE FARM. I CHOOSED THIS FOOD STUFF SUPPLY TO HELP THE RESTAURANTS HAVE ACCESS TO FARM PRODUCTS AND ALSO MAKE PROFITS AS THEY ARE CHEAPER IN VOLTA REGION AT THE MOMENT THE BUSINESS CAN GENERATE UP TO 18% OF PROFITS WHICH HELPS FOOT MY SIBLING SCHOOL FEES AND RE INVEST THE REMAINING .
With the help of the new loan I Will will continue with the supply of the Food stiffs like tomatoes Volta region to Accra whereby distributing them to the local chop bars and restaurants .and with this business I will earn about twenty percent of the amount invested and it will help me continue to take Care of my sibling and other responsibilities .
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$309.00
Date disbursed
Oct 11, 2016
Repayment status
On Time
Projected term
3 months
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