Lydia
Dunkwa-on-offinso, Ghana
100% repaid
Name
Lydia
Member since
June 2015
On-time repayments
155 installments • 89%
i got the chance to complete JHS where i entered into apprenticing hair dressing which i graduated in 2007.
i got married and things changed where i relocated to my current place and as a result of it being a new site the patronization of my services was not encouraging so i turned the shop to selling something so demanded in this area, electrical appliances which as a result of the ongoing constructions is highly demanded
as a child i was interested in how to manage and try to make something that will please at least most people around.
i have grown to know this very well and have applied it in my own shop as to the level of stock that an inventory has to be made.
i did not get the chance to pursue education to the fullest and i am determine to help my children to and level of eduction they so wish
this i envisioned to making this business strongly established.
i sell all kinds of home electrical appliances from electric switches , bulbs, extension cables and the like.
Due to my location these goods are of high demand and as such the need to stocking my shop is necessary as it is some distance away to the next shop where such goods can be obtained
these items as light bulbs and switches are demanded on daily bases and costs as low as 3 cedis ~~$o.5 this makes the restocking of the shop on weekly bases.
as a form of investment where i determine the interest rate for myself i reinvest all accrued profit into the business as a form of building the capital base.
Like the past loans , i will use this loan amount to restock my shop with electrical supplies for my teaming customers as this will create a goodwill for them to come with the assurance that they will get all the want from my shop/
wiring cables, pipes and switches, bulbs and sockets just to mention few are what i deal in for the past years with your help as a shareholder.
customers come to me for their house wiring needs and over the years tend to rely on me for these supplies and therefore this loan is very vital as it will help getting my supplies on time.
this business over the years is dependent on your contributions and as such all interest accrued is reinvested into the business as a means to growing its capital base.
You have all played your part up to this time and this venture is once more here to solicit for your usual support to help it deliver.
I am glad to have your interest in helping grow this ventu
Positive
7
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$552.00
Date disbursed
Oct 31, 2018
Repayment status
On Time
Projected term
4 months
Other loans
Ask Lydia a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
David Mar 29, 2019
Mary Mar 25, 2019
Joshi Mar 25, 2019
Mary Oct 16, 2018
Loading...