Loan to expand my clothing shop

Francis

Berekum, Ghana

41% repaid

Entrepreneur

Name

Francis

Member since

March 2016

On-time repayments

240 installments  •  45%

About Me

My name is Francis Agyei,i was born in berekum a town in the brong ahafo region of Ghana.Im from a family of five and the eldest among my siblings, I started Junior Secondary School at the same time as a second hand cloth seller I was able to sell second cloths which was then run by my father to save money for school and this really helped me in my education because i was able to buy test books which with my own money and sometimes used some in my feeding.Then after High School and i became a clothing seller . and establish my own joint stock business. There i sell all kinds of cloths like vest,t shirt,shorts,khakis,trousers and designers for people to buy for their occasions such as funerals,weddings and church.The food i like best is banku and okoro stew and my hobbies are watching football

My Business

After my secondary school education i started as a full time cloth seller of which i deal in different brands and kinds of cloth.Due to my first experience with my dad in his second hand cloth selling i was able to get more customers so i started delivery from door to door for my customers to buy.Due to my hardworking and determination i was able to save money to rent a store for my business.My store was located at a good place which attracts more customers including my previous once.I started buying cloths from kumasi to fill my shop for about two years and as the business expands i moved on to Accra,It is my dream to go outside Ghana to countries like china to buy cloth and with hard work and support from zidisha my goals will be achieved

Loan Proposal

Dear lenders i will use this my second loan to buy men sandals and shoes to my shop.I have relocate to a different place where people buy more items so with this i will get the expected income and get more profit.Thank you

Feedback

None

None

1

  • Day Family    Feb 23, 2019

    Unfortunately due to ongoing late repayment and no updates or payments in 1 year, we've had to use Receive Advance Repayment to get the loan money back to assist other lenders.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$559.00

Date disbursed

Sep 19, 2016

Repayment status

Late

Projected term

50 months

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Ask Francis a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Francis    Oct 4, 2016

    I want to reduce so that i can develop my shop well

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  • Francis    Sep 20, 2016

    Hello thank you very much for the loan i have receive the loan of 2,173 which was disbursed to me on the 19 th of september .With this loan i can purchase men footware and Slipers in addition to the cloth.Thank you

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  • Francis    Sep 17, 2016

    Hello my dear lenders thank you for funding this loan.with this loan i will buy men sandals and shoes in addition to the clothes im selling.I have moved to a better location because market was not all that good at where i was i know with this i can increase my profit as compared to where i was earlier.Thank you once again lenders

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  • Francis    Sep 10, 2016

    Hello my dear lenders,i really appreciate the first loan you gave me,i have now moved to a new shop so please help me found this second loan. Thank you

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  • Francis    Sep 10, 2016

    Hello my dear lenders thank you very much for the first loan,the loan has helped me a lot ,i was a ble to purchase men sandals with the loan but the problem im facing now is i have move to a different location now so please lenders help me raise this second loan to help me with my new shop.thank you

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  • Sara    Aug 29, 2016

    gud day Francis what is the state of loan disbursement in Ghana my invitees claim for two weeks now their loan has not been disbursed

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  • Sara    Aug 9, 2016

    please check the status of my accounts for me payment of 15 GHS was made on 8/08 but has not reflected

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    • Francis    Aug 18, 2016

      Hello sara sorry for the difficulties you are face.please do you have the transaction code given to you after the transfer.if yes the write to [email protected] for assistance,thank you

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  • Francis    Aug 6, 2016

    Hello lenders thanks very much for your support.I want to increase my payment due to improvement and increase in profit.this will also help me to apply for a second loan to expand my shop.thank you.

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  • Francis    Jul 15, 2016

    thank you zidisha for this opportunity ,with the loan my business is now improving.thank you

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  • Francis    Apr 16, 2016

    my dear lenders please permit me to reduce my payment due to slow in market and i promise to increase my payment as soon as possible .Thank you

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