A loan of ghc 638 helps me to purchase bales of second hand

Johnson

Odorkoraccra, Ghana

16% repaid

Entrepreneur

Name

Johnson

Member since

December 2014

On-time repayments

131 installments  •  15%

About Me

Johnson Kweku 0fosu is my name. l live in Odorkor , a town in Accra-Ghana . l was born in Kumasi -Ghana. My parents are Mr and Mrs Ofosu.l like reading books,making new friends and dancing. My business located at Kantamanto . l have my small business . I Sell CLOTH and get an income from it.When l graduated from school. l search for job but unfortunately l could not find one so l decided to open my small business and by the grace of God l was able to do that..
I am married with a child. l used some of my profits to send my child to school and take care of my wife . l also save some for my business. l stated this small business because life was not easy for us and l want to take good care of my children and wife .

My Business

My business is selling clothing sales . l earn GHC 320 ($100) and sometimes when business is good l earn more than that. l believe if my loan is granted l will be able to rapay the loan.
My business is profitable because l have some good customers who prefer to buy from me and they also sell it to other peoples. .My price are cheap and customer do not want to travel long distance before they will get some of the cloth ..The main challenges is the lack of money to invest in the business so that l will increase my income and make more profit. l want to get Loan from zidisha so that l will invest in the business .If my loan is approve l will add the money to want l already have so that my income will increase.and take good care of my wife and provide better life for my children too..

Loan Proposal

I am going to buy a bale of second clothes using an amount of Ghc638and added to my existing one .This will increase my income, profit and take good care of my wife and children. Secondly, My business will grow ,reach more clients and be able to create jobs for others too. Now, bulk of cloth used cloth cost GHC 700 which is about $183,l will add the money the lenders will lends me to want l already have so that l will be able to buy bulk of used cloth..The demand is very high in the market . and l want to meet the demand of my customers that is why l want the lenders to support me to satisfy the demands of my customers. When have new clothes my customers will buy more clothes from me. l am requesting all the lenders to help me to achieve this dream. l will work hard so that l will be able to repay the loan my business is profitable and with this l will be able to repay my loans.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$170.00

Date disbursed

May 22, 2015

Repayment status

Late

Projected term

26 months

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John Meserve

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  • Johnson    Aug 24, 2015

    Hi lenders, Thank you very much for your loan funds. Now, business sales is very slow and l can't repay my weekly installment amount. I want to change it so l can repay less. I hope all the lenders will understand me. Thank you.

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  • Roy    Jul 11, 2015

    Johnson, How are you?

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    • Johnson    Aug 24, 2015

      Hi Roy, lam doing well just that sales are very slow nowadays but l plan to reschedule. Thank you very for writing me.
      Regards,
      Johnson

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      • Roy    Aug 24, 2015

        Johnson, the thing is you should reschedule before you are late with the payments....Doing it late, only damages your record, and may retrict future lending...that is make it more difficult....Do it as soon as possible.

        Good luck.

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  • Johnson    May 25, 2015

    l have got a loan amount of GHC from Zidisha and l am going to use it to buy a bale of used clothing for sale. Thanks to the lenders and Zidisha Team.

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  • Johnson    May 21, 2015

    l thank all the lenders very much for what you have done for me.l will used the loan to buy bulk of used clothing for sale.

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  • Johnson    May 18, 2015

    Hello Lenders, Thank you very much for funding part of my loan.my loan is about to expire in two days time and l write to ask you to come to my aid to assist me to raise the remaining so that l can keep my business growing.Thanks

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  • Johnson    May 7, 2015

    I would like to first thank lenders and Zidisha team for given me this chance to apply for my first loan.I added stock of second hand clothes for my business to sell to my clients.It has increase my income and l am able to provide the basic needs of my wife and children.Thank you very much and God bless you.

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  • Johnson    May 5, 2015

    I would like to thank lenders very much for funding my first loan. I used my first loan to purchase clothing in bulk and my income have increased by 20 %. Business is doing well and getting profit daily. With the small loan from Zidisha lenders my standard of living have been improved. May the Good lord continue to bless more so that you will continue to lend to ordinary people like us who if it had not been Zidisha loans we can not access loans from banks.

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  • Johnson    Apr 25, 2015

    Hi Lenders, l am still working hard to repay my loan on time . l am happy about what you have done for me. Thanks

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  • Johnson    Apr 15, 2015

    Dear Lenders, l am grateful for what you have done for me.l have seen improvement in my small clothing business.God bless you.

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