A loan to buy frozen fish & meat for resale

Faustina

Seikwa, Ghana

100% repaid

Entrepreneur

Name

Faustina

Member since

September 2015

On-time repayments

161 installments  •  81%

About Me

I am Yeboah Faustina , about 39 years of age, a trader and married for about 17 years now .A native of Nasana near Seikwa i n Brong Ahafo region, Ghana. A Trader by profession , mother of four children( Three girls and a boy).
I am the second born of my parents .

I come from small community in the middle west part of Ghana. Most of the people of my community are farmers. The main items I sell are frozen fishes and meat. The business is located at seikwa.

Life has not been easy for me from infancy and I survive by trading . I started by buying farm produce on credit bases for resale.It was through this that I got my capital to start my own business. It was through the struggle that i got married. My husband is a cocoa farmer in the western region of Ghana. His cocoa are very young so he get little to support the family back home .

I therefore do this business to cater for our children and my parents who are now in their old ages and cannot do anything better to cater for themselves.

My elder child says he want to become a medical doctor in future, so I am struggling hard to help him achive that. It is my dream to get extra power source aside the national grid and also a very big cold room. So i will be happy to receive zidisha support.
Thanks.

My Business

I am a cold store operator(sale of frozen fishes and meat) in addition I sell food products like palm oil ,frying oil, tin tomatoes fried fishes and fresh vegetables(tomatoes,pepper,onion , and garden eggs). I sell the additional items on table top and in smaller quantities to my customers who buy for food preparations in their households.

The business is located in seikwa ,Tain Disrict,Ghana. The patronage of my items is very high and most of the people who buy are women who buy for family food preparation. I operate throughout the day but my busy hours are from 2:00pm(14hours GMT) to 5:30pm(17:30GMT) each day. My vision is to raise this business to the level that I can be making wholesaling to those who will like to buy in bulk for resale.

Currently unemployment is on the rise in my country and it is worrying trend to every concern citizen. My shop space is very small and I operate from two fridges and again I have no extra power source. So I will be grateful to get Zidisha loans support to enable me employ some of the unemployed boys and girls, make a big cold room to keep my items frozen always and to buy a power generator to power my shop in case of power cut(dumsor,dumsor as in local terms ) .Currently I have helper at my shop who is also happy and getting livelihood.

Zidisha is now blessing to me and my family as I almost depend on your loans for my business and family upkeep.
I pledge to obey all the rules and regulations of this institution.
Thank you.

Loan Proposal

I will like to take a loan to buy frozen fishes and meat for resale.Additionally I sell palm oil, fresh vegetables etc . I sell this item at seikwa in the Brong Ahafo Region of Ghana.The prices of my items ranges from 0.50 dollars upwards, my daily sales also ranges from 30 dollars and above.
This loan will help me to support my husband to finance our children education and also get extra money for the family daily needs. It will also help me support my aged parents.It is my dream to see poverty and unemployment reduce in my community.
Again getting this loan will help boost my monthly profit base by at least 10%(approximately 26 dollars) so I will be grateful to get this loan to help me achieve this dreams.
I am looking forward for your cooperation and promise to abide by all the rules and regulations of this noble institution.
Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Nov 4, 2015

Repayment status

On Time

Projected term

7 months

Lenders

ads68

Melbourne, Australia

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

mepster

San Francisco, Ca, United States

B

bscent

Hong Kong

Roy

Espoo, Finland

R

Rolands

Taichung, Taiwan

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Summary

Amount repaid

$193.75

Amount remaining

$0.00

Date repaid

May 30, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Nov 15, 2015 $4.50 Nov 15, 2015 $4.50
Nov 22, 2015 $5.00 Nov 22, 2015 $5.00
Nov 29, 2015 $5.00 Nov 29, 2015 $5.00
Dec 6, 2015 $5.00 Dec 6, 2015 $5.00
Dec 13, 2015 $5.00 Dec 18, 2015 $5.00
Dec 20, 2015 $5.00 Dec 19, 2015 $5.00
Dec 27, 2015 $5.00 Dec 27, 2015 $5.00
Jan 3, 2016 $5.00 Jan 3, 2016 $0.25
Jan 3, 2016 $4.75
Jan 10, 2016 $5.00 Jan 17, 2016 $5.00
Jan 17, 2016 $5.00 Jan 17, 2016 $5.00
Jan 24, 2016 $5.00 Jan 25, 2016 $5.00
Jan 31, 2016 $5.00 Jan 31, 2016 $5.00
Feb 7, 2016 $5.00 Feb 7, 2016 $5.00
Feb 14, 2016 $5.00 Feb 14, 2016 $5.00
Feb 21, 2016 $4.75 Feb 24, 2016 $4.75
Feb 28, 2016 $7.50 Mar 1, 2016 $7.50
Mar 6, 2016 $7.50 Mar 6, 2016 $7.50
Mar 13, 2016 $7.50 Mar 15, 2016 $7.50
Mar 20, 2016 $7.50 Mar 25, 2016 $7.50
Mar 27, 2016 $7.50 Mar 27, 2016 $7.50
Apr 3, 2016 $7.50 Apr 6, 2016 $7.50
Apr 10, 2016 $7.50 Apr 12, 2016 $7.50
Apr 17, 2016 $7.50 Apr 18, 2016 $7.50
Apr 24, 2016 $7.50 Apr 26, 2016 $7.50
May 1, 2016 $7.50 May 1, 2016 $7.50
May 8, 2016 $7.50 May 8, 2016 $7.50
May 15, 2016 $7.50 May 8, 2016 $7.50
May 22, 2016 $7.50 May 23, 2016 $7.50
May 29, 2016 $7.50 May 23, 2016 $7.50
Jun 5, 2016 $0.50 May 23, 2016 $0.50
Jun 12, 2016 $14.00 May 30, 2016 $14.00

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