Acquire more inventory to expand my stationery shop
Alfred
Wamfie, Ghana
100% repaid
Entrepreneur
Name
Alfred
Member since
February 2016
On-time repayments
224 installments • 72%
About Me
My name is Alfred Sangpour from Lawra in the Upper West region, Wa-Ghana. I am the first born of the family of four but with step siblings of seven.
I am someone with a very difficult childhood. My parents are peasant farmers so often times, school fees was a problem. By the grace of God and kindness of friends and relatives, I was able to make it to university and now am a teacher. I am married with one kid. I want to work hard in order to provide for my family and circles.
My Business
I wish to engage in mini importation alongside my teaching job. I financed the shop with personal savings and credit facility from a credit union I belong to. My turnover weekly is well over $350 with a profit margin of 35%.
I believe with extra capital injection, my revenue would greatly increase and return profit of over 50%.
I therefore counting on zidisha for this loan to establish and obtain increased profit to change my economic situation and to support my family and circles.
Loan Proposal
I need this loan amount to purchase more inventory to expand my shop. $50 would be used to buy exercise books (2500 pcs), the rest would be used to buy pens, pencils, mathematical sets etc. I am counting on zidisha.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Mar 10, 2016
Repayment status
On Time
Projected term
14 months
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