Acquisition of warehouse for imported goods
Asenath
Bolgatanga, Ghana
43% repaid
Entrepreneur
Name
Asenath
Member since
January 2016
On-time repayments
254 installments • 18%
About Me
Starting a mini importation business was dream until a friend introduced me to Zidisha. With Zidisha loan, I was able to start my importation business. After successfully paying the first loan, I was given a second one which I put into my business.
Total I can boast of my very own robust and fast growing business, Thanks to Zidisha lenders.
I am happy to state here that, I have again successfully paid off my second loan from the proceeds of items I sell.
It is my hope and prayer that God grants lenders the ability and power to fund my third loan.
My Business
My business is mini importation. Its buying products from China's largest retail online shops, ship them directly to Ghana and sell them at 2-3 times their cost price. The interesting thing is , when you sell the items at such prices, they are still seen in the eyes of customers as cheap even though you're also make more than 100% profit.
This third loan will enable me expand my business and make lots of profits to repay the loan and also set up a training formular to help young persons who are jobless
Loan Proposal
Had it not been Zidisha loan, my dreams of becoming a wholesale mini importer would have amounted to nothing.
My second accorded me the chance of buying my good in bulk and selling them to wholesalers.
If my current loan is approved, I would want to rent a warehouse where my imported goods could be stored for onward delivery to retail and wholesale customers.
Let me use this opportunity to thank all Lenders who have helped me and other ambitious young persons out there to achieve our dreams
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Loan Info
Project Type
Classic Loan
Disbursed amount
$423.00
Date disbursed
Oct 31, 2016
Repayment status
Late
Projected term
53 months
Other loans
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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