Loan for grocery business

Sarah Djaba

Tema, Ghana

100% repaid

Entrepreneur

Name

Sarah Djaba

Member since

February 2021

On-time repayments

46 installments  •  85%

About Me

My name is Sarah Djaba. 44 years old and a trader. I am a Ghanaian living in Tema, Greater Accra Region. I deal in assorted goods like food, drinks, toiletries, beverages and many others.
I need the loan to help me expand my business due to the fact that the demand for the goods is high and my capital is low to the demand.

My Business

I operate a retail grocery store with assorted goods like beverages, canned foods, diary foods, drinks, toiletries, bread and many others. It has been in existence for some years now and it is helping the community in which I live. It is a small scale retail store licensed, accredited, and also have met all necessary tax requirements to operate.

Loan Proposal

I always want to meet the demands of my community and also serve them better. I will use the loan to buy more stocks to fill up my shop. Food items like bread, drinks, beverages, dairy and non dairy products, mineral water,candies will be my focus when my loan is approved.
Thanks to my lenders and Zidisha team.

Income Source

As I sell more, I make more. I believe that the loan will help me increase my profit margin. The weekly savings l do will also help repay my loan when it is approved. I will also say that due to the nature of the business, it is a daily need. Therefore if I have more stocks, I can sell more to make more. And that will help me reply the loan faster.
Thanks.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$388.23

Date disbursed

Apr 18, 2021

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: $13.93

Credit risk payment: $41.78

Lenders

Brian

Midhurst, Canada

G

glosoli

Boston, United States

AltruisticSelfishnes

Chicago, United States

S

Simmo

Sydney, Australia

Honey

Sydney, Australia

S

soren

Göteborg, Sweden

ErikN

Stockholm, Sweden

F

Forba

Mo i Rana, Norway

T

Tallago3

Munich, Germany

AF

a f

washington, United States

C

chrisherron

Chicago, United States

B

blairan

Baltimore, United States

P

Pengetilafrika

Mårslet, Denmark

S

SlyDoh

Tomball, Tx, United States

G

glomardor

Leonardtown, United States

Jouni

Finland

Paul and Rachel

London, United Kingdom

Namaste250

Pittsford, United States

S

SabresFan

Oro Valley, United States

E

eboleaga

Mexico City, Mexico

nakamura

United States

G

glh25

Winooski, United States

nmatpt

Lisboa, Portugal

Patrick

Berlin, Germany

JTShorty

Gorham, Maine, United States

G

Goldrivermob

Gold River, Canada

Travis

Canada

S

Sclodfelter

Los Angeles, United States

C

Colmena

Chicago, United States

Hedwich

Gorssel, Netherlands

K

kingcamo1095

Mountain Home, United States

Atheist4good

United States

soniad

Dubai, United Arab Emirates

D

DelapierceD

New York, United States

ibc123

Seattle, United States

M

MatthiasM

München, Germany

B

Budgie81

Norwalk, United States

MrMichigander

Marquette, United States

R

richdullaghan

Encinitas, United States

T

thenwhen

United States

mepster

San Francisco, Ca, United States

chriseyre

Fremont, Ca, United States

R

RonEddy

United States

B

bscent

Hong Kong

Otto Barten

Amsterdam, Netherlands

C

Crainster

Chapel Hill, United States

Mike and Jacqui

United Kingdom

JL

Joao Leal

United Kingdom

E

Erich

Zurich, Switzerland

Jeroen Decock

Gent, Belgium

Dave Bogard

New York, United States

Roy

Espoo, Finland

SteveFylde

United Kingdom

R

Robert

Berlin, Germany

MW

Matt Willis

United States

W

Wade

United States

PC

Patrick Clavette

Hartford, Wisconsin, United States

Craig

Memphis, TN, United States

Richard

Shrewsbury, United Kingdom

moursund

Beaver Nation, United States

Kevin

San Francisco, United States

HS

Harry Shulman

United States

JC

JD Conley

United States

I

Ian

United Kingdom

Pedro Lopez

United States

MH

Matt Harris

United States

C

cota

United States

JD

Jeff DePree

United States

ME

Manaal Eisa

Washington DC, United States

IH

Ian Hearn

United States

TH

tom hd

United Kingdom

Martin Nielsen

Aarhus, Denmark

F

Frits

Rotterdam, Netherlands

Mark Grey

Redding, CT, United States

AH

ajay hampapur

United States

E

eriklonnroth

United Kingdom

Aran Dunlop

United States

Douglas St Quintin

Sydney, Australia

Carl D Patterson

United Kingdom

A

Andrei

United States

M

Marzl

Germany

Diego

Monza, Italy

Cliff

United States

M

mariamfula

United States

Rory McLaughlin

Dallas, United States

Thomas

Sweden, Sweden

T

Tom

United States

R

Rahima

United States

Stanislas L

London, United Kingdom

JC

Justin cohan

United States

K

Katka

St Albans, United Kingdom

N

Noah

United States

EthicalHost

Toronto, Canada

I

isaac

United Kingdom

RC

Rudi Chen

United States

SB

Sue Bucholz

Sacramento, United States

MB

Mark Blatter

United States

NG

Nick Gorrell

Surfers Paradise, Queensland, Australia

RH

Robert Hamner

United States

BR

Bob Reus

Netherlands

SA

Steve A

Newbury, United Kingdom

K

Klasi

Germany

Jes-c

United States

RG

Ravi Gadad

United States

Ren

Minneapolis/StPaul, United States

Shervin

San Francisco, United States

DO

Denis Ontiveros

Guildford, United Kingdom

Tim

Utrecht, Netherlands

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

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  • Joshi    Oct 19, 2022

    Sarah, hope you are doing well. Wish you all the best.

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  • Sarah Djaba    Jun 6, 2022

    I would like to pay my remaining loan balance in two installments to enable me recover my losses. I have been down a little due to family pressures. I am recovering now and business could take off any moment.

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  • Sarah Djaba    Apr 23, 2022

    I am facing a little financial issues last month and this month which is having an effect on my loan repayment schedule. I believe things will improve by month ending to be able to revert to normal plan..

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  • Sarah Djaba    Apr 16, 2022

    Business has still not picked up as promised. Therefore I am making arrangements to settle my loan in full by the end of April. This has happened due to some family issue beyond my control. So please give up to the end of April to complete my repayment. Thanks

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  • Sarah Djaba    Feb 23, 2022

    Business is still slow. I would like to do a little adjustment to my loan repayment for at least 5 weeks to help me restructure my business to move forward. This adjustment is necessary for me to stay in business.

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  • Sarah Djaba    Feb 15, 2022

    Market has been very slow during this quarter of the year and due to that sales also is a bit slow. I believe it will pickup very soon in the course of the year. I am trying everything possible to bring my business back to normal. By that I can revert to the normal repayment schedule.

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  • Sarah Djaba    Jan 28, 2022

    Sales is still picking up due to the slow down in business beginning this year. I believe it will pick up very very soon so I can revert to my initial pegging. We hope for a better market coming the following month.

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  • Sarah Djaba    Jan 14, 2022

    Business is now picking up after the Christmas festive season. Sales has drop for a while now and am just trying to break even. I believe sales will pick up in due time as am looking forward.

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  • Sarah Djaba    Jan 3, 2022

    This is to the fact that there is a slight drop in customers buying.

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  • Sarah Djaba    Nov 29, 2021

    I have received the loan. I'm grateful.
    Thank you my lenders.

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  • Sarah Djaba    Nov 28, 2021

    I am grateful for funding my loan my lenders and zidisha team. This will help me buy a few more stock in addition to what I have already. Part of the money will be used in purchasing a small deep freezer to stock my frozen foods. This will help in this festive season of Christmas.

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  • Josphat Karani    Nov 26, 2021

    wishing you the best

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  • Sarah Djaba    Nov 23, 2021

    I would like to say that, the loan my lenders gave me through zidisha team of experts has really helped me in my grocery business a lot. I have been able to do a little work on my shop. I am able to stock my shop with variety of food items and other products to meet the needs of my customers. As a result, I have a lot more to sell to make appreciable profit which has helped raise my family's standard of living. I'm grateful to you my lenders and zidisha team.

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  • Sarah Djaba    Nov 10, 2021

    With my current loan, I have made a tremendous improvement in my business by increasing my profit margin to about 5%. By my projections into the Christmas holidays, sales will increase which I need to stock more goods to meet my clients. My family is excited for the transformation in our lives. We will be able to have a good festive celebration season this year. Thanks to my lenders and Zidisha team for bringing joy to my family.

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  • Sarah Djaba    Sep 22, 2021

    I want say that with my current loan approval, am able to buy more goods with variety which meet the demands of my community. I have also made a little expansion on my shop for storage.
    I'm most grateful to you my lenders and zidisha team.

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  • Sarah Djaba    Aug 23, 2021

    I have received my loan and I am grateful to my lenders for funding my project.
    Thank you

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  • Sarah Djaba    Aug 21, 2021

    I am so grateful to you my lenders for fully funding my loan. This will help me take more stock and also renovate my shop for more storage.
    Thank you for making my project possible.

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  • Jan V    Aug 20, 2021

    Hi Sarah, I hope you get the money you need for your shop, all the best.
    Cheers Jan from Canada

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  • Sarah Djaba    Aug 15, 2021

    Thanks Joshi
    I'm grateful for your support and best wishes.

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  • Joshi    Aug 14, 2021

    Hello Sarah,
    Hope you get the loan and restock/renovate your shop. Keep up the regular updates. Wish you all the best.

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