Buying sacks of rice to sell to my clients

Elizabeth Nyarko

Kumasi, Ghana

13% repaid

Entrepreneur

Name

Elizabeth Nyarko

Location

Kumasi, Ghana

On-time repayments

33 weekly installments  •  24%

About Me

My Name is Elizabeth Nyarko for Nobewam a village in Ashanti Rehion. I reside at Buokrom in kumasi near Cita Printinf Press. I am a divorced mother who is raising four children two girls and two boys on my own.
I learnt catering and have completed a vocational school but due to no support from my family I could established my own catering firm so I decided to venture into trading.
I am a very hardworking lady, dicisipline and active working hard to support my children so that one day they would grow up to become responsible in their endeavors life.
Honestly as my brother told me about this Zidisha I embrace with a goodheart and would be happy to expand to expand my trade due to Zidisha

My Business

I started started selling sachet water in 2018 of which I raised capital to start my salt business. Now I sell packs of salts to various homes in community. I buy bags of salt and sell the pieces in them to raise money for my business. Salt is consume in every home so I have find that opportunity to sell salt to my clients in their homes without them waiting their time to go to the market. this has help me build a good relationship with my clients who call on daily basis to purchase salt from me.

Loan Proposal

Its getting to. christmas and the demand of rice and salt is on the rise. I am taking this loan to purchase some Sacks of rice and sell to my clients who are demanding. This will enable me gain some profit and increase my revenue, I would use some of the profit I gain from these slaes to cater for my children to I can put a smirk on their face.

Income Source

I have been doing this business for long and I have cutomers who troop into my shop to buy salt and rice. I would use the profit I gain from the daily sales to pay.

Feedback

1

None

None

  • Sabrina    Feb 7, 2021

    Elizabeth paid her loan back even before it was due. I wish her good luck with her further projects

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Loan Info

Project Type

Classic Loan

Disbursed amount

$249.08

Date disbursed

Dec 13, 2020

Repayment status

Late

Projected term

6 months

Cost to entrepreneur

Service fee: 10% of $249.08 = $23.64

Credit risk payment: $23.64

Optional expediting fee: $23.64

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