Buying story books to sell

Kofi Oppong

Offinso, Ghana

Funds disbursed

$0 to go

100% funded of $59 goal

0

days left

Entrepreneur

Name

Kofi Oppong

Member since

May 2021

On-time repayments

2 installments  •  50%

About Me

My name is Kofi Oppong a resident of Offinso. My home town is Nsawam and I am married with four children. I grew up with both parents who were then cocoa farmers at that time but lost them due to sickness and age. I was able to complete A-level and started trading in eduactional materials that I survive on now. Back at school I used to play football.

My Business

I have a store where I sell educational materials like textbooks, pens, pencils , markers to the society as a while. I buy from wholesale and retail to raise profit. This business is very supportive because that is what I have doin fo the past 18 years to cater for myself and the family. I always save some of the profit and use the rest for other business related expenses.

Loan Proposal

I am applying for this loan to help me stock up story books in my shop. Now its very encouraging how children patronize various books since schools reopens in Ghana, And with the help of Zidisha and my lenders i am gradually selling story books to children's in various schools for sale. even though i don't earn much profit but its my desire to serve these children with various story books.

Income Source

I would pay the loan from the profit i gather from the selling of story books to various school children along the week, i would also make sure to pay on time.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$59.19

Date disbursed

May 29, 2021

Repayment status

Late

Projected term

1 week

Cost to entrepreneur

Service fee: $2.03

Credit risk payment: $8.48

Optional expediting fee: $4.18

Other loans

Lenders

A

Anonymous

United States

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