Educational supply shop

Yaa Agyapong Agyeiwaa

Suhum, Ghana

100% repaid

Entrepreneur

Name

Yaa Agyapong Agyeiwaa

Member since

April 2016

On-time repayments

220 installments  •  90%

About Me

I was born and raised in okroase a small village in suhum in the eastern region of Ghana. After my secondary school education I was forced to learn a trade because my parents couldn't afford to take care of me through tetiary education. And this was how come i started my own business-INTERNET CAFE and educational supply with the help of friends. I started with five computers but with the help of zidisha I now have eight and still counting. I also have a photocopy machine and attached to it is a printer to print out for students. my shop is located near a school which is within commercial area in Suhum.
The unique culture in Suhum is the Odwira festival which is celebrated between October and November every year. My little daughter who wants to be a nurse or lawyer is counting on mummy for her dream to come true. I went to the kakum national park in Cape coast and it was really fun with my friends and daughter . I love watching movies and also a football fun.

My Business

I provide internet cafe services in addition to the stationary . My shop is situated near a school so the students are always photocopying their handouts, making research at the cafe and buying stationary from me as well.
I sell foolscap note books both the large and the small size, scientific and casio calculators, assorted pens,exercise books, permanent and temporal makers and mathematical sets. I do also sell story books for beginners. My services are very useful because the shop is situated near a school which help the students easy access in their education by doing research, buying their stationary from me and other learning materials. I chose this kind of business because cafe and stationary shops around that area are few and profitable as well. Through the profit earned I am saving towards my little girls education and also reinvest into my business by buying cartridges for the printer and the photocopy machine

Loan Proposal

I wish to apply for a loan to stock my shop with educational supply such as 400 pcs of foolscape note books which include the small and the big size. 50 boxes of Mathematical sets. The cost of one box is 30dollars, and the cost of one small size of teachers note book is 5 dollars and the price for one large foolscapercentage is 10dollars. Since admission for senior sec.sch.is in progress I also have plans of selling trunk,chop boxes and students matress as well. The cost of one trunk and chop box is 20dollars, I will buy 100 respectively. I also intend to buy 50 student matreess which cost 15dollars each. In addition to this is 20 rim of A4 sheets which one rim cost 10dollars, 10 boxes of assorted pens which one box cost 5 dollars. books for beginners, temporal and permanent makers

Feedback

4

None

None

  • David    Apr 27, 2020

    Once again, this was a long term, large value loan with excellent repayments. Originally scheduled to take twelve months to repay, the loan was paid off in less than ten months. I wish you and your business continued success.

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  • David    Jun 8, 2019

    Regular, weekly payments were made for eight months before a large payment finished the loan in under nine months. This is an impressive record given the higher value of the loan. Well done.

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  • melissapmeier    Feb 7, 2018

    I would be happy to lend to you again! Best wishes for your continued success!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,506.15

Date disbursed

Sep 21, 2018

Repayment status

On Time

Projected term

8 months

Cost to entrepreneur

Service fee: $44.69

Credit risk payment: $134.08

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