Light bulbs, cable and wire for my electrical store
Patricia
Sunyani, Ghana
23% repaid
Entrepreneur
Name
Patricia
Member since
July 2016
On-time repayments
54 installments • 43%
About Me
My name is Patricia Asanti. I am 25 years old. I started my basic education at Holy Spirit Preparatory School in the Brong Ahafo region. I left that school when I was about to go to JHS. I later went to a school called Good New Baptist. It was there I completed my JHS education from Baptist with a good result. I moved. I had to go to a local technical school in my community due to financial problems. At the technical school, I took an electrical course to further my education. At the technical school, it was my wish to establish my own business but I had no capital. I then decided to work with a woman who owns an electrical shop. This helped me to gain some experience and I was able to accumulate some capital. I then started my own business but it was very difficult before I found Zidisha.
The unique thing about my culture and the land I stay on is that it's very peaceful for business. My children wish to establish in business. My hobby is exploring the internet for opportunities.
My Business
My shop is an electrical store. I sell electrical appliances like bulbs, cables, wires and extension boards, etc. These goods are very useful in my community because of the ongoing new construction. Many use these in their houses and also to complete their construction. I chose this kind of business because of the high demand of it in my community. With the establishment of this shop, consumers now have easy access to their wants at their doorsteps. The business cost me about 1000th cedis in starting up and my revenue now is a little more the 300 per half annum. I invest some of the profit I earn and,at the same time, assist my parents in paying my little brother's school fees. I also use some of the profit to pay my house rent.
Loan Proposal
When I receive this loan, I will buy 10 bulbs for my shop of which one cost $2, 100 cables at the cost off $20. I will also buy 100 wire at the cost of $50. This will help me serve my customers the way I want. It will create easy access to goods for my community members. There will be no need to travel long distances for these goods. I expect 20% increment of profit on this loan.
About Me
My name is ASANTI Patricia,am 25years old,i started my my basic education at holy spirit preparatory school in the brong ahafo region.I left that school when I was about to go to jhs .I latter went to a school called good New baptist.it was the I completed my jus education,form Baptist with a good result I moved I had to go to a local technical school in my community due to financial problems.at the technical school I took an electrical cause.father my education at the technical school,it was my wish to establish my own business but I had no capital.I then decided to work with a woman who owns an electrical shop.this helped me to gain some experience and I was able to accumulate some capital.I the starred my own business but was very difficult before I found zidisha.the unique thing about my culture and the land I stay on is that it's very peaceful for business.my children wish to establish in business.My hobby is exploring the internet for opportunities.
My Business
My shop is an electrical shop and sell electrical appliance.this good are normall used in our various house of which almost every house in my community uses the.they can get spoiled or damage and u will need to place them or repair them.so with this shop arround people come to buy the in case their own get spoiled.this business attracted my eyes because it makes me feel am helping my community to grow by making them have easy access to products.my total cost of starting this business was $330 and my revenue generated now is $78 per half a year.i used my earnings to pay my house rent,buy my basic need,pay my little sisters school fees.it has really help me to keep a happy home.
Loan Proposal
When i receive the loan i will buy electrical appliance for my shop.i will buy 40bulb of which the total forty bulbs will cost $40 this mean one bulb cost $1. i will also buy 10 cables,the total cable will cost $80 this mean one cable cost $8.more over i will buy 6 extension boards one extension board cost $6 and the total cost of the extension boards will be $36.i will be much greatful if my loan is fully funded.thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$159.00
Date disbursed
Mar 13, 2017
Repayment status
Late
Projected term
5 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$36.12
Amount remaining
$123.05
Expected completion
Aug 27, 2017
Status
Repaying late
Installment amount
$7.22
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 26, 2017 | $7.22 | Apr 2, 2017 | $7.22 |
| Apr 2, 2017 | $7.22 | Apr 2, 2017 | $7.22 |
| Apr 9, 2017 | $7.22 | Apr 27, 2017 | $7.22 |
| Apr 16, 2017 | $7.22 | Apr 27, 2017 | $7.22 |
| Apr 23, 2017 | $7.22 | Apr 27, 2017 | $7.22 |
| Apr 30, 2017 | $7.22 | ||
| May 7, 2017 | $7.22 | ||
| May 14, 2017 | $7.22 | ||
| May 21, 2017 | $7.22 | ||
| May 28, 2017 | $7.22 | ||
| Jun 4, 2017 | $7.22 | ||
| Jun 11, 2017 | $7.22 | ||
| Jun 18, 2017 | $7.22 | ||
| Jun 25, 2017 | $7.22 | ||
| Jul 2, 2017 | $7.22 | ||
| Jul 9, 2017 | $7.22 | ||
| Jul 16, 2017 | $7.22 | ||
| Jul 23, 2017 | $7.22 | ||
| Jul 30, 2017 | $7.22 | ||
| Aug 6, 2017 | $7.22 | ||
| Aug 13, 2017 | $7.22 | ||
| Aug 20, 2017 | $0.24 | ||
| Aug 27, 2017 | $7.22 | ||
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