Expand business from electronic repairs to include the sale

Shadrack

Berekum, Ghana

100% repaid

Follow Shadrack How it Works

Entrepreneur

Name

Shadrack

Member since

February 2015

On-time repayments

55 installments  •  42%

About Me

I live in Berekum in the Brong Ahafo Region of Ghana. My House Number is MP/147, Berekum Mpatapo. My house is near at the Ahenfo Radio Station. Owusu Shadrack is my name and I am first born of my parents. I am married with 2 kids. I had my Secondary education at Sunyani Secondary School (SUSEC). My hobbies are; music, watching football match and movies.

My Business

I have my own repairing shop where I actually repairs Monitor, DVD/VCD player, Amplifier, Television, Radio and etc. Because, my community were not have any repairing shop by then. This business is very profitable and because of my good conduct, my work is bigger than me so I have employed three expert repairers who are working as permanent workers, and the shop also is very well known in Berekum Municipality. Now I need to sell the items mentioned above to enhance the effective electronics and support my business. Because as an expert repairer, some of my customers comes to me to buy them Rice cooker, Amplifier especially Television and CD player. So if I may sell those items, it will help me to get more profit and use to take care of my wife and children. Also I can pay this loan back from my profit I receive from my shop.

Loan Proposal

I wish to apply to Zidisha and Lender to come in my aid to purchase some electronics devices to sell them in shop because of high demanding. Because as an expert repairer, some of my customers comes to me to buy them Rice cooker, Amplifier especially Television and CD player. So if I may sell those items, it will help me to get more profit and use to take care of my wife and children. It will also increase my daily profit. Thank you.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$174.00

Date disbursed

Jun 13, 2015

Repayment status

On Time

Projected term

10 months

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  • Augustine    Apr 9, 2016

    Dear Lenders,

    Please, I contacted to Shadrack's and I asked him to make reschedule in order to pay his loan on time, he agreed with me to do so. But please, just now I again contacted to him and he said maybe he will not make reschedule but to pay it at once. Thank you.

    Augustine K. Ansah
    Volunteer Mentor

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    • Roy    Apr 14, 2016

      Augustine,
      Thank you for your efforts. All you can do is advise and help him. As you know, the decision is his.
      - Roy

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      • Augustine    Apr 24, 2016

        Dear Roy,

        Thanks so much for your good work at Zidisha. May God richly continue to bless you.

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  • Roy    Apr 9, 2016

    Hello Shadrack.
    I hope you are well....While you are late with your repayments, I notice that you have made some recently.... I also notice that you have not rescheduled....This is something you should do...If you need help with it contact Augustine, your VM.

    Good luck.

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  • Augustine    Feb 25, 2016

    Dear Lenders,

    Please, I got in touch with Shadrack today and he said, the business is running down a little bit, that's why he's not making on time payment. But he assured me to make payment very soon. Thanks.

    Augustine K. Ansah
    VM

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  • Augustine    Jan 22, 2016

    Dear Lenders,

    Please I contacted to Shadrack's and he said the repayment is already done, but that has not been credited to him yet. I hope it will definitely credited. Thank you.

    Augustine K. Ansah
    VM

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    • A

      andyfletcher    Feb 14, 2016

      Hello Augustine,
      Has there been any more news from Shadrack? We have not seen any payment yet.

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  • Augustine    Jan 9, 2016

    Dear Lenders, am so sorry for Shadrack's delaying of the loan, I contacted to him and he said the repayment would be resume on next week. Thank you for your patience.


    Augustine K. Ansah
    VM

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  • Shadrack    Sep 19, 2015

    Dear Lenders, I am so sorry for the delaying of my repayment. Please, I went to the funeral at my home town, and that made me delayed my repayment. Now I want to reduce my repayment in order for me to make correct repayment. Thank you for you understanding.

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  • Shadrack    Sep 19, 2015

    Dear Lenders, I am so sorry for the delaying of my repayment. Please, I went to the funeral at my home town, and that made me delayed my repayment. Now I want to reduce my repayment in order for me to make correct repayment. Thank you for you understanding.

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  • Augustine    Sep 7, 2015

    Dear Lenders, I optimistic Shadrack will resume his payment soon. Thanks for the patience you always always have.

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  • Augustine    Sep 1, 2015

    Dear Lenders, firstly, sorry for the delaying of Shadrack's loan repayment. Since he started to delaying his payment, I called his line while his sister always pick the call instead of Shadrack, So I asked her about his brother, and she replied that, he has gone to the funeral at Northern Region of Ghana. Yesterday, I received a call from Shadrack with the same line and while he was telling me that, he went to the funeral at Northern Region and the network also is not functioning there. That's why he left the phone at home. Please, Shadrack promised me that, he will make payment soon, and he very sorry for this issue. Thank you so much dear Lenders.

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  • Shadrack    Jun 12, 2015

    Thank you Zidish and Lenders.

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  • Shadrack    Jun 4, 2015

    Dear Lenders, thanks you so much, my business doing great by your support. Thank you. I hope you will help me once again. Thank you.

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  • Shadrack    Apr 17, 2015

    Thanks for funded my loan dear Lenders, may God bless you all.

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  • Shadrack    Apr 14, 2015

    Thanks dear Lenders, I have paid off my loan and I am here once again for another loan, I hope you will fund it to me as soon. Thank you once again.

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  • Shadrack    Feb 17, 2015

    Thank you Zidisha and Lenders, I am fully funded.

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  • Shadrack    Feb 16, 2015

    At work

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  • Shadrack    Feb 13, 2015

    Lenders of Zidisha, please, support me to fund this loan, please.

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