Expanding my business to raise money to pay my tuition

Martin

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Martin

Member since

March 2017

On-time repayments

134 installments  •  23%

About Me

My name is Martin Korsah. I live in a village with my parents and i am the first of my parent's seven children. I went to S.d.a primary and jhs. I was a brilliant student and passed all my exams but because of lack of money on the part of my parents, i sat in the house for years before entering senior high school. A good samaritan paid for my admission fees. I started looking for part - time job to get my needs catered for and this made me to nurse the ambition of being an entrepreneur. I immediately got into selling footwears to my colleagues to raise money for my basic needs and personal expenses. I am very hardworking and an intelligent student entrepreneur who engages in the sales of slippers and footwears to colleague students and all other peoples within my catchment area. I provide these services at very cool and cheap/ affordable prices to my customers to raise revenue to offset the cost of my education.

My Business

I started the business with my small savings because i realised i could be a drop out from school if i do not start something on my own to cater for my expenses because my parents were not forthcoming with the needed financial support. I sell slippers/footwears to colleagues, course-mates and others who are in need of the products and my services. I provide these goods at cool and cheaper prices to my course-mates and because the prices are moderate all manner of people patronise them irrespective of their financial strength.Real entrepreneurs believe in self confidence and the this yields success.

Loan Proposal

I need about 50 dollars to procure/buy more slippers to sell to generate more profit/revenue to do my business and repay the loan.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$3.00

Date disbursed

Mar 23, 2017

Repayment status

On Time

Projected term

2 months

Lenders

The Zinc Team

San Francisco, United States

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Summary

Amount repaid

$2.50

Amount remaining

$0.00

Date repaid

Mar 28, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 4, 2017 $0.23 Mar 28, 2017 $0.23
Apr 11, 2017 $0.23 Mar 28, 2017 $0.23
Apr 18, 2017 $0.23 Mar 28, 2017 $0.23
Apr 25, 2017 $0.23 Mar 28, 2017 $0.23
May 2, 2017 $0.23 Mar 28, 2017 $0.23
May 9, 2017 $0.23 Mar 28, 2017 $0.23
May 16, 2017 $0.23 Mar 28, 2017 $0.23
May 23, 2017 $0.23 Mar 28, 2017 $0.23
May 30, 2017 $0.23 Mar 28, 2017 $0.23
Jun 6, 2017 $0.23 Mar 28, 2017 $0.23
Jun 13, 2017 $0.23 Mar 28, 2017 $0.23

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