Expansion of foodstuff business

Peace

Accra, Ghana

100% repaid

Entrepreneur

Name

Peace

Member since

April 2021

On-time repayments

2 installments  •  50%

About Me

My name is Peace Awagah. I am a mother of three.
I am a business woman who is very hardworking and dedicated.
I have a shop where I sell foodstuff.
I also distribute the foodstuff in large quantities to other retailers.
As a woman who has a vision to expand my business and become a very successful business woman, I am focused on this goal and discovering zidisha through my daughter I believe is a dream come true.

My Business

I have a big shop where I sell foodstuff as well as distribute to other shop owners and retailers in large quantities.
What i usually do is that, I allow my customers to pay installments.
I usually receive part payment before giving out the goods. Aside that, I receive payments weekly for installment.

Loan Proposal

I will use the loan to buy more goods to increase the quantity of goods I distribute to my customers.
That will make me generate more profit.
This is because when products are bought in large quantity, the cost is lower and that makes you make profit.

Income Source

I give my goods to customers who are very loyal with their payment.
Aside my distribution, I also sell foodstuff at my shop which is very lucrative area.
Payment of the money will not be an issue at all.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$61.00

Date disbursed

May 16, 2021

Repayment status

On Time

Projected term

1 week

Other loans

Lenders

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  • Richard    Aug 14, 2021

    Member was reachable but she told me candidly that times are really hard for her but will do her possible best to repay her outstanding loan.
    I used the opportunity to explain the need to adjust installment if business has slowed down.

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  • Richard    Jul 11, 2021

    Was able yo reach member , she promised to start payment today

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  • Richard    Jun 10, 2021

    I tried reaching client and references but could not get them , will try again.

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  • Peace    May 22, 2021

    Thank you

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  • Julian Michelsen    May 16, 2021

    You are welcome, I wish you the best!

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  • Peace    May 15, 2021

    Thank u Julian for the loan.

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