Expansion of cosmetics shop

Benjamin

Nkoranza, Ghana

50% paid forward

Entrepreneur

Name

Benjamin

Member since

April 2020

On-time repayments

114 installments  •  99%

About Me

Benjamin Kwabena Agyei is my name. I come from Nkoranza, in the Bono East region of Ghana. I started my Early Childhood Education at Atebubu st. Patrick R/C Basic School . After completing Basic School, I gain admission at Obuasi Senior High/Technical School and I was offered technical as my program with Building Construction option, due to hard work I was awarded Ghana Government scholarship, I completed successfully in 2001 and I continued my Post Secondary Education at Mampong Technical Teachers college. I studied Technical education and I was awarded teachers certificate "A". I taught for three years and left the teaching job for further studies at the University of education winneba Ghana and I graduated with second class upper division. I came back to teach at Nkoranza Senior high Technical school. I was enrolled at Kwame Nkrumah University of science and technology Ghana to study for masters degree (Msc.) In technology management and entrepreneurship in 2018 and have successfully graduated.
My dream is to become University lecturer, a renowned entrepreneur and a phalantropist targeting the homeless peoples. So I am planning to start PhD soon,I am married with three children all males.

My Business

I have started a cosmetics business,paultry farming pigery and other livestock production. The cosmetic store is in full operation and my paultry business is also in incubation period since the birds are now growing, I plan to add hair products and toiletries to the cosmetic store but I am limited with finance. I don't want to put "all my eggs in one basket", I was told is not good practice as entrepreneur so I want to diversify my business by adding different products to the stock. If I am able to get higher loan amount from lenders i will use it to stock the cosmetic store with hair products thank you.

Project Proposal

When the loan is fully funded and is credited into my mono account.the loan will be used to stock the shop. Now that I completed my masters degree (MSc.Technology Management and Entrepreneurship) I will use those Entrepreneur knowledge and ideas gain to expand my business and then think of enrolling in PhD. thank you very much

Feedback

None

None

None

Project Info

Project Type

Pay It Forward

Disbursed amount

$502.00

Date disbursed

Mar 29, 2022

Backers

F

FHult

Stockholm, Sweden

Sundstroms

Falun, Sweden

peanut

Halifax, Canada

O

Oscart

Edmonton, Canada

Bobrm2k3

Charleston, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

mikeoberhaus

San Francisco, United States

C

Colmena

Chicago, United States

S

sarah4d2

Saint Louis, United States

chriseyre

Fremont, Ca, United States

B

bscent

Hong Kong

utdream

United States

SuperMario28

Cudahy, United States

Dave Bogard

New York, United States

W

Wade

United States

Richard

Shrewsbury, United Kingdom

Kevin

San Francisco, United States

TH

tom hd

United Kingdom

Framework Eyewear

Utrecht, Netherlands

E

eriklonnroth

United Kingdom

MS

Mark S Yourek

United States

A

Andrei

United States

SA

Steve A

Newbury, United Kingdom

JA

Jan Andresen

Hamburg, Germany

Sinan Taifour

Munich, Germany, Germany

SA

Shar Alamdari

Los Angeles, United States

L

Lucy

Australia

VC

Victor Chong

United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

Dean Suminski

Portland, Oregon, United States

Jesper

Chipata, Zambia

R

RMIM

United States

S

Symballesthai

United States

GA

Gabe Arnold

United States

A

Anonymous

United States

Elizabeth

Nairobi, Kenya

Carrie

Arlington, MA, United States

LM

Lee Montecucco

Washington State, United States

Elizabeth

Australia

B

Ben

United States

C

Carol

Bayswater, WA, Australia

Girolamo Marroccoli

Basel, Switzerland

BP

Brian Piltz

United States

KA

Kate and Tom

United States

C

Camm

Australia

S

Sam

New Zealand

J

John

Minneapolis, United States

Stephan

Dublin, Ireland

Alfred

Greater Accra, Ghana

W

wisdom2080

Fullerton, United States

Linda

Accra, Ghana

JT

Jennifer Todd

United States

Frank

Berekum, Ghana

Thelody

Abura Nkwanta, Ghana

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  • Benjamin    Sep 9, 2022

    Please sales is very slow, I hope to pay my loan thank you very much

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  • Benjamin    Aug 23, 2022

    Deeply sorry for not able to pay the weekly installments as scheduled. This is due to poor economics situation in my country Ghana which has adversely affected businesses. Not withstanding I will pay off the loan in due cause. Once again deeply sorry for any inconveniences.

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  • Benjamin    Aug 15, 2022

    Sales is very bad and my stock has declined and can not meet customer demand, I hope to pay off my loan so that I could take bigger loan to increase my stock in order to meet customers demand

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  • Benjamin    Jul 26, 2022

    Please my sales is very slow because I can’t meet customer demand.

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  • Benjamin    Jul 24, 2022

    Please my sales is very very slow, I hope to repay

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  • Benjamin    Jul 7, 2022

    Please my sales is still low, I hope things will get back to normal, thank you very much for your patience

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  • Benjamin    Jun 26, 2022

    Sales nowadays are so low that it is difficult to repay the stated repayment amount, this maybe due stock shortage. I hope and pray to pay off my loan thank you very much

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  • Benjamin    Jun 12, 2022

    Deeply sorry for the frequent adjustments, my sales is still slow and I am not phiysically fit so I was not able to go to store the whole of this week. I pray things will work out better

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  • Benjamin    May 27, 2022

    Please my sales is very low of late so it has caused my profit to reduced drastically, I hope to get better sales in the coming weeks

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  • Benjamin    May 9, 2022

    Please I have not been able to make enough sales and this has affected my profit for the week I don’t know why my sale has reduced because I have new stocks yet the customers are not patronizing, I am calling some of my customers to inform them and I hope they will patronize my goods in the subsequent weeks to come.

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  • Benjamin    Apr 25, 2022

    Please my sales is very slow nowadays so it has caused my profit to reduced drastically, I hope to get better sales in the coming weeks

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  • Benjamin    Apr 11, 2022

    Sales is very slow nowadays, I hope things will be better in the days ahead thank you very much

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  • Benjamin    Apr 5, 2022

    Greetings to zidisha fraternity, very big thanks to my backers and lenders for funding my loan, I have received the funds of ghc 2683 on my mtn mobile wallet. This money has been used to increase my stock because I bought perfumes and cosmetics products for resale in my shop.

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  • Benjamin    Mar 27, 2022

    Very big thanks to all my lenders and backers, this loan when receive will be use to buy more cosmetics and hair products to add the my existing stock. I hope it will boost my sales and make more profits. Pray for blessings, favor, good health, wealth and peace to embarrass you all.

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  • Mimi Rothschild    Mar 25, 2022

    God Bless You!

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  • Thelody    Mar 18, 2022

    All the best bro
    We are on same business

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  • Linda    Mar 17, 2022

    Good luck

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  • Elizabeth    Mar 15, 2022

    Good luck.

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  • Jesper    Mar 14, 2022

    All the best

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  • Benjamin    Mar 14, 2022

    Firstly I will thank my lenders for funding my previous loan, by the grace of God I have fully repaid the loan. I hope to get bigger loan amount so that can expand my cosmetic shop.

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