Expansion of home supplies shop

Gloria

Nungua, Accra, Ghana

100% repaid

Entrepreneur

Name

Gloria

Member since

May 2014

On-time repayments

320 installments  •  15%

About Me

I am a laboratory technologist by profession and a member of the Mensah Family in Nungua, Accra. I love to see the people in my community always satisfied with their daily needs. This passion finally led me into opening a whole sale shop in the Nungua Market where I sell to retailers. I sell goods like disposable cups, spoons, and plates, excercise books, bags of sugar, bags of rice, Biscuiits, Batteries, Torchlights, Soft drinks, Toilet rolls, and shoe polishes just to mention a few.This has also reduced the stress of having to travel all the way to Accra Market to purchase goods and I am always happy when I see smiles on the faces of the people in my community when I am able to provide what they want.

My Business

I love to see the people in my community always satisfied with their daily needs. This passion finally led me into opening a whole sale shop in the Nungua Market where I sell to retailers goods like disposable cups, spoons, and plates, excercise books, bags of sugar, bags of rice, Biscuiits, Batteries, Torchlights, Soft drinks, Toilet rolls, and shoe polishes just to mention a few to the people in my community. The demands of my community has now become very high because of the approaching ocassion which is the Easter celebrations. Most churches in Ghana hold conventions, because of this demands of provisions in my shop has now become very high. I have also introduced some electricity saving devices and fuel saving devices for generators and vehicles and the demand of these devices have also shot up. I am into wholesale of these devices. The power outages in Ghana has become high and this has brought a high demand on the fuel saving devices. The wholesale price of two different the fuel saving devices I sell is GHC60 and GHC320 each. Whenever my customers don't get all they want from my shop, they get really dissapointed because they will have to travel all the way to Accra and spend more money on transportation before getting what they want. Also it is very stressful to them because in Accra most of the shops deal in single products so that people will have to visit lots of shops in order to get all that they want.

Loan Proposal

The demands of my community is becoming huge week after week but because my shop is not very large I am not able to buy more house hold supplies else there will be no space even for the customers to enter the shop. My customers get greatly dissapointed whenever they come to the shop and don't get all that they want because they will have to travel all the way to Accra and spend more money on transportation before getting what they want. Also it is very stressful to them because in Accra most of the shops deal in single products so that people will have to visit lots of shops in order to get all that they want. I need to expand my shop so that I will be able to stock it up with more goods in order to supply all the needs of my customers. I will be very grateful to Zidisha if I am granted this loan. I believe that with the help from Zidisha I will be able to expand my shop and stock it up with more household supplies which will make it more attractive, increase my customer base, and also make my customers happy because they will not have to travel all the way to Accra to get what they want into their retail shops.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$462.00

Date disbursed

Oct 23, 2014

Repayment status

On Time

Projected term

6 months

Lenders

T

Tmann

Los Angeles, United States

KYLE LARSON

Little Falls, United States

Hope2012

United Kingdom

ErikN

Stockholm, Sweden

Vanamo

Helsinki, Finland

P

pmyadlowsky

Charlottesville, United States

C

cfaul

Seattle, United States

M

mkfiddler

Santa Barbara, United States

McJulio

New Jersey, United States

Bobrm2k3

Charleston, United States

joaoferraz

RINCHOA, Portugal

N

Navigator

Alavus, Finland

Sarasota

Sarasota, Fl, United States

xtrahardware

Cazenovia, United States

mole333

Brooklyn, United States

T

TrademarkMan

United States

A

aliyabe

United Kingdom

ThomasJosef

Berlin, Germany

M

mbarbier

United States

B

Bilal

Atlanta, United States

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